Evergy, Inc. (EVRG)
Debt-to-assets 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 assets | US$ in thousands | 32,282,100 | 32,146,100 | 31,831,000 | 31,256,300 | 32,244,200 | 30,616,000 | 30,277,100 | 29,685,900 | 29,489,900 | 29,247,600 | 29,188,800 | 28,739,900 | 28,520,500 | 28,182,100 | 28,008,800 | 28,020,100 | 27,114,800 | 26,881,200 | 26,250,400 | 26,184,700 |
| Debt-to-assets 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-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $32,282,100K
= 0.00
The debt-to-assets ratio for Evergy, Inc. has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company's total debt is very low or negligible in comparison to its total assets over this period. A debt-to-assets ratio of 0.00 means that the company's assets are entirely financed by equity rather than debt. This can be seen as a positive sign of financial stability and strength, as it suggests that Evergy has a lower financial risk and is not heavily reliant on borrowing to fund its operations or expansion. Overall, a consistently low debt-to-assets ratio may imply a conservative financial strategy and strong financial health for the company.
Peer comparison
Dec 31, 2024