Vistra Energy Corp (VST)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 37,770,000 | 37,878,000 | 39,125,000 | 38,178,000 | 32,966,000 | 31,945,000 | 30,472,000 | 31,117,000 | 32,787,000 | 35,175,000 | 37,468,000 | 32,833,000 | 29,683,000 | 29,932,000 | 27,015,000 | 25,886,000 | 25,208,000 | 25,499,000 | 26,307,000 | 26,669,000 |
| 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 |
| Financial leverage ratio | 6.78 | 6.96 | 7.00 | 6.75 | 6.21 | 5.80 | 5.69 | 5.98 | 6.69 | 6.30 | 6.95 | 4.50 | 3.58 | 4.96 | 4.45 | 4.24 | 3.01 | 3.02 | 3.27 | 3.36 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $37,770,000K ÷ $5,570,000K
= 6.78
The financial leverage ratio of Vistra Energy Corp has demonstrated fluctuations over the periods provided. The ratio shows a decreasing trend from March 31, 2020, to December 31, 2021, indicating that the company's reliance on debt to finance its operations has decreased during this period. However, from March 31, 2022, to December 31, 2024, the financial leverage ratio increased significantly, reaching its peak at 7.00 on June 30, 2024. This suggests that the company has taken on more debt relative to its equity during these latter periods. Overall, the trend in the financial leverage ratio indicates varying levels of leverage employed by Vistra Energy Corp, which can impact the company's financial stability and risk profile.
Peer comparison
Dec 31, 2024