Edison International (EIX)
Debt-to-capital 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 | 15,565,000 | 15,501,000 | 15,621,000 | 15,888,000 | 14,048,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $15,565,000K)
= 0.00
The debt-to-capital ratio for Edison International has remained consistently at 0.00% from December 31, 2020, to December 31, 2024. This indicates that the company has been using minimal debt relative to its capital structure during this period. A debt-to-capital ratio of 0.00% suggests that the company may have a strong reliance on equity financing rather than debt to fund its operations and investments. This low debt level can be seen as a positive indicator of financial stability and a lower risk of financial distress due to debt obligations. Investors and creditors may view a low debt-to-capital ratio favorably as it implies a lower leverage risk and potentially better long-term financial health for the company.
Peer comparison
Dec 31, 2024