Consolidated Edison Inc (ED)
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 | 21,961,000 | 21,158,000 | 20,687,000 | 20,037,000 | 18,847,000 |
| 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 + $21,961,000K)
= 0.00
Consolidated Edison Inc has consistently maintained a debt-to-capital ratio of 0.00 over the past five years, indicating that the company has not utilized debt as a significant source of financing in relation to its total capital structure. A low or zero debt-to-capital ratio can suggest a conservative approach to financial leverage and may reflect strong financial stability. However, it is important to note that while a low debt level can be advantageous in terms of minimizing interest expenses and financial risk, it could also imply missed opportunities for potential growth or tax advantages associated with debt financing. Further analysis of the company's financial strategy and overall performance would be needed to fully assess the implications of its debt management approach.
Peer comparison
Dec 31, 2024