Dominion Energy Inc (D)

Solvency ratios provide insight into a company's ability to meet its long-term financial obligations. In the case of Dominion Energy Inc, the trends in key solvency ratios over the past five years indicate the following:

1. Debt-to-assets ratio:
- The debt-to-assets ratio has generally remained relatively stable, hovering around 0.40 to 0.44 range over the period. This ratio measures the proportion of assets financed by debt, with lower values indicating a lower reliance on debt for financing operations.

2. Debt-to-capital ratio:
- The debt-to-capital ratio has also shown consistency, staying within the 0.54 to 0.62 range. This ratio reflects the proportion of capital structure funded by debt, showing a moderate level of debt utilization over the years.

3. Debt-to-equity ratio:
- The debt-to-equity ratio has displayed an increasing trend from 1.18 in 2019 to 1.61 in 2023. This indicates a higher level of financial leverage, where more of the company's operations are funded by debt compared to equity.

4. Financial leverage ratio:
- The financial leverage ratio has varied, with peaks and troughs during the period but showing an overall increasing trend. This ratio reflects the extent to which the company utilizes debt financing to support its assets, with higher values suggesting a higher degree of financial risk.

Overall, Dominion Energy Inc's solvency ratios demonstrate a consistent reliance on debt for financing its operations, with the debt-to-equity ratio particularly indicating an increasing leverage position over the years. It is important for investors and stakeholders to monitor these ratios to assess the company's ability to manage its debt levels effectively and ensure long-term financial stability.

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Coverage ratios

Unfortunately, the specific data for interest coverage for Dominion Energy Inc is not provided in the table. Interest coverage ratio is a key financial metric used to evaluate a company's ability to meet its interest obligations. It is calculated by dividing the earnings before interest and taxes (EBIT) by the interest expense. A higher interest coverage ratio indicates a company is more capable of meeting its interest payments.

Without the specific values for interest coverage for Dominion Energy Inc in the given years, a detailed analysis of the trend and performance of the company's ability to cover its interest obligations cannot be conducted. It is advisable to reference the company's financial reports or seek updated data to evaluate its interest coverage ratio effectively.