Portland General Electric Co (POR)

Debt-to-assets 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 assets US$ in thousands 12,544,000 11,881,000 11,582,000 11,588,000 11,208,000 10,603,000 10,370,000 10,151,000 10,459,000 9,849,000 9,783,000 9,723,000 9,494,000 9,542,000 9,099,000 9,069,000 9,069,000 8,869,000 8,805,000 8,470,000
Debt-to-assets 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-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $12,544,000K
= 0.00

The debt-to-assets ratio of Portland General Electric Co has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not taken on any debt in relation to its total assets during this period. A debt-to-assets ratio of 0.00 suggests that the company finances its operations primarily through equity rather than debt. This could be seen as a positive indicator of financial stability and the company's ability to manage its capital structure efficiently without relying heavily on external debt financing.