DT Midstream Inc (DTM)

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
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 4,627,000 4,218,000 4,197,000 4,166,000 4,139,000 4,079,000 4,052,000 4,023,000 4,007,000 3,978,000 3,923,000 3,890,000 3,872,000 3,839,000 3,830,000 3,888,000 4,073,000
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

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $4,627,000K
= 0.00

The debt-to-equity ratio of DT Midstream Inc has remained constant at 0.00 from December 31, 2020, to December 31, 2024. This signifies that the company has not utilized any debt to finance its operations during this period, relying solely on equity for funding its activities. A debt-to-equity ratio of 0.00 suggests a conservative financial structure where the company is not exposed to the risks associated with debt obligations. However, it is important to note that a zero debt-to-equity ratio may also indicate missed opportunities for leveraging debt to potentially fuel growth or maximize returns for shareholders.