Duke Energy Corporation (DUK)
Debt-to-equity 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-equity ratio | 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 ÷ $50,127,000K
= 0.00
Based on the provided data, Duke Energy Corporation has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company's total liabilities are either equal to or lower than its total equity during this period. A debt-to-equity ratio of 0.00 signifies that Duke Energy Corporation primarily relies on equity financing rather than debt financing to support its operations and investments. This financial structure suggests a lower financial risk level as the company has minimal debt obligations relative to its equity base. It is important to note that while a low debt-to-equity ratio is generally viewed positively, it is essential to consider other financial metrics and industry benchmarks to gain a comprehensive understanding of Duke Energy Corporation's overall financial health and performance.
Peer comparison
Dec 31, 2024