Portland General Electric Co (POR)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 12,544,000 | 11,208,000 | 10,459,000 | 9,494,000 | 9,069,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $12,544,000K
= 0.00
The debt-to-assets ratio for Portland General Electric Co has been consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its assets during this period. While a low debt-to-assets ratio can be a positive sign of financial stability and lower risk, it is also important to consider the potential impact on the company's growth and flexibility in leveraging debt for potential opportunities.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-assets ratio
Portland General Electric Co
POR
0.00
American Electric Power Co Inc
AEP
0.38
Black Hills Corporation
BKH
0.42
CenterPoint Energy Inc
CNP
0.00
Clearway Energy Inc Class C
CWEN
0.47
Constellation Energy Corp
CEG
0.00
Dominion Energy Inc
D
0.00
DTE Energy Company
DTE
0.45
Edison International
EIX
0.00
Entergy Corporation
ETR
0.00
Eversource Energy
ES
0.00