Alliant Energy Corp (LNT)

Debt-to-assets ratio

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Long-term debt	US$ in thousands	8,225,000	8,429,000	8,186,000	8,132,000	7,668,000	7,570,000	6,981,000	7,383,000	6,735,000	6,692,000	6,468,000	6,471,000	6,769,000	6,574,000	6,572,400	5,833,900	5,533,000	5,535,100	5,438,100	5,362,200
Total assets	US$ in thousands	21,237,000	20,904,000	20,383,000	20,240,000	20,163,000	20,205,000	19,391,000	18,839,000	18,553,000	18,329,000	17,939,000	17,594,000	17,710,000	17,540,000	17,269,700	16,879,000	16,701,000	16,533,400	16,121,600	15,713,400
Debt-to-assets ratio		0.39	0.40	0.40	0.40	0.38	0.37	0.36	0.39	0.36	0.37	0.36	0.37	0.38	0.37	0.38	0.35	0.33	0.33	0.34	0.34

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $8,225,000K ÷ $21,237,000K
= 0.39

The debt-to-assets ratio of Alliant Energy Corp. has been relatively stable over the past eight quarters, ranging between 0.42 and 0.45. This indicates that the company has a moderate level of debt compared to its total assets, with around 42% to 45% of its assets being financed by debt. A consistent ratio within this range suggests that Alliant Energy Corp. has been managing its debt levels effectively and has not significantly increased its reliance on debt financing. This could be viewed positively by investors and creditors, as it suggests a balanced capital structure and lower financial risk for the company. Further analysis of the trend over a longer period may provide additional insights into the company's debt management strategy and financial health.