Portland General Electric Co (POR)
Debt-to-equity 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-equity ratio | 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 ÷ $3,794,000K
= 0.00
The debt-to-equity ratio for Portland General Electric Co has remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This suggests that the company has been operating with zero debt relative to its equity during this period. A debt-to-equity ratio of 0.00 indicates that the company is financing its operations primarily through equity rather than debt. This low ratio could signify a lower financial risk, as the company is not relying heavily on debt to fund its activities. It may also imply strong investor confidence, as the company's equity is supporting its operations without the need for additional debt financing.
Peer comparison
Dec 31, 2024