Coterra Energy Inc (CTRA)

Financial leverage ratio

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Total assets	US$ in thousands	21,625,000	20,126,000	20,764,000	20,953,000	20,415,000	20,101,000	19,879,000	20,139,000	20,154,000	20,305,000	20,647,000	20,327,000	19,900,000	4,730,700	4,610,570	4,550,850	4,524,000	4,419,300	4,527,870	4,522,180
Total stockholders’ equity	US$ in thousands	13,122,000	13,034,000	13,029,000	13,089,000	13,039,000	12,789,000	12,659,000	12,643,000	12,659,000	12,659,000	12,191,000	11,718,000	11,738,000	2,327,000	2,300,000	2,306,000	2,216,000	2,118,490	2,165,980	2,168,400
Financial leverage ratio		1.65	1.54	1.59	1.60	1.57	1.57	1.57	1.59	1.59	1.60	1.69	1.73	1.70	2.03	2.00	1.97	2.04	2.09	2.09	2.09

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $21,625,000K ÷ $13,122,000K
= 1.65

The financial leverage ratio of Coterra Energy Inc has exhibited a downward trend from 2.09 as of March 31, 2020, to 1.65 as of December 31, 2024. This indicates a decreasing reliance on debt financing compared to shareholder equity to fund the company's operations and expansion. A declining financial leverage ratio can suggest an improved financial stability and lower risk of financial distress, as the company is less leveraged and has a higher proportion of equity in its capital structure. It may also indicate that the company is managing its debt more effectively or generating higher profits to support its operations without the need for significant debt levels. It is important for investors and stakeholders to monitor this ratio over time to assess the company's capital structure and financial risk profile.