NorthWestern Corporation (NWE)

Debt-to-capital ratio

Dec 31, 2024 Dec 31, 2023
Long-term debt US$ in thousands 2,695,340 2,684,640
Total stockholders’ equity US$ in thousands 2,857,700 2,785,310
Debt-to-capital ratio 0.49 0.49

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $2,695,340K ÷ ($2,695,340K + $2,857,700K)
= 0.49