SJW Group Common Stock (SJW)
Debt-to-capital 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 | 1,366,970 | 1,333,800 | 1,274,610 | 1,240,250 | 1,233,400 | 1,220,250 | 1,182,720 | 1,152,480 | 1,110,870 | 1,049,350 | 1,029,840 | 1,028,420 | 1,034,520 | 1,000,710 | 989,679 | 978,296 | 917,160 | 913,061 | 895,131 | 883,541 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,366,970K)
= 0.00
The debt-to-capital ratio for SJW Group Common Stock has been consistently at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt significantly in its capital structure relative to its equity. A debt-to-capital ratio of 0.00 implies that the company's capital is mainly funded by equity, which may suggest a lower financial risk and potentially lower interest expenses. This stable and low debt-to-capital ratio could reflect a conservative financial strategy or strong cash flow generation capabilities, leading to financial stability and potentially positive investor sentiment.
Peer comparison
Dec 31, 2024