NorthWestern Corporation (NWE)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | ||
|---|---|---|---|---|
| Long-term debt | US$ in thousands | 2,695,340 | 2,567,940 | 2,569,550 |
| Total assets | US$ in thousands | 7,997,520 | 7,854,070 | 7,713,820 |
| Debt-to-assets ratio | 0.34 | 0.33 | 0.33 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $2,695,340K ÷ $7,997,520K
= 0.34
The debt-to-assets ratio for NorthWestern Corporation has remained relatively stable over the periods specified. As of December 31, 2024, the ratio stands at 0.34, indicating that 34% of the company's assets are financed through debt. This suggests that NorthWestern Corporation relies moderately on debt to fund its operations and investments, with a significant portion of its assets being funded through equity. A consistent ratio over the specified periods may suggest a prudent and sustainable capital structure. It is important to continue monitoring this ratio in conjunction with other financial metrics to assess the company's overall financial health and risk profile.
Peer comparison
Dec 31, 2024