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The Connecticut Light & Power Co (The Connecticut Light & Power Co) Debt-to-Equity : 0.80 (As of Dec. 2019)


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What is The Connecticut Light & Power Co Debt-to-Equity?

The Connecticut Light & Power Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $63.80 Mil. The Connecticut Light & Power Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $3,518.14 Mil. The Connecticut Light & Power Co's Total Stockholders Equity for the quarter that ended in Dec. 2019 was $4,504.03 Mil. The Connecticut Light & Power Co's debt to equity for the quarter that ended in Dec. 2019 was 0.80.

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 The Connecticut Light & Power Co's Debt-to-Equity or its related term are showing as below:

CNLPM.PFD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0
Current: 1.07

CNLPM.PFD's Debt-to-Equity is not ranked
in the Utilities - Regulated industry.
Industry Median: 0.845 vs CNLPM.PFD: 1.07

The Connecticut Light & Power Co Debt-to-Equity Historical Data

The historical data trend for The Connecticut Light & Power 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.

The Connecticut Light & Power Co Debt-to-Equity Chart

The Connecticut Light & Power Co Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 0.82 0.85 0.75 0.80

The Connecticut Light & Power Co Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 0.78 0.86 0.86 0.80

Competitive Comparison of The Connecticut Light & Power Co's Debt-to-Equity

For the Utilities - Regulated Electric subindustry, The Connecticut Light & Power 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.


The Connecticut Light & Power Co's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, The Connecticut Light & Power Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where The Connecticut Light & Power Co's Debt-to-Equity falls into.



The Connecticut Light & Power Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

The Connecticut Light & Power Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2019 is calculated as

The Connecticut Light & Power Co's Debt to Equity Ratio for the quarter that ended in Dec. 2019 is calculated as

* 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.


The Connecticut Light & Power Co  (OTCPK:CNLPM.PFD) 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.


The Connecticut Light & Power Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of The Connecticut Light & Power Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


The Connecticut Light & Power Co (The Connecticut Light & Power Co) Business Description

Traded in Other Exchanges
N/A
Address
107 Selden Street, Berlin, CT, USA, 06037-1616
The Connecticut Light & Power Co is a regulated electric utility that serves residential, commercial and industrial customers in parts of Connecticut. Its business consists of purchase, delivery, and sale of electricity to customers.

The Connecticut Light & Power Co (The Connecticut Light & Power Co) Headlines

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