Evergy, Inc. (EVRG)
Debt-to-capital 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 | 9,955,000 | 3,408,100 | 9,703,600 | 9,639,100 | 9,663,100 | 9,749,000 | 9,534,900 | 9,489,000 | 9,483,700 | 9,609,000 | 9,307,300 | 9,237,100 | 9,244,400 | 9,317,800 | 8,986,000 | 8,806,300 | 8,733,400 | 8,802,100 | 8,547,800 | 8,529,200 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $9,955,000K)
= 0.00
The debt-to-capital ratio for Evergy, Inc. has remained consistently at 0.00 from March 31, 2020, through December 31, 2024. This indicates that the company has not utilized debt to finance its operations or investments relative to its total capital structure during this period. A debt-to-capital ratio of 0.00 typically suggests that Evergy has been relying more on equity financing, which may reflect a conservative financial strategy or strong internal cash generation capabilities. It signifies a lower financial risk due to the absence of debt obligations in the capital structure and implies a stable and sustainable financial position for the company.
Peer comparison
Dec 31, 2024