Portland General Electric Co (POR)
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 | 3,794,000 | 3,630,000 | 3,484,000 | 3,459,000 | 3,319,000 | 3,295,000 | 3,200,000 | 3,112,000 | 2,779,000 | 2,760,000 | 2,738,000 | 2,709,000 | 2,707,000 | 2,675,000 | 2,661,000 | 2,675,000 | 2,613,000 | 2,595,000 | 2,646,000 | 2,638,000 |
| 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 ÷ $3,794,000K
= 0.00
The debt-to-equity ratio of Portland General Electric Co has consistently remained at 0.00 for the period from March 31, 2020, to December 31, 2024. This indicates that the company has been primarily financed by equity rather than debt during this period. A low or zero debt-to-equity ratio often suggests that the company is relying more on shareholders' equity to finance its operations, which can be seen as a positive sign of financial stability and lower financial risk. However, it is important to consider the industry norms and the company's specific circumstances when evaluating the significance of this ratio in the overall financial health of Portland General Electric Co.
Peer comparison
Dec 31, 2024