GE Vernova LLC (GEV)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 51,485,000 | 50,853,000 | 48,052,000 | 47,872,000 | 47,194,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 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 of GE Vernova LLC has consistently been at 0.00 for the periods ending December 31, 2023 through December 31, 2024. This indicates that the company's total debt is nonexistent or very minimal in relation to its total assets. A debt-to-assets ratio of 0.00 typically suggests that the company is primarily funded by equity rather than debt, which may imply a low financial risk and a strong financial position. However, it's important to note that having no debt may also mean missed opportunities for leveraging financial structures to potentially enhance returns. Further analysis of the company's capital structure and financing decisions would provide additional insights into its overall financial health and strategy.
Peer comparison
Dec 31, 2024