Chevron Corp (CVX)
Debt-to-capital 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 152,318,000 | 156,202,000 | 159,233,000 | 160,625,000 | 160,957,000 | 165,265,000 | 158,325,000 | 159,449,000 | 191,856,000 | 188,226,000 | 153,554,000 | 170,891,000 | 167,378,000 | 164,876,000 | 161,472,000 | 161,117,000 | 162,209,000 | 165,341,000 | 167,954,000 | 177,945,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 + $152,318,000K)
= 0.00
The debt-to-capital ratio of Chevron Corp has consistently remained at 0.00 for all the reported periods from March 31, 2020, to December 31, 2024. This indicates that Chevron Corp has not utilized debt as a significant source of financing relative to its total capital structure. A consistent 0.00 debt-to-capital ratio suggests that Chevron Corp may rely more on equity financing or other sources of capital, which could indicate a relatively low financial risk profile in terms of leverage. However, further context such as industry benchmarks and historical trends would be beneficial for a more comprehensive analysis of the company's capital structure and financial risk management strategies.
Peer comparison
Dec 31, 2024