What is the debt of FirstEnergy this year?
FirstEnergy has a debt level of 24,773 USD this year.
FirstEnergy Debt 2024
FirstEnergy Debt
24,773 USD
Ticker
FE
ISIN
US3379321074
WKN
910509
In 2024, FirstEnergy's total debt was 24,773 USD, a 15.26% change from the 21,494 USD total debt recorded in the previous year.
FirstEnergy Aktienanalyse
What does FirstEnergy do?
FirstEnergy Corp is an energy supply company based in Akron, Ohio, USA. It was founded in 1997 and has since become one of the largest energy companies in the country. The company offers various energy services, including electricity, gas, and renewable energy. History: FirstEnergy Corp was founded in 1997 when Ohio Edison Company and Centerior Energy Corporation merged. Ohio Edison Company was founded in 1930 and initially supplied the cities of Akron and Cleveland with electricity. Centerior Energy Corporation was founded in 1986 and primarily supplied northern Ohio with electricity. Since this merger, the company has expanded through several acquisitions and mergers, including the acquisition of GPU Energy in Pennsylvania and New Jersey, as well as Allegheny Energy. Business model: FirstEnergy Corp's business model is primarily focused on providing reliable energy supply to its customers at a reasonable price. The company operates a variety of power generation facilities, from coal to nuclear power plants, as well as gas and oil pipelines. FirstEnergy Corp also owns a subsidiary called FirstEnergy Solutions, which offers alternative energy resources, including wind, solar, and hydro power. Segments: FirstEnergy Corp has three main business segments: Regulated Distribution Companies, Competitive Energy Generation, and Corporate Transactions and Services. The Regulated Distribution Companies supply electricity and gas to customers in Ohio, Pennsylvania, New Jersey, Maryland, and West Virginia. The Competitive Energy Generation segment operates power plants in Ohio, Pennsylvania, and West Virginia and sells the generated electricity on the open market. The Corporate Services segment handles the infrastructure of FirstEnergy Corp and the execution of transactions such as acquisitions, mergers, and IPOs. Products: FirstEnergy Corp offers its customers various products and services to meet their energy needs. These products include electricity and gas for residential and commercial customers, as well as renewable energy such as wind and solar power. Additionally, the company operates public lighting in many communities, provides energy efficiency programs, and supports the energy needs of industrial and large customers. Summary: FirstEnergy Corp is an energy supply company that provides its customers with reliable and cost-effective energy supply. The company operates various power generation facilities and gas and oil pipelines. It has three main business segments: regulated distribution companies, competitive energy generation, and corporate transactions and services. FirstEnergy Corp offers its customers various products such as electricity, gas, renewable energy, and energy efficiency programs. FirstEnergy ist eines der beliebtesten Unternehmen auf Eulerpool.com.Debt Details
Understanding FirstEnergy's Debt Structure
FirstEnergy's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing FirstEnergy's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to FirstEnergy’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in FirstEnergy’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about FirstEnergy stock
What was the debt of FirstEnergy compared to the previous year?
The debt of FirstEnergy has increased by 15.26% compared to the previous year increased.
What are the consequences of high debt for investors in FirstEnergy?
High debt can pose a risk for investors of FirstEnergy, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of FirstEnergy?
Low debt means that FirstEnergy has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from FirstEnergy affect the company?
An increase in debt of FirstEnergy can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of FirstEnergy affect the company?
A reduction in debt of FirstEnergy can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of FirstEnergy?
Some factors that can influence the debt of FirstEnergy include investments, acquisitions, operating costs, and revenue development.
Why are the debts of FirstEnergy so important for investors?
The debts of FirstEnergy are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can FirstEnergy take to change the debt?
To change the debt, FirstEnergy can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
How much dividend does FirstEnergy pay?
Over the past 12 months, FirstEnergy paid a dividend of 1.58 USD . This corresponds to a dividend yield of about 3.55 %. For the coming 12 months, FirstEnergy is expected to pay a dividend of 1.54 USD.
What is the dividend yield of FirstEnergy?
The current dividend yield of FirstEnergy is 3.55 %.
When does FirstEnergy pay dividends?
FirstEnergy pays a quarterly dividend. This is distributed in the months of December, March, June, September.
How secure is the dividend of FirstEnergy?
FirstEnergy paid dividends every year for the past 25 years.
What is the dividend of FirstEnergy?
For the upcoming 12 months, dividends amounting to 1.54 USD are expected. This corresponds to a dividend yield of 3.47 %.
In which sector is FirstEnergy located?
FirstEnergy is assigned to the 'Utilities' sector.
Wann musste ich die Aktien von FirstEnergy kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of FirstEnergy from 9/1/2024 amounting to 0.425 USD, you needed to have the stock in your portfolio before the ex-date on 8/7/2024.
When did FirstEnergy pay the last dividend?
The last dividend was paid out on 9/1/2024.
What was the dividend of FirstEnergy in the year 2023?
In the year 2023, FirstEnergy distributed 1.56 USD as dividends.
In which currency does FirstEnergy pay out the dividend?
The dividends of FirstEnergy are distributed in USD.
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Andere Kennzahlen von FirstEnergy
Our stock analysis for FirstEnergy Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of FirstEnergy Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
