Dominion Energy Inc (D)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 25,153,000 | 27,529,000 | 27,881,000 | 27,308,000 | 26,117,000 |
| Debt-to-capital ratio | 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 + $25,153,000K)
= 0.00
Based on the provided data, Dominion Energy Inc's debt-to-capital ratio has remained consistently at 0.00 from December 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company has no debt in its capital structure during these periods. This can be interpreted as a positive indicator, showcasing the company's ability to operate without relying on debt financing. However, it's important to note that this ratio alone may not provide a complete picture of the company's financial health, as other factors should also be considered in assessing its overall financial stability and performance.
Peer comparison
Dec 31, 2024