WEC Energy Group Inc (WEC)
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 | 12,395,000 | 11,754,600 | 11,407,300 | 10,943,600 | 10,500,100 |
| 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 ÷ $12,395,000K
= 0.00
The debt-to-equity ratio of WEC Energy Group Inc for the years ending December 31, from 2020 to 2024, remained constant at 0.00. This signifies that the company has not utilized any debt to finance its operations during these periods, and its capital structure has been primarily reliant on equity. A debt-to-equity ratio of zero indicates a conservative financial approach, where the company is not highly leveraged and has a lower level of financial risk. It also suggests a strong financial position with a greater focus on equity financing for its business activities.
Peer comparison
Dec 31, 2024