Sempra Energy (SRE)

Debt-to-assets 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 31,224,000 29,704,000 29,125,000 27,716,000 27,657,000 27,419,000 25,386,000 24,513,000 23,790,000 23,924,000 23,678,000 20,099,000
Total assets US$ in thousands 96,155,000 93,748,000 90,473,000 89,604,000 87,181,000 85,735,000 82,727,000 80,549,000 78,574,000 75,563,000 75,582,000 74,922,000 72,045,000 70,472,000 68,608,000 67,821,000 66,623,000 67,222,000 68,385,000 68,293,000
Debt-to-assets ratio 0.00 0.33 0.33 0.33 0.32 0.32 0.33 0.32 0.31 0.31 0.32 0.32 0.28 0.00 0.00 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $96,155,000K
= 0.00

The debt-to-assets ratio of Sempra Energy has shown stability at relatively low levels from March 2020 to December 2022, ranging from 0.00 to 0.32. However, starting from December 2022, there is a slight uptrend in the ratio, reaching 0.33 by June 2024. This indicates that the company's level of debt compared to its total assets has increased slightly over this period. The ratio exceeding 0.30 suggests that around one-third of the company's assets are financed by debt. It would be important for stakeholders to monitor this trend to ensure that Sempra Energy's debt levels remain within manageable limits and do not pose financial risks.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-assets ratio
Sempra Energy
SRE
0.00
UGI Corporation
UGI
0.43