NRG Energy Inc. (NRG)

Debt-to-equity 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 2,478,000 2,906,000 3,828,000 3,600,000 1,680,000
Debt-to-equity ratio 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,478,000K
= 0.00

The debt-to-equity ratio for NRG Energy Inc. has consistently been at a value of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company does not rely heavily on debt financing and has a strong equity position. A debt-to-equity ratio of 0.00 signifies that the company's debt levels are equal to or lower than its equity, portraying a conservative approach to capital structure. It suggests that NRG Energy Inc. has a lower financial risk as compared to companies with higher debt levels. However, it is important to note that a very low or zero debt-to-equity ratio may also imply missed opportunities for growth or leveraging financial leverage for favorable returns. Further analysis of other financial metrics is recommended to gain a comprehensive understanding of NRG Energy Inc.'s financial health and performance.