One Gas Inc (OGS)
Debt-to-equity 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 | 3,104,550 | 2,812,620 | 2,826,870 | 2,829,980 | 2,765,880 | 2,646,750 | 2,654,830 | 2,651,480 | 2,584,430 | 2,446,270 | 2,453,600 | 2,449,390 | 2,349,530 | 2,315,100 | 2,317,270 | 2,296,600 | 2,233,310 | 2,200,020 | 2,191,990 | 2,189,010 |
| Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $3,104,550K
= 0.00
The debt-to-equity ratio for One Gas Inc has consistently remained at 0.00 over the past five years, indicating that the company has not relied heavily on debt to finance its operations and growth. A debt-to-equity ratio of 0.00 suggests that the company's shareholders' equity is sufficient to cover any outstanding debt obligations, reflecting a strong financial position and lower financial risk. This stability in the debt-to-equity ratio may indicate that One Gas Inc has been effectively managing its capital structure and maintaining a prudent level of debt relative to equity.
Peer comparison
Dec 31, 2024