Clearway Energy Inc Class C (CWEN)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 14,329,000 | 14,701,000 | 12,312,000 | 12,813,000 | 10,592,000 |
| Total stockholders’ equity | US$ in thousands | 5,564,000 | 4,995,000 | 4,033,000 | 3,300,000 | 2,715,000 |
| Financial leverage ratio | 2.58 | 2.94 | 3.05 | 3.88 | 3.90 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $14,329,000K ÷ $5,564,000K
= 2.58
The financial leverage ratio of Clearway Energy Inc Class C has shown a decreasing trend over the years, dropping from 3.90 in December 2020 to 2.58 in December 2024. This indicates that the company has been gradually reducing its reliance on debt to finance its operations and investments. A lower financial leverage ratio suggests a stronger financial position and lower financial risk, as the company has less debt relative to its equity. Clearway Energy Inc Class C's declining leverage ratio may be a positive sign of improved financial stability and prudent debt management strategies.
Peer comparison
Dec 31, 2024