GE Vernova LLC (GEV)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|
| Total assets | US$ in thousands | 51,485,000 | 46,121,000 | 44,471,000 | — |
| Total stockholders’ equity | US$ in thousands | 9,546,000 | 7,416,000 | 10,650,000 | — |
| Financial leverage ratio | 5.39 | 6.22 | 4.18 | — |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $51,485,000K ÷ $9,546,000K
= 5.39
The financial leverage ratio of GE Vernova LLC has shown significant fluctuations over the past few years. It was not available for the year ending December 31, 2021, but increased to 4.18 by December 31, 2022. Subsequently, there was a notable increase to 6.22 by December 31, 2023, indicating a higher level of debt relative to equity. However, by December 31, 2024, the ratio decreased to 5.39, although it still remains elevated compared to previous years. This trend suggests that the company has been relying more on debt financing, which may pose risks related to financial stability and solvency. Further analysis of the company's debt management policies and strategies is recommended to assess the potential impact on its overall financial health.
Peer comparison
Dec 31, 2024