Williams Companies Inc (WMB)
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 | 25,830,000 | 27,248,000 | 24,884,000 | 26,887,000 | 25,713,000 | 23,895,000 | 24,409,000 | 24,412,000 | 22,554,000 | 21,911,000 | 21,520,000 | 24,301,000 | 27,768,000 | 22,362,000 | 27,643,000 | 26,798,000 | 27,043,000 | 26,000,000 | 22,949,000 | 22,531,000 |
| Total stockholders’ equity | US$ in thousands | 12,436,000 | 12,428,000 | 12,296,000 | 12,449,000 | 12,402,000 | 11,845,000 | 11,679,000 | 11,785,000 | 11,485,000 | 11,319,000 | 11,226,000 | 11,316,000 | 11,423,000 | 11,198,000 | 11,512,000 | 11,702,000 | 11,769,000 | 12,065,000 | 12,212,000 | 12,354,000 |
| Debt-to-equity ratio | 2.08 | 2.19 | 2.02 | 2.16 | 2.07 | 2.02 | 2.09 | 2.07 | 1.96 | 1.94 | 1.92 | 2.15 | 2.43 | 2.00 | 2.40 | 2.29 | 2.30 | 2.15 | 1.88 | 1.82 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $25,830,000K ÷ $12,436,000K
= 2.08
The debt-to-equity ratio of Williams Companies Inc has shown fluctuations over the past few years, ranging from 1.82 to 2.43 as per the provided data. This ratio indicates the extent to which the company is financed by debt relative to equity. A higher debt-to-equity ratio suggests that the company is more heavily reliant on debt financing.
Analyzing the trend, we observe an increasing pattern from 2020 to 2021, reaching a peak at the end of 2021 at 2.43. However, in the subsequent periods from 2022 to 2024, the ratio fluctuates within a narrower range between 1.92 and 2.19. This indicates some variability in the company's capital structure during this period.
Overall, the debt-to-equity ratio of Williams Companies Inc has remained at elevated levels, suggesting a significant reliance on debt as a source of funding. It is important for investors and stakeholders to monitor the trend of this ratio over time to assess the company's financial leverage and risk exposure.
Peer comparison
Dec 31, 2024