Chevron Corp (CVX)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 157,030,000 | 160,957,000 | 191,856,000 | 167,378,000 | 162,209,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $157,030,000K)
= 0.00
Based on the data provided, Chevron Corp has consistently maintained a debt-to-capital ratio of 0.00 from December 31, 2020, to December 31, 2024. This signifies that Chevron's total debt in relation to its total capital is negligible or minimal during this period. A debt-to-capital ratio of 0.00 indicates that the company is primarily financed through equity rather than debt, which may be a positive indicator of financial stability and a lower risk profile. However, it is important to consider other financial metrics and external factors to gain a more comprehensive understanding of Chevron's financial health and risk management strategies.
Peer comparison
Dec 31, 2024