Evergy, Inc. (EVRG)
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 | 9,807,800 | 9,663,100 | 9,483,700 | 9,244,400 | 8,733,400 |
| 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 + $9,807,800K)
= 0.00
Evergy, Inc.'s debt-to-capital ratio has consistently been reported as 0.00 from December 31, 2020, through December 31, 2024. This indicates that the company has not used debt as a significant portion of its capital structure during these years. A debt-to-capital ratio of 0.00 suggests that Evergy has either minimal or no debt in relation to its total capital, which may imply a conservative financing strategy or a strong financial position with ample equity financing. Investors and analysts may view this positively as it indicates lower financial risk and potentially greater stability in the company's operations.
Peer comparison
Dec 31, 2024