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

Company name
Symbol
Financial leverage ratio
GE Vernova LLC
GEV
5.39
Emerson Electric Company
EMR
2.05
GE Aerospace
GE
6.37
Otis Worldwide Corp
OTIS