GE Vernova LLC (GEV)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 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 has been consistently reported as 0.00 for the periods ending December 31, 2023, March 31, 2024, June 30, 2024, September 30, 2024, and December 31, 2024. This indicates that the company has no debt in relation to its equity during these periods. A debt-to-equity ratio of 0.00 suggests that the company is financing its operations primarily through equity rather than debt, which can imply a lower financial risk and greater financial stability. However, it is important to note that a very low debt-to-equity ratio may also indicate underutilization of debt financing that could potentially limit the company's growth opportunities.
Peer comparison
Dec 31, 2024