El Paso Electric Co (El Paso Electric Co) Debt-to-Equity : 1.40 (As of Mar. 2020)

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What is El Paso Electric Co Debt-to-Equity?

El Paso Electric Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2020 was $285.8 Mil. El Paso Electric Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2020 was $1,341.1 Mil. El Paso Electric Co's Total Stockholders Equity for the quarter that ended in Mar. 2020 was $1,165.8 Mil. El Paso Electric Co's debt to equity for the quarter that ended in Mar. 2020 was 1.40.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for El Paso Electric Co's Debt-to-Equity or its related term are showing as below:

EE's Debt-to-Equity is not ranked ^*
in the Utilities - Regulated industry.
Industry Median: 0.84
* Ranked among companies with meaningful Debt-to-Equity only.

El Paso Electric Co Debt-to-Equity Historical Data

The historical data trend for El Paso Electric Co's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

El Paso Electric Co Debt-to-Equity Chart

El Paso Electric Co Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Debt-to-Equity

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1.24

1.27

1.20

1.23

El Paso Electric Co Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20
Debt-to-Equity	Get a 7-Day Free Trial															1.32	1.32	1.21	1.23	1.40

Competitive Comparison of El Paso Electric Co's Debt-to-Equity

For the Utilities - Regulated Electric subindustry, El Paso Electric Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

El Paso Electric Co's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, El Paso Electric Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where El Paso Electric Co's Debt-to-Equity falls into.

El Paso Electric Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

El Paso Electric Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(158.77	+	1340.981)	/	1216.547
	=	1.23

El Paso Electric Co's Debt to Equity Ratio for the quarter that ended in Mar. 2020 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(285.76	+	1341.131)	/	1165.811
	=	1.40

El Paso Electric Co (NYSE:EE) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

El Paso Electric Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of El Paso Electric Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

El Paso Electric Co (El Paso Electric Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » El Paso Electric Co (NYSE:EE) » Definitions » Debt-to-Equity

Comparable Companies

PNM POR HE KEN IDA SPKE GNE SUME OGE PCG NEE DUK SO AEP XEL WEC ES HKSE:00002 ED XMAD:ELE

Traded in Other Exchanges

N/A

Address

100 North Stanton, Stanton Tower, El Paso, TX, USA, 79901

Website

https://www.epelectric.com

El Paso Electric Co is a Texas-based public utility company engaged in the generation, transmission, and distribution of electricity in the Southwestern U.S. The company principally serves retail customers in the El Paso, Texas and Las Cruces, New Mexico markets through its portfolio of nuclear, natural gas, coal, solar, and wind power plants. The vast majority of the total power produced by El Paso Electric is derived from its nuclear and natural gas facilities. The company generates most of its revenue from the production and sale of energy. Distribution service fees also represent a significant income stream. El Paso Electric primarily serves residential and small industrial customers, but also participates in wholesale transactions with local military installations and universities.

Executives

James W Cicconi	director	208 S. AKARD ST., DALLAS TX 75202
Charles Yamarone	director	123 W MILLS, EL PASO TX 79901
Eric B Siegel	director	123 W MILLS, EL PASO TX 79901
Stephen Wertheimer	director	123 W MILLS, EL PASO TX 79901
Paul M Barbas	director	C/O DPL INC., 1065 WOODMAN DRIVE, DAYTON OH 45432
Catherine A Allen	director	5 SAN SEBASTIAN ROAD, SANTA FE NM 87505
William Stiller	officer: SVP & Chief HRO	1601 W. LBJ FREEWAY, DALLAS TX 75234
Woody L Hunt	director	4401 NORTH MESA, EL PASO TX 79902
Shockley Thomas V Iii	director	602 CIMARRON HILLS TRAIL WEST, GEORGETOWN TX 78628
Michael K Parks	director	123 W MILLS, EL PASO TX 79901
Steven P Busser	officer: VP-TREASURER	C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Kenneth Heitz	director	123 W MILLS, EL PASO TX 79901
Edwards George W Jr	director	123 W MILLS, EL PASO TX 79901
Redd Ershel C Jr	officer: President and CEO	C/O EL PASO ELECTRIC COMPANY, 100 N. STANTON, EL PASO TX 79901
Terry D Bassham	officer: Exec VP & Chief Fin & Admin	COMMERCE BANK, PO BOX 419248, KANSAS CITY MO 64141-6248