NRG Energy Inc. (NRG)
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 | 24,022,000 | 26,038,000 | 29,146,000 | 23,182,000 | 14,902,000 |
| 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 ÷ $24,022,000K
= 0.00
The debt-to-assets ratio for NRG Energy Inc. remained consistently at 0.00 over the five-year period from December 31, 2020, to December 31, 2024. This indicates that the company did not have any debt relative to its total assets during this period. A debt-to-assets ratio of 0.00 suggests that the company financed its operations primarily through equity rather than debt. This may signify a lower financial risk for the company, as it does not have significant debt obligations that could potentially strain its financial position. However, it is also important to consider that a very low or zero debt-to-assets ratio could indicate underutilization of debt financing, potentially missing out on opportunities to leverage debt for growth or tax advantages.
Peer comparison
Dec 31, 2024