Duke Energy Corporation (DUK)
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 | 186,343,000 | 183,566,000 | 181,575,000 | 178,670,000 | 176,893,000 | 181,160,000 | 180,076,000 | 178,833,000 | 178,086,000 | 176,340,000 | 172,383,000 | 171,220,000 | 169,587,000 | 167,007,000 | 165,385,000 | 163,465,000 | 162,388,000 | 161,409,000 | 160,049,000 | 160,072,000 |
| Total stockholders’ equity | US$ in thousands | 50,127,000 | 49,133,000 | 49,707,000 | 49,551,000 | 49,112,000 | 49,006,000 | 48,333,000 | 49,260,000 | 49,322,000 | 50,345,000 | 49,720,000 | 49,446,000 | 49,296,000 | 49,307,000 | 48,132,000 | 48,186,000 | 47,964,000 | 46,006,000 | 45,484,000 | 46,921,000 |
| Financial leverage ratio | 3.72 | 3.74 | 3.65 | 3.61 | 3.60 | 3.70 | 3.73 | 3.63 | 3.61 | 3.50 | 3.47 | 3.46 | 3.44 | 3.39 | 3.44 | 3.39 | 3.39 | 3.51 | 3.52 | 3.41 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $186,343,000K ÷ $50,127,000K
= 3.72
The financial leverage ratio of Duke Energy Corporation has shown a relatively stable trend over the period from March 31, 2020, to December 31, 2024. The ratio ranged between 3.39 and 3.74 during this period, indicating that the company has maintained a moderate level of financial leverage.
Specifically, the ratio fluctuated within a narrow range with occasional fluctuations, reaching a peak of 3.74 on September 30, 2024. This suggests that Duke Energy Corporation has been using a mix of debt and equity to finance its operations and investments, with a slightly increasing trend towards the end of the period.
Overall, a financial leverage ratio between 3.39 and 3.74 signifies that Duke Energy Corporation has a prudent level of debt relative to its equity, balancing the benefits of financial leverage with the associated risks. It is essential for investors and stakeholders to continue monitoring this ratio to assess the company's capital structure and financial risk management.
Peer comparison
Dec 31, 2024