H2O America (HTO)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 4,658,310 | 4,345,070 | 3,755,060 | 3,492,400 | 3,311,460 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $4,658,310K
= 0.00
The debt-to-assets ratio for H2O America remains consistently at 0.00 across all the specified periods from December 31, 2020, through December 31, 2024. This indicates that the company's total liabilities are effectively zero in relation to its total assets during these years. Such a stable and zero debt-to-assets ratio suggests that H2O America has not employed debt financing and operates primarily using equity or other non-debt sources of capital. The absence of debt implies a conservative financial structure, potentially reducing financial risk and interest obligations, though it may also limit leverage-based growth opportunities.
Peer comparison
Dec 31, 2024