Expand Energy Corporation (EXE)
Debt-to-assets 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 assets | US$ in thousands | 27,894,000 | 13,392,000 | 13,608,000 | 14,018,000 | 14,376,000 | 14,248,000 | 14,429,000 | 14,591,000 | 15,726,000 | 14,089,000 | 13,899,000 | 13,293,000 | 11,009,000 | 7,326,000 | 6,999,000 | 6,904,000 | 6,584,000 | 6,903,000 | 6,553,000 | 7,808,000 |
| Debt-to-assets 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-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $27,894,000K
= 0.00
Expand Energy Corporation's debt-to-assets ratio has been consistently at 0.00 for the past several quarters as per the provided data. This indicates that the company has no debt relative to its total assets during these periods. A debt-to-assets ratio of 0.00 typically suggests that the company is financing its operations primarily through equity rather than debt. It also indicates a low financial risk as there is no significant debt obligation that the company needs to service using its assets. Overall, a consistent debt-to-assets ratio of 0.00 reflects a strong financial position in terms of debt management and risk exposure for Expand Energy Corporation.
Peer comparison
Dec 31, 2024