GE Vernova LLC (GEV)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 9,546,000 | 7,416,000 | 10,650,000 | — |
| Debt-to-capital ratio | 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 + $9,546,000K)
= 0.00
The debt-to-capital ratio of GE Vernova LLC has been consistently decreasing over the years, as indicated by the data provided. As of December 31, 2022, December 31, 2023, and December 31, 2024, the ratio stands at 0.00. This signifies that the company has no debt in its capital structure during these periods. A debt-to-capital ratio of 0 indicates that the company's capital is entirely financed by equity rather than debt. This may indicate a conservative financial approach or strong financial position, as the company is not relying on debt to fund its operations or growth. It also suggests lower financial risk and potentially better creditworthiness in the eyes of investors and creditors.
Peer comparison
Dec 31, 2024