H2O America (HTO)
Debt-to-equity 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-equity ratio | 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 ÷ $1,366,970K
= 0.00
The analysis of H2O America's debt-to-equity ratio over the period from December 31, 2020, through December 31, 2024, indicates a consistent value of 0.00 across all reported years. This uniformity suggests that the company has maintained a debt-to-equity ratio of zero throughout this timeframe. Such a scenario implies that H2O America has not carried any net debt and has funded its operations exclusively through equity or other non-debt financing sources. The absence of leverage may reflect a conservative capital structure, potentially reducing financial risk associated with indebtedness. It also indicates that the company has not relied on borrowed capital to finance its assets or expansion activities during this period.
Peer comparison
Dec 31, 2024