Edison International (EIX)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 22,067,000 | 81,758,000 | 78,041,000 | 74,745,000 | 69,372,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $22,067,000K
= 0.00
The debt-to-assets ratio for Edison International remains consistently at 0.00 from December 31, 2020, to December 31, 2024. This implies that the company's total debt is effectively zero compared to its total assets over the specified period. An exceptionally low debt-to-assets ratio indicates a strong financial position and suggests that the company relies more on equity financing rather than debt to fund its operations and investments. This could signal financial stability and lower risk for creditors and investors. However, it's important to note that a very low debt-to-assets ratio may also indicate missed opportunities for leveraging debt to potentially enhance returns.
Peer comparison
Dec 31, 2024