Consolidated Edison Inc (ED)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Financial leverage ratio | 3.21 | 3.13 | 3.15 | 3.08 | 3.14 | 3.06 | 3.07 | 0.36 | 3.34 | 3.17 | 3.19 | 3.13 | 3.14 | 3.12 | 3.17 | 3.27 | 3.33 | 3.21 | 3.23 | 3.23 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $70,562,000K ÷ $21,962,000K
= 3.21
Consolidated Edison Inc's financial leverage ratio has displayed fluctuations over the past years, ranging from a low of 3.06 to a high of 3.34. The general trend shows a relatively stable level around the 3.2 range, indicating that the company has maintained a consistent level of leverage. However, there was a significant drop in the financial leverage ratio to 0.36 in March 2023, which may be an anomaly or result from a specific event impacting the company's capital structure. Subsequently, the ratio returned to a more typical range, hovering around 3.1 to 3.2. Overall, the financial leverage ratio suggests that Consolidated Edison Inc has moderate leverage levels, which may indicate a balanced approach to funding its operations and investments.
Peer comparison
Dec 31, 2024