Portland General Electric Co (POR)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Financial leverage ratio | 3.31 | 3.27 | 3.32 | 3.35 | 3.38 | 3.22 | 3.24 | 3.26 | 3.76 | 3.57 | 3.57 | 3.59 | 3.51 | 3.57 | 3.42 | 3.39 | 3.47 | 3.42 | 3.33 | 3.21 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $12,544,000K ÷ $3,794,000K
= 3.31
The financial leverage ratio for Portland General Electric Co has been relatively stable over the past few years, ranging between 3.21 to 3.76. This ratio indicates the proportion of the company's total debt to its total equity, reflecting the extent to which the company relies on debt financing to support its operations and growth.
A financial leverage ratio of 3.21 to 3.76 suggests that the company has moderate to high financial leverage, meaning it has a significant amount of debt relative to its equity. A higher ratio typically indicates higher financial risk, as the company may have higher interest expenses and debt obligations to fulfill.
It is essential for investors and stakeholders to monitor changes in the financial leverage ratio over time, as significant increases may signal increasing financial risk and potential challenges in servicing debt. Conversely, a decreasing ratio may indicate improved financial stability and a lower dependency on debt financing.
In conclusion, while Portland General Electric Co's financial leverage ratio has remained within a relatively narrow range, ongoing monitoring and analysis of this ratio are crucial to understand the company's financial health and risk profile.
Peer comparison
Dec 31, 2024