Valero Energy Corporation (VLO)
Debt-to-equity 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 | 24,512,000 | 26,346,000 | 23,561,000 | 18,430,000 | 18,801,000 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $24,512,000K
= 0.00
Based on the data provided, Valero Energy Corporation has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has no financial leverage through debt in relation to its equity during this period. A debt-to-equity ratio of 0.00 suggests that Valero Energy Corporation is primarily funded by equity rather than debt, which may indicate a lower financial risk and greater financial stability. However, it is essential to consider other financial metrics and factors alongside this ratio to gain a comprehensive understanding of the company's overall financial health and risk profile.
Peer comparison
Dec 31, 2024