Alliant Energy Corp (LNT)

Financial leverage ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Total assets US$ in thousands 22,714,000 22,829,000 21,836,000 21,248,000 21,988,000 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
Total stockholders’ equity US$ in thousands 7,004,000 6,968,000 6,791,000 6,817,000 6,777,000 6,726,000 6,452,000 6,328,000 6,276,000 6,265,000 6,137,000 6,077,000 5,990,000 5,985,000 5,819,000 5,766,000 5,688,000 5,709,000 5,548,300 5,502,400
Financial leverage ratio 3.24 3.28 3.22 3.12 3.24 3.11 3.16 3.20 3.21 3.23 3.16 3.10 3.10 3.06 3.08 3.05 3.11 3.07 3.11 3.07

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $22,714,000K ÷ $7,004,000K
= 3.24

The financial leverage ratio of Alliant Energy Corp has shown some fluctuations over the analyzed period. It ranged between 3.05 to 3.28, indicating that the company's capital structure primarily relies on debt to finance its operations and growth. The ratio peaked at 3.28 on September 30, 2024, suggesting a relatively higher level of debt compared to equity in the company's financial structure at that time. On the other hand, the lowest ratio of 3.05 was recorded on March 31, 2021, indicating a lower reliance on debt financing during that period. Overall, the trend indicates a moderate to high level of financial leverage maintained by Alliant Energy Corp throughout the period under review.