GE Vernova LLC (GEV)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | — |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $9,546,000K
= 0.00
The Debt-to-Equity ratio of GE Vernova LLC over the years has shown a consistent trend of 0.00 from December 31, 2022, to December 31, 2024. This signifies that the company has not utilized any debt to finance its operations during these years and has relied solely on equity for its capital structure. A debt-to-equity ratio of 0.00 indicates a conservative financial stance, as there is no debt contributing to the company's capital, resulting in lower financial risk. It also suggests that the company may have strong financial health and stability as it does not have significant debt obligations to service. However, it is important to consider other financial metrics and qualitative factors to gain a comprehensive understanding of the company's financial position.
Peer comparison
Dec 31, 2024