EQT Corporation (EQT)

Financial leverage ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Total assets US$ in thousands 39,830,300 25,285,100 22,669,900 21,607,400 18,113,500
Total stockholders’ equity US$ in thousands 20,597,600 14,773,200 11,172,500 9,954,760 9,255,240
Financial leverage ratio 1.93 1.71 2.03 2.17 1.96

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $39,830,300K ÷ $20,597,600K
= 1.93

The financial leverage ratio of EQT Corporation has fluctuated over the past five years.

As of December 31, 2020, the financial leverage ratio stood at 1.96, indicating that the company had a higher proportion of debt in its capital structure compared to equity.

This ratio increased to 2.17 by December 31, 2021, suggesting a further increase in debt relative to equity.

By December 31, 2022, the financial leverage ratio decreased to 2.03, which could indicate a slight reduction in the company's reliance on debt financing.

However, the ratio dropped significantly to 1.71 by December 31, 2023, signifying a decrease in the proportion of debt in the company's capital structure.

Subsequently, by December 31, 2024, the financial leverage ratio rose to 1.93, indicating a slight increase in the company's reliance on debt financing once again.

Overall, the trend in EQT Corporation's financial leverage ratio suggests fluctuations in the company's use of debt relative to equity over the five-year period.


See also:

EQT Corporation Financial Leverage