Dominion Energy Inc (D)

Financial leverage 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
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
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
Financial leverage ratio		3.76	3.63	3.71	3.72	3.96	3.78	3.73	3.71	3.74	3.62	3.66	3.66	3.65	3.71	3.69	3.62	3.67	3.97	3.59	3.39

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $102,415,000K ÷ $27,253,000K
= 3.76

Dominion Energy Inc's financial leverage ratio has shown some fluctuation over the period from March 31, 2020, to December 31, 2024. The ratio started at 3.39 on March 31, 2020, increased to a peak of 3.97 on September 30, 2020, before gradually decreasing to 3.62 by March 31, 2021. Subsequently, the ratio fluctuated within a narrow range between 3.62 and 3.74 until December 31, 2022.

There was a slight increase in the financial leverage ratio to 3.96 by December 31, 2023, and then a decline to 3.71 by March 31, 2024. The ratio remained relatively stable around 3.71 to 3.76 for the rest of the period. Overall, Dominion Energy Inc's financial leverage ratio indicates a moderate level of leverage, with some variability in the short term but generally within a reasonable range over the analyzed period.