Consolidated Edison Inc (ED)

Debt-to-equity 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 stockholders’ equity US$ in thousands 21,962,000 21,898,000 21,560,000 21,615,000 21,158,000 21,078,000 20,805,000 20,843,000 20,687,000 20,748,000 20,387,000 20,378,000 20,037,000 20,037,000 19,743,000 19,033,000 18,847,000 18,494,000 18,225,000 18,261,000
Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $21,962,000K
= 0.00

Consolidated Edison Inc has consistently maintained a debt-to-equity ratio of 0.00 from March 31, 2020, to December 31, 2024. This low, or even non-existent, ratio indicates that the company has been primarily financing its operations and growth using equity rather than debt. A debt-to-equity ratio of 0.00 suggests that the company's financial structure is relatively stable and that it has minimal financial risk associated with debt obligations. This may be viewed positively by investors and creditors as it implies a lower likelihood of default and indicates a strong equity base supporting the company's operations.