Dominion Energy Inc (D)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $25,153,000K
= 0.00
Based on the provided data, Dominion Energy Inc has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt in relation to its equity during this period. This suggests that Dominion Energy Inc has a strong financial position with no significant reliance on debt financing to support its operations and investments. A low or zero debt-to-equity ratio typically indicates a lower financial risk for the company as it implies lower leverage and a healthier balance sheet structure.
Peer comparison
Dec 31, 2024