WEC Energy Group Inc (WEC)
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 | 37,227,900 | 12,112,400 | 12,113,300 | 12,143,100 | 11,754,600 | 11,783,400 | 11,711,800 | 11,667,000 | 11,407,300 | 11,385,900 | 11,321,000 | 11,273,600 | 10,943,600 | 10,938,900 | 10,861,300 | 10,797,500 | 10,500,100 | 10,481,100 | 10,414,100 | 10,374,500 |
| 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 + $37,227,900K)
= 0.00
The debt-to-capital ratio of WEC Energy Group Inc has consistently been 0.00 for the periods from March 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company has no debt in its capital structure in relation to its total capital, implying that the company is entirely equity financed. This can be viewed as a positive sign, as a lower debt-to-capital ratio indicates lower financial risk and potentially a stronger financial position. Furthermore, a debt-to-capital ratio of 0.00 suggests that the company may have a conservative approach to financing its operations and projects, relying more on equity rather than debt to fund its activities.
Peer comparison
Dec 31, 2024