Nextera Energy Inc (NEE)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 190,144,000 | 177,489,000 | 158,935,000 | 140,912,000 | 127,684,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $190,144,000K
= 0.00
The debt-to-assets ratio for Nextera Energy Inc has consistently been at 0.00 over the past five years, as per the data provided. This indicates that the company has not had any debt on its balance sheet in relation to its total assets during these periods. A debt-to-assets ratio of 0.00 typically suggests that the company may be financing its operations primarily through equity rather than debt, which can be seen as a positive indicator of financial stability and lower financial risk. However, it is important to consider that a low debt-to-assets ratio may also indicate missed opportunities for financial leverage and possible constraints on growth. Overall, Nextera Energy Inc's consistent 0.00 debt-to-assets ratio reflects a strong financial position with minimal reliance on debt financing.
Peer comparison
Dec 31, 2024