GE Vernova LLC (GEV)
Debt-to-capital ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 9,546,000 | 9,504,000 | 9,067,000 | 8,974,000 | 8,968,000 |
| Debt-to-capital ratio | 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 + $9,546,000K)
= 0.00
The debt-to-capital ratio for GE Vernova LLC has consistently remained at 0.00 for the periods ending December 31, 2023, March 31, 2024, June 30, 2024, September 30, 2024, and December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company has no debt in its capital structure during the periods analyzed. This suggests that the company may be primarily financed through equity, without reliance on debt financing. While a zero debt-to-capital ratio is a positive indicator of financial stability and lower financial risk, it is essential to consider the overall capital structure and potential implications on the company's cost of capital and growth strategies.
Peer comparison
Dec 31, 2024