Essential Utilities Inc (WTRG)
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 | 6,198,810 | 6,180,930 | 6,163,230 | 6,081,130 | 5,896,180 | 5,922,560 | 5,614,700 | 5,515,940 | 5,377,390 | 5,343,100 | 5,342,030 | 5,255,100 | 5,184,450 | 5,127,860 | 4,836,820 | 4,810,340 | 4,683,880 | 4,635,750 | 4,635,530 | 4,613,160 |
| 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 + $6,198,810K)
= 0.00
The debt-to-capital ratio of Essential Utilities Inc has consistently remained at 0.00 over the past several quarters, indicating that the company has not been utilizing debt as a significant portion of its capital structure. This suggests that Essential Utilities Inc relies more on equity financing rather than debt financing to fund its operations and investments. A debt-to-capital ratio of 0.00 reflects a conservative financial strategy with low financial risk and a strong balance sheet. Investors and creditors may view this as a positive signal of the company's financial stability and sound management of its capital structure. Overall, the consistent low debt-to-capital ratio demonstrates the company's prudent approach to managing its financial obligations and suggests a healthy financial position.
Peer comparison
Dec 31, 2024