One Gas Inc (OGS)
Debt-to-capital 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 | 3,104,550 | 2,765,880 | 2,584,430 | 2,349,530 | 2,233,310 |
| Debt-to-capital ratio | 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 + $3,104,550K)
= 0.00
The debt-to-capital ratio for One Gas Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a significant source of capital in relation to its total capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company relies more on equity financing rather than debt financing to fund its operations and investments, resulting in a lower financial risk profile. It also signifies a strong financial position and ability to manage its capital structure effectively without incurring substantial debt obligations.
Peer comparison
Dec 31, 2024