Expand Energy Corporation (EXE)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | — |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $17,565,000K
= 0.00
The debt-to-equity ratio of Expand Energy Corporation has been consistently 0.00 since December 31, 2021, indicating that the company has no debt relative to its equity during this period. This suggests that the company may be relying more on equity financing rather than debt financing to fund its operations and growth. A low or zero debt-to-equity ratio can be viewed positively by investors and creditors as it signals a lower financial risk and a stronger financial position. However, it is important to consider that a very low or zero debt-to-equity ratio may also imply missed opportunities for leveraging debt for potentially higher returns. Overall, the stable and low debt-to-equity ratio of Expand Energy Corporation may reflect a conservative financial strategy aimed at maintaining financial stability and minimizing financial risks.
Peer comparison
Dec 31, 2024