Expand Energy Corporation (EXE)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 17,565,000 | 10,729,000 | 9,124,000 | 5,671,000 | -5,341,000 |
| Debt-to-capital ratio | 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 + $17,565,000K)
= 0.00
The debt-to-capital ratio of Expand Energy Corporation has shown a consistent trend of 0.00% from December 31, 2021, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations relative to its total capital during this period. A debt-to-capital ratio of 0.00% suggests that the company is primarily relying on equity financing, which can be viewed positively as it signifies a lower risk level associated with debt obligations. It also implies that the company's financial structure is stable and that it may have a strong financial position with less financial leverage.
Peer comparison
Dec 31, 2024