Consolidated Edison Inc (ED)

Debt-to-assets 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
Long-term debt US$ in thousands
Total assets US$ in thousands 70,562,000 68,645,000 67,920,000 66,680,000 66,331,000 64,405,000 63,771,000 7,531,000 69,065,000 65,763,000 65,072,000 63,737,000 62,817,000 62,598,000 62,609,000 62,299,000 62,677,000 59,378,000 58,865,000 58,953,000
Debt-to-assets 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 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $70,562,000K
= 0.00

Consolidated Edison Inc has consistently maintained a debt-to-assets ratio of 0.00 across all reporting periods from March 31, 2020, to December 31, 2024. This suggests that the company has been financing its operations primarily through equity rather than debt. A debt-to-assets ratio of 0.00 indicates that the company's total debt is negligible in comparison to its total assets, implying a strong financial position in terms of debt management and liquidity. It signifies that Consolidated Edison Inc has a low financial risk associated with debt obligations and may have a conservative approach towards leverage in its capital structure.