Portland General Electric Co (POR)
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 | 3,794,000 | 3,319,000 | 2,779,000 | 2,707,000 | 2,613,000 |
| 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 + $3,794,000K)
= 0.00
The debt-to-capital ratio of Portland General Electric Co has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This suggests that the company has no debt in its capital structure during this period. A debt-to-capital ratio of 0.00 indicates that the company is financing its operations primarily through equity rather than debt. This may imply lower financial risk and a more conservative financing strategy. However, it is important to consider that a zero debt-to-capital ratio may also indicate missed opportunities for leveraging debt to potentially enhance returns for shareholders.
Peer comparison
Dec 31, 2024