FirstEnergy Corporation (FE)
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 | 12,455,000 | 10,437,000 | 10,166,000 | 8,675,000 | 7,237,000 |
| Debt-to-capital ratio | 0.00 | 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 + $12,455,000K)
= 0.00
The debt-to-capital ratio for FirstEnergy Corporation has remained consistent at 0.00 for the past five years, indicating that the company has not utilized debt significantly to finance its operations or investments relative to its total capital. This may suggest a conservative financial strategy and a lower level of financial risk associated with debt obligations. Investors and stakeholders may view this stability positively, as it reflects a strong capital position and potentially lower interest expense burden. However, it is important to consider other financial metrics and factors in conjunction with the debt-to-capital ratio for a more comprehensive evaluation of the company's overall financial health and performance.
Peer comparison
Dec 31, 2024