Consolidated Edison Inc (ED)
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 | 21,961,000 | 21,158,000 | 20,687,000 | 20,037,000 | 18,847,000 |
| 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 ÷ $21,961,000K
= 0.00
Consolidated Edison Inc has consistently maintained a debt-to-equity ratio of 0.00 across the years 2020 to 2024. This indicates that the company has not relied heavily on debt financing relative to its equity. A debt-to-equity ratio of 0.00 suggests that the company may have a conservative capital structure with a lower level of financial risk compared to companies with higher debt levels. It also indicates that investors and creditors may perceive the company as financially stable and less leveraged. However, it is important to note that a debt-to-equity ratio of 0.00 may also signal limited growth opportunities or inefficient use of leverage. Further analysis of other financial metrics and factors would be necessary to gain a more comprehensive understanding of Consolidated Edison Inc's financial health and performance.
Peer comparison
Dec 31, 2024