Entergy Corporation (ETR)
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 | 64,790,000 | 59,703,400 | 58,595,200 | 59,454,200 | 58,239,200 |
| 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 ÷ $64,790,000K
= 0.00
Entergy Corporation's debt-to-assets ratio has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This implies that the company has not relied heavily on debt to finance its assets during this period. A debt-to-assets ratio of 0.00 indicates that the company's total debt is negligible compared to its total assets, which could be a positive sign of financial stability and lower financial risk. However, it is also important to consider other financial metrics and factors to obtain a holistic view of Entergy Corporation's financial health and performance.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-assets ratio
Entergy Corporation
ETR
0.00
American Electric Power Co Inc
AEP
0.38
Black Hills Corporation
BKH
0.42
CenterPoint Energy Inc
CNP
0.00
Clearway Energy Inc Class C
CWEN
0.47
Constellation Energy Corp
CEG
0.00
Dominion Energy Inc
D
0.00
DTE Energy Company
DTE
0.45
Edison International
EIX
0.00
Eversource Energy
ES
0.00
FirstEnergy Corporation
FE
0.00