Quanta Services Inc (PWR)
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 | 7,317,730 | 6,272,240 | 5,383,460 | 5,112,300 | 4,344,180 |
| 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 + $7,317,730K)
= 0.00
The debt-to-capital ratio of Quanta Services Inc has been consistently reported as 0.00% from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt significantly to finance its operations relative to its total capital during this period. A debt-to-capital ratio of 0.00% suggests that the company may be relying more on equity financing or may have minimal debt obligations in its capital structure. This can be viewed positively as it signifies lower financial risk and potentially greater financial stability for the company, as it is not heavily reliant on debt to support its business activities.
Peer comparison
Dec 31, 2024