Eversource Energy (ES)
Debt-to-equity 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 | 15,039,400 | 26,982,100 | 14,818,700 | 14,543,600 | 14,173,900 | 15,685,900 | 15,554,100 | 15,749,400 | 15,473,200 | 15,279,200 | 15,057,200 | 14,836,700 | 14,599,800 | 14,411,600 | 14,311,900 | 14,233,400 | 14,063,600 | 13,980,000 | 13,805,300 | 13,210,000 |
| Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $15,039,400K
= 0.00
Eversource Energy has consistently maintained a debt-to-equity ratio of 0.00 over the analyzed period from March 31, 2020, to December 31, 2024. This implies that the company's debt levels are either very low or non-existent in relation to its equity. A debt-to-equity ratio of 0.00 generally indicates that the company is primarily financed by equity rather than debt, which can be seen as a positive indicator of financial stability and lower financial risk. Eversource Energy's ability to sustain a low debt-to-equity ratio may reflect a conservative financial strategy and strong operational performance, as the company has not significantly relied on debt to finance its operations and investments during this period. It suggests that the company may have a strong equity base to support its growth and financial activities.
Peer comparison
Dec 31, 2024