Duke Energy Corporation (DUK)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 186,343,000 | 176,893,000 | 178,086,000 | 169,587,000 | 162,388,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $186,343,000K
= 0.00
The debt-to-assets ratio for Duke Energy Corporation has remained at 0.00 consistently from December 31, 2020, to December 31, 2024. This indicates that the company has not taken on any debt to finance its assets and has a strong financial position with a low level of financial leverage. A debt-to-assets ratio of 0.00 may suggest that the company is primarily funding its assets through equity rather than debt, which can be seen as a positive sign of financial stability and lower risk for investors and creditors. However, it is important to consider other financial metrics and qualitative factors to gain a more comprehensive understanding of Duke Energy Corporation's overall financial health and performance.
Peer comparison
Dec 31, 2024