Non-Current Liabilities
Secured Debt
Duke Energy Secured Debt decreased by 12.6% to $3.67B in Q4 2024 compared to the prior quarter. Over 2 years (FY 2022 to FY 2024), Secured Debt shows a downward trend with a -5.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2022
Last reportedQ4 2024Feb 27, 2025
How to read this metric
High levels of secured debt may limit the company's flexibility to pledge assets for future financing needs.
Detailed definition
This represents debt obligations backed by specific assets pledged as collateral. In the event of default, creditors hav...
Peer comparison
Utilities often use secured debt to fund specific large-scale projects; levels vary based on capital expenditure cycles.
Metric ID:
secured_debtHistorical Data
3 periods
| Q4 '22 | Q4 '23 | Q4 '24 | |
|---|---|---|---|
| Value | $4.12B | $4.2B | $3.67B |
| QoQ Change | — | +2.1% | -12.6% |
| YoY Change | — | +2.1% | -12.6% |
Range$3.67B – $4.2B
Avg YoY Growth-5.3%
Median YoY Growth-5.3%
Secured Debt at Other Companies
Frequently Asked Questions
- What is Duke Energy's secured debt?
- Duke Energy (DUK) reported secured debt of $3.67B in Q4 2024.
- What is the long-term trend for Duke Energy's secured debt?
- Over 2 years (2022 to 2024), Duke Energy's secured debt has grown at a -5.5% compound annual growth rate (CAGR), from $4.12B to $3.67B.
- What does secured debt mean?
- Debt that is backed by specific company assets.