Vistra Energy Corp (VST)
Debt-to-capital 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 | 5,570,000 | 5,441,000 | 5,593,000 | 5,656,000 | 5,307,000 | 5,506,000 | 5,359,000 | 5,201,000 | 4,902,000 | 5,582,000 | 5,392,000 | 7,300,000 | 8,291,000 | 6,036,000 | 6,076,000 | 6,100,000 | 8,371,000 | 8,444,000 | 8,056,000 | 7,936,000 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $5,570,000K)
= 0.00
The debt-to-capital ratio of Vistra Energy Corp has consistently been reported as 0.00% across all the quarters from March 31, 2020, to December 31, 2024. This indicates that the company has been utilizing a capital structure with no debt component, implying that its financing primarily relies on equity rather than debt. A debt-to-capital ratio of 0.00% signifies that the company's debt level is negligible in relation to its total capital, reflecting a low financial risk associated with debt obligations. While a zero debt-to-capital ratio can imply a conservative financial strategy, it may also suggest limited leverage and potentially missed opportunities for growth through debt financing. Overall, Vistra Energy Corp's consistent zero debt-to-capital ratio highlights its reliance on equity-based financing and a conservative approach to leverage.
Peer comparison
Dec 31, 2024