FirstEnergy Corporation (FE)
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 | 12,455,000 | 10,437,000 | 10,166,000 | 8,675,000 | 7,237,000 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $12,455,000K
= 0.00
FirstEnergy Corporation's debt-to-equity ratio has consistently been reported as 0.00 from December 31, 2020, through December 31, 2024. This indicates that the company has either very little or no debt in relation to its equity during this period. A debt-to-equity ratio of 0.00 suggests that the company may rely more on equity financing rather than debt to fund its operations and growth. This can be seen as a positive indicator, as a lower debt-to-equity ratio typically signifies lower financial risk and greater financial stability for the company. However, a complete absence of debt may also potentially limit the company's ability to leverage opportunities for growth and expansion.
Peer comparison
Dec 31, 2024