Alliant Energy Corp (LNT)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 22,714,000 | 21,237,000 | 20,163,000 | 18,553,000 | 17,710,000 |
| Total stockholders’ equity | US$ in thousands | 200,000 | 6,777,000 | 6,276,000 | 5,990,000 | 5,688,000 |
| Financial leverage ratio | 113.57 | 3.13 | 3.21 | 3.10 | 3.11 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $22,714,000K ÷ $200,000K
= 113.57
The financial leverage ratio of Alliant Energy Corp has been relatively stable over the past few years, ranging from 3.10 to 3.21. This indicates that the company relies on a moderate level of debt to finance its operations and investments. However, there is a significant anomaly in the financial leverage ratio for December 31, 2024, which is reported at 113.57. This substantial increase in leverage may be a cause for concern as it suggests a sudden and drastic shift towards a highly leveraged capital structure. Further investigation is needed to understand the reasons behind this sharp increase and evaluate the potential risks associated with such a significant spike in leverage.
Peer comparison
Dec 31, 2024