Hess Corporation (HES)
Debt-to-equity ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 11,424,000 | 10,821,000 | 10,487,000 | 9,868,000 | 8,986,000 | 8,631,000 | 8,272,000 | 8,133,000 | 7,982,000 | 7,559,000 | 7,136,000 | 6,308,000 | 6,300,000 | 5,609,000 | 5,488,000 | 5,616,000 | 5,366,000 | 5,916,000 | 6,395,000 | 7,200,000 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 ÷ $11,424,000K
= 0.00
The debt-to-equity ratio for Hess Corporation has consistently been reported as 0.00 across all the quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not reported any long-term debt on its balance sheet during this period, or that the level of debt is negligible compared to the equity. A debt-to-equity ratio of 0.00 suggests that the company is primarily financed by equity rather than debt, which can be seen as a positive indicator of financial stability and strength. It indicates that the company may be more conservative in taking on debt obligations, potentially lowering financial risks associated with leverage. However, it is important to note that this ratio alone does not provide a complete picture of the company's overall financial health and should be analyzed in conjunction with other related ratios and financial metrics for a more comprehensive assessment.
Peer comparison
Dec 31, 2024