Evergy, Inc. (EVRG)

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 32,282,100 32,244,200 29,489,900 28,520,500 27,114,800
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 ÷ $32,282,100K
= 0.00

The debt-to-assets ratio of Evergy, Inc. remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company's total debt is not being used to finance its assets during this period. A lower debt-to-assets ratio typically suggests lower financial risk and greater financial stability for the company. However, it is important to consider other factors such as the nature of the industry and the company's business model when evaluating the significance of this ratio.