Nextera Energy Inc (NEE)
Debt-to-capital 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 | 50,101,000 | 47,468,000 | 39,229,000 | 37,202,000 | 36,513,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $50,101,000K)
= 0.00
The debt-to-capital ratio for Nextera Energy Inc has been consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its operations and investments during this period. A debt-to-capital ratio of 0.00 suggests that Nextera Energy Inc relies entirely on equity financing rather than debt, which can be seen as a positive indicator of financial stability and lower financial risk. This low ratio may indicate the company's ability to operate with lower financial leverage, potentially enhancing its financial flexibility and resilience to economic downturns. However, it is essential to consider the reasons behind the lack of debt usage and assess the overall capital structure and long-term financial strategy of the company for a more comprehensive analysis.
Peer comparison
Dec 31, 2024