Edison International (EIX)
Debt-to-equity 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-equity ratio | 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 ÷ $15,565,000K
= 0.00
Based on the provided data, the debt-to-equity ratio of Edison International has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has been financing its operations primarily through equity rather than debt during this period. A debt-to-equity ratio of 0.00 signifies that the company has no debt on its balance sheet relative to its equity. This could suggest a conservative financial structure and lower financial risk, as there is no significant leverage used to fund the company's operations. However, it is important to note that a very low debt-to-equity ratio may also indicate missed opportunities for leveraging debt to potentially enhance returns for shareholders. Further analysis of the company's capital structure and overall financial health would be needed to assess the implications of this consistent ratio over the years.
Peer comparison
Dec 31, 2024