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