Northwest Natural Gas Co (NWN)
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 | 1,385,370 | 1,219,890 | 1,346,720 | 1,343,390 | 1,283,840 | 1,219,540 | 1,240,280 | 1,248,310 | 1,175,440 | 1,120,860 | 1,138,780 | 987,944 | 935,146 | 891,461 | 922,826 | 936,324 | 888,733 | 852,775 | 884,001 | 901,741 |
| 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 + $1,385,370K)
= 0.00
Northwest Natural Gas Co has maintained a debt-to-capital ratio of 0.00 consistently across all reported periods from March 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company has not utilized any debt in its capital structure during these periods. This implies that the company has financed its operations primarily through equity rather than debt. A low or zero debt-to-capital ratio can signify financial stability and a lower risk of default for the company. It indicates that the company may have a conservative financial strategy with little reliance on borrowing to fund its operations or growth.
Peer comparison
Dec 31, 2024