Duke Energy Corporation (DUK)
Debt-to-capital 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 | 50,127,000 | 49,112,000 | 49,322,000 | 49,296,000 | 47,964,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $50,127,000K)
= 0.00
The debt-to-capital ratio of Duke Energy Corporation has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its operations and investments, relying solely on equity capital. A debt-to-capital ratio of 0.00 suggests that the company has a conservative financial approach with low financial leverage and minimal risk associated with debt obligations. It signifies the company's ability to fund its operations without relying on borrowed funds, which may be viewed positively by investors and creditors due to the lower risk of default.
Peer comparison
Dec 31, 2024