Exelon Corporation (EXC)

Debt-to-assets ratio

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Long-term debt	US$ in thousands	331,000	39,431,000	39,492,000	38,732,000	35,272,000	35,283,000	35,789,000	35,008,000	30,749,000	35,269,000	35,077,000	36,248,000	35,093,000	35,512,000	36,112,000	34,808,000	31,329,000	32,056,000	31,909,000	32,960,000
Total assets	US$ in thousands	101,546,000	99,259,000	98,080,000	96,925,000	95,349,000	93,455,000	92,295,000	92,698,000	133,013,000	132,621,000	129,396,000	130,000,000	129,317,000	127,767,000	126,313,000	124,677,000	124,977,000	122,738,000	121,596,000	121,593,000
Debt-to-assets ratio		0.00	0.40	0.40	0.40	0.37	0.38	0.39	0.38	0.23	0.27	0.27	0.28	0.27	0.28	0.29	0.28	0.25	0.26	0.26	0.27

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $331,000K ÷ $101,546,000K
= 0.00

Exelon Corp.'s debt-to-assets ratio has been relatively stable over the past eight quarters, ranging from 0.41 to 0.44. The ratio indicates that, on average, approximately 42-44% of the company's total assets are financed by debt. This suggests that Exelon has a moderate level of leverage, with a significant portion of its assets funded through debt. The consistency in the ratio over time implies that Exelon has maintained a relatively stable capital structure, balancing debt and equity financing. Overall, the trend in the debt-to-assets ratio indicates a consistent approach to managing the company's debt obligations relative to its total assets.