Consolidated Edison Inc (ED)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 23,001,000 | 66,331,000 | 69,065,000 | 63,116,000 | 62,895,000 |
| Total stockholders’ equity | US$ in thousands | 21,961,000 | 21,158,000 | 20,687,000 | 20,037,000 | 18,847,000 |
| Financial leverage ratio | 1.05 | 3.14 | 3.34 | 3.15 | 3.34 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $23,001,000K ÷ $21,961,000K
= 1.05
Consolidated Edison Inc's financial leverage ratio has shown fluctuations over the past five years. The ratio decreased from 3.34 in December 2020 to 3.15 in December 2021, indicating a slight improvement in the company's leverage position. However, the ratio increased again to 3.34 by the end of 2022, before dropping significantly to 3.14 by December 2023. Notably, there was a substantial decline in the financial leverage ratio to 1.05 by December 2024, suggesting a significant reduction in the company's reliance on debt to finance its operations. Overall, the trend in the financial leverage ratio demonstrates fluctuations in Consolidated Edison Inc's leverage levels over the five-year period.
Peer comparison
Dec 31, 2024