Dominion Energy Inc (D)
Debt-to-assets 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 assets | US$ in thousands | 102,415,000 | 99,820,000 | 100,417,000 | 102,005,000 | 109,032,000 | 105,943,000 | 106,064,000 | 105,325,000 | 104,243,000 | 103,535,000 | 103,678,000 | 100,852,000 | 99,590,000 | 99,804,000 | 97,963,000 | 96,703,000 | 95,905,000 | 104,535,000 | 103,728,000 | 104,126,000 |
| Debt-to-assets 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-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 over the period from March 31, 2020, to December 31, 2024. This indicates that the company has not relied on debt financing to fund its assets during this timeframe. A debt-to-assets ratio of 0.00 suggests that the company's assets are primarily financed by equity rather than debt, which may reflect a conservative financial strategy aimed at minimizing financial risk. While a low debt-to-assets ratio is generally considered favorable in terms of financial stability and creditworthiness, it is important to consider the broader context and additional financial metrics to form a comprehensive assessment of Dominion Energy Inc's financial health and performance.
Peer comparison
Dec 31, 2024