EOG Resources Inc (EOG)
Debt-to-capital 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 29,351,000 | 29,574,000 | 29,159,000 | 28,636,000 | 28,090,000 | 27,758,000 | 26,257,000 | 25,447,000 | 24,779,000 | 23,849,000 | 22,312,000 | 21,540,000 | 22,180,000 | 21,765,000 | 20,881,000 | 20,762,000 | 20,301,900 | 20,148,300 | 20,387,600 | 21,470,700 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 + $29,351,000K)
= 0.00
The debt-to-capital ratio of EOG Resources Inc has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company has not taken on any debt to finance its operations relative to its total capital. This suggests that EOG Resources Inc has been primarily financing its activities through equity rather than debt during the specified period. A low or zero debt-to-capital ratio is generally viewed positively by investors and creditors as it signifies lower financial risk and greater financial stability for the company.
Peer comparison
Dec 31, 2024