Evergy, Inc. (EVRG)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $9,955,000K
= 0.00
The debt-to-equity ratio of Evergy, Inc. has consistently remained at 0.00 across all reported quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a source of financing and has relied solely on equity to fund its operations and investments. A debt-to-equity ratio of 0.00 typically signifies a low level of financial risk and suggests that the company has a strong equity base relative to its debt obligations. Investors and creditors may view a low debt-to-equity ratio positively as it implies a stable financial position and a reduced probability of financial distress.
Peer comparison
Dec 31, 2024