NorthWestern Corporation (NWE)
Financial leverage ratio
| Dec 31, 2023 | Sep 30, 2023 | ||
|---|---|---|---|
| Total assets | US$ in thousands | 7,600,650 | 7,429,500 |
| Total stockholders’ equity | US$ in thousands | 2,785,310 | 2,740,410 |
| Financial leverage ratio | 2.73 | 2.71 |
December 31, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $7,600,650K ÷ $2,785,310K
= 2.73
Peer comparison
Dec 31, 2023
Company name
Symbol
Financial leverage ratio
NorthWestern Corporation
NWE
2.73
Allete Inc
ALE
2.37
Alliant Energy Corp
LNT
3.13
Ameren Corp
AEE
3.60
Avista Corporation
AVA
3.10
CMS Energy Corporation
CMS
4.44
Consolidated Edison Inc
ED
3.14
Duke Energy Corporation
DUK
3.60
Evergy Inc. Common Stock
EVRG
3.21
Exelon Corporation
EXC
3.94
NiSource Inc
NI
3.76