GE Vernova LLC (GEV)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — |
| Total assets | US$ in thousands | 51,485,000 | 46,121,000 | 44,471,000 | — |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | — |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $51,485,000K
= 0.00
The Debt-to-assets ratio for GE Vernova LLC for the years ending December 31, 2022 to December 31, 2024 remained stable at 0.00. This indicates that the company is not relying heavily on debt to finance its assets and may have a strong financial position with a lower risk of financial distress. A debt-to-assets ratio of 0.00 suggests that the company's assets are mostly funded by equity, which could imply a conservative approach to capital structure management. It is important to note that a low debt-to-assets ratio may signal limited financial leverage but could also mean missed opportunities for potential growth through leveraging. Overall, the company appears to have a conservative approach to debt financing based on the consistent 0.00 ratio over the period analyzed.
Peer comparison
Dec 31, 2024