Eversource Energy (ES)
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 | 21,760,700 | 14,173,900 | 15,473,200 | 14,599,800 | 14,063,600 |
| 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 + $21,760,700K)
= 0.00
Based on the data provided, Eversource Energy has consistently maintained a debt-to-capital ratio of 0.00 from December 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company has zero debt in relation to its capital, implying that Eversource Energy relies entirely on equity financing rather than debt to fund its operations and investments. This low debt level signifies a conservative financial strategy, as the company avoids the risks associated with high leverage. Eversource Energy's stable debt-to-capital ratio suggests a strong financial position and creditworthiness, with ample financial flexibility to pursue growth opportunities or weather economic uncertainties.
Peer comparison
Dec 31, 2024