Valero Energy Corporation (VLO)
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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 60,143,000 | 60,382,000 | 63,615,000 | 62,574,000 | 64,483,000 | 63,175,000 | 60,667,000 | 60,177,000 | 60,982,000 | 59,329,000 | 64,345,000 | 60,402,000 | 57,888,000 | 54,691,000 | 55,456,000 | 53,614,000 | 51,774,000 | 51,732,000 | 49,099,000 | 47,747,000 |
| Debt-to-assets 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-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $60,143,000K
= 0.00
The debt-to-assets ratio for Valero Energy Corporation has consistently been reported as 0.00 from March 31, 2020, through December 31, 2024. This indicates that the company has had no debt relative to its total assets during this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are entirely financed by equity rather than debt. While a low or zero debt-to-assets ratio can imply financial stability and lower financial risk, it is important to consider the broader context of the company's financial health and capital structure when evaluating its overall performance and risk profile.
Peer comparison
Dec 31, 2024