Xcel Energy Inc (XEL)
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 | 19,522,000 | 19,352,000 | 17,954,000 | 17,841,000 | 17,616,000 | 17,309,000 | 16,914,000 | 16,818,000 | 16,675,000 | 16,384,000 | 15,971,000 | 15,732,000 | 15,612,000 | 15,171,000 | 14,792,000 | 14,700,000 | 14,575,000 | 13,777,000 | 13,385,000 | 13,302,000 |
| 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 + $19,522,000K)
= 0.00
The debt-to-capital ratio for Xcel Energy Inc has consistently remained at 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 not used debt to finance its operations or investments during these periods. It suggests that Xcel Energy relies primarily on equity financing, indicating a lower risk of financial distress due to excessive debt burden. However, a consistently low debt-to-capital ratio may also imply missed opportunities for leveraging debt to potentially enhance returns for shareholders. It is essential for investors and stakeholders to consider the context of the industry and company's strategic objectives when evaluating the significance of the debt-to-capital ratio in their investment decisions.
Peer comparison
Dec 31, 2024