Cleco (CNL) Debt-to-Asset : 0.30 (As of Dec. 2015)

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What is Cleco Debt-to-Asset?

Cleco's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2015 was $19 Mil. Cleco's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2015 was $1,268 Mil. Cleco's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2015 was $4,323 Mil. Cleco's debt to asset for the quarter that ended in Dec. 2015 was 0.30.

Cleco Debt-to-Asset Historical Data

The historical data trend for Cleco's Debt-to-Asset 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.

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Cleco Debt-to-Asset Chart

Cleco Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Debt-to-Asset

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0.34

0.33

0.32

0.31

0.30

Cleco Quarterly Data
	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15
Debt-to-Asset	Get a 7-Day Free Trial															0.31	0.31	0.30	0.29	0.30

Competitive Comparison of Cleco's Debt-to-Asset

For the Utilities - Regulated Electric subindustry, Cleco's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Cleco's Debt-to-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Cleco's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Cleco's Debt-to-Asset falls into.

Cleco Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Cleco's Debt-to-Asset for the fiscal year that ended in Dec. 2015 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(19.421	+	1267.703)	/	4323.354
	=	0.30

Cleco's Debt-to-Asset for the quarter that ended in Dec. 2015 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(19.421	+	1267.703)	/	4323.354
	=	0.30

Cleco (NYSE:CNL) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Cleco Debt-to-Asset Related Terms

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Cleco (CNL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Cleco Corp (NYSE:CNL) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.cleco.com

Cleco Corp was incorporated on October 30, 1998, under the laws of the State of Louisiana. It is a public utility holding company that owns a vertically integrated electric utility, Cleco Power, which is engaged in the generation, transmission, distribution and sale of electricity primarily in Louisiana.

Executives

Scott Peter M Iii	director	P O BOX 1551, RALEIGH NC 27601
Shelley Jr Stewart	director	9 ROSZEL ROAD, PRINCETON NJ 08540
Vicky A Bailey	director	2099 PENNSYLVANIA AVNUE, NW, SUITE 1000, WASHINGTON DC 20006
William L Marks	director	PINEVILLE GENERAL OFFICE, 2030 DONAHUE FERRY RD PO BOX 5000, PINEVILLE LA 71361-5000
Logan W Kruger	director	C/O CENTURY ALUMINUM COMPANY, 2511 GARDEN ROAD, BUILDING A, SUITE 200, MONTEREY CA 93940
Bruce A Williamson	director, officer: President & CEO	C/O SOUTHCROSS ENERGY PARTNERS, L.P., 1717 MAIN STREET, SUITE 5200, DALLAS TX 75201
Thomas R Miller	officer: SVP - CFO & Treasurer	2030 DONAHUE FERRY ROAD, PINEVILLE LA 71360
Michael Madison	other: Former President & CEO	PO BOX 5000, PINEVILLE LA 71361-5000
Richard B Crowell	director	PINEVILLE GENERAL OFFICE, 2030 DONAHUE FERRY RD PO BOX 5000, PINEVILLE LA 71361-5000
Bear Stearns & Co Inc /ny/	10 percent owner	115 SOUTH JEFFERSON RD, WHIPPANY NJ 07981
Bear Stearns Companies Inc	10 percent owner	ONE METROTECH NORTH, 9TH FL., BROOKLYN NY 11201