H2O America (HTO)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,366,970 | 1,233,400 | 1,110,870 | 1,034,520 | 917,160 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,366,970K)
= 0.00
The analysis of H2O America's debt-to-capital ratio over the period from December 31, 2020, through December 31, 2024, indicates a consistent pattern with no variation observed across these fiscal years. Specifically, the debt-to-capital ratio remains at 0.00 for each reporting date, suggesting that the company has not employed debt financing within this timeframe. This zero ratio implies that H2O America's capital structure is entirely equity-funded, with no outstanding debt liabilities relative to its total capital base. Such a financial structure reflects a reliance solely on internal equity sources for funding, which may suggest a conservative approach to leverage or an absence of borrowing activities during these years. The consistency of this ratio across multiple years underscores a stable and debt-free capital position during the analyzed period.
Peer comparison
Dec 31, 2024