Eversource Energy (ES)
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 | 59,594,500 | 55,612,200 | 53,230,900 | 48,492,100 | 46,099,600 |
| 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 ÷ $59,594,500K
= 0.00
The debt-to-assets ratio for Eversource Energy remained consistently at 0.00% from December 31, 2020, to December 31, 2024. This indicates that the company's total debt was effectively non-existent in relation to its total assets during this period. A debt-to-assets ratio of 0.00% typically suggests that the company is financing its operations primarily through equity rather than debt, portraying a strong financial position with minimal financial risk stemming from debt obligations. Investors and stakeholders may view this stability positively, as it reflects prudent financial management and the ability to manage assets efficiently without accumulating significant debt burdens.
Peer comparison
Dec 31, 2024