Valero Energy Corporation (VLO)

Debt-to-equity 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 24,512,000 25,253,000 25,443,000 26,057,000 26,346,000 25,975,000 25,851,000 24,977,000 23,561,000 23,715,000 20,969,000 18,821,000 18,430,000 17,476,000 17,651,000 17,801,000 18,801,000 19,223,000 19,847,000 18,842,000
Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $24,512,000K
= 0.00

The debt-to-equity ratio of Valero Energy Corporation has remained consistently at 0.00 for all quarters from March 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt or that its debt level is negligible compared to its equity. This low ratio suggests that Valero Energy Corporation has a conservative capital structure with a strong reliance on equity financing rather than debt. As a result, the company may have lower financial risk and be more stable in terms of financial leverage. It also indicates that Valero Energy Corporation may have sufficient resources through equity to fund its operations and growth initiatives without heavily relying on borrowed funds.


See also:

Valero Energy Corporation Debt to Equity (Quarterly Data)