NRG Energy Inc. (NRG)
Debt-to-capital 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,478,000 | 2,520,000 | 3,623,000 | 3,297,000 | 2,906,000 | 3,518,000 | 3,332,000 | 3,080,000 | 3,828,000 | 5,130,000 | 5,300,000 | 5,030,000 | 3,600,000 | 4,078,000 | 2,544,000 | 1,517,000 | 1,680,000 | 1,934,000 | 1,750,000 | 1,536,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 + $2,478,000K)
= 0.00
The debt-to-capital ratio of NRG Energy Inc. has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not used debt to finance its operations and investments relative to its capital structure. A debt-to-capital ratio of 0.00 implies that the company has either zero debt or that its debt level is negligible compared to its total capital, which typically includes both debt and equity.
Having a debt-to-capital ratio of 0.00 can suggest that NRG Energy Inc. may have a conservative financial strategy, prioritizing equity financing or relying on internal resources to fund its activities. While a low debt-to-capital ratio can indicate a lower financial risk and less exposure to debt-related challenges, it can also imply potentially missed opportunities for leveraging debt to optimize capital structure and financial performance.
Overall, a stable debt-to-capital ratio of 0.00 may reflect NRG Energy Inc.'s ability to maintain a balanced and sustainable capital structure, but it's important to consider the company's overall financial strategy and objectives in conjunction with this ratio for a comprehensive assessment of its financial health.
Peer comparison
Dec 31, 2024