FirstEnergy Corporation (FE)

Debt-to-capital 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 stockholders’ equity US$ in thousands 12,455,000 12,427,000 12,474,000 12,397,000 10,437,000 10,474,000 10,510,000 10,253,000 10,166,000 10,774,000 10,858,000 8,755,000 8,675,000 7,479,000 7,430,000 7,360,000 7,237,000 7,188,000 7,143,000 6,814,000
Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $12,455,000K)
= 0.00

FirstEnergy Corporation's debt-to-capital ratio has remained consistently at 0.00 for the period from March 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company's debt level is either negligible or non-existent compared to its total capital, which includes both debt and equity. This may suggest that FirstEnergy Corporation has a conservative financial structure with a lower reliance on debt financing, which can be seen as a positive indication of financial stability and lower financial risk. However, it is important to consider other financial metrics and factors in conjunction with the debt-to-capital ratio to gain a comprehensive understanding of the company's financial health and sustainability.