Dominion Energy Inc (D)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 27,253,000 | 27,531,000 | 27,073,000 | 27,421,000 | 27,529,000 | 28,028,000 | 28,428,000 | 28,356,000 | 27,881,000 | 28,573,000 | 28,297,000 | 27,520,000 | 27,308,000 | 26,906,000 | 26,550,000 | 26,699,000 | 26,117,000 | 26,336,000 | 28,871,000 | 30,726,000 |
| Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $27,253,000K
= 0.00
The debt-to-equity ratio for Dominion Energy Inc has consistently remained at 0.00 for all reported quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not reported any debt on its balance sheet during this period, or the level of debt reported is negligible in comparison to its equity. A debt-to-equity ratio of 0.00 typically signifies that the company is primarily using equity to finance its operations, which can be seen as a positive indicator of financial stability and a lower risk profile. Nonetheless, it is important to consider additional factors such as the nature of the industry, the company's growth plans, and overall market conditions when evaluating the financial health of Dominion Energy Inc.
Peer comparison
Dec 31, 2024