Expand Energy Corporation (EXE)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 27,894,000 | 14,376,000 | 15,468,000 | 11,009,000 | 6,584,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $27,894,000K
= 0.00
The debt-to-assets ratio for Expand Energy Corporation has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used any debt financing to acquire its assets during this period. A debt-to-assets ratio of 0.00 typically suggests a low financial risk and a strong financial position, as the company is not heavily reliant on debt to fund its operations and investments. It also implies that the company's assets are primarily funded by equity, which may be seen as a positive factor by investors and creditors. However, it is important to note that this ratio alone may not provide a complete picture of the company's overall financial health, and further analysis of other financial ratios and aspects of the business would be necessary to make a comprehensive assessment.
Peer comparison
Dec 31, 2024