Dominion Energy Inc (D)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 102,415,000 | 109,032,000 | 104,243,000 | 99,590,000 | 95,905,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $102,415,000K
= 0.00
The debt-to-assets ratio of Dominion Energy Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt financing to acquire its assets during this period. A debt-to-assets ratio of 0.00 suggests that Dominion Energy has fully funded its assets through equity or retained earnings, indicating a strong financial position with minimal financial risk associated with debt obligations. It also signifies the company's ability to cover its obligations without relying heavily on borrowed funds.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-assets ratio
Dominion Energy Inc
D
0.00
American Electric Power Co Inc
AEP
0.38
Black Hills Corporation
BKH
0.42
CenterPoint Energy Inc
CNP
0.00
Clearway Energy Inc Class C
CWEN
0.47
Constellation Energy Corp
CEG
0.00
DTE Energy Company
DTE
0.45
Edison International
EIX
0.00
Entergy Corporation
ETR
0.00
Eversource Energy
ES
0.00
FirstEnergy Corporation
FE
0.00