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The Connecticut Light & Power Co (The Connecticut Light & Power Co) Equity-to-Asset : 0.37 (As of Dec. 2019)


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

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. 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 Total Assets for the quarter that ended in Dec. 2019 was $12,185.19 Mil. Therefore, The Connecticut Light & Power Co's Equity to Asset Ratio for the quarter that ended in Dec. 2019 was 0.37.

The historical rank and industry rank for The Connecticut Light & Power Co's Equity-to-Asset or its related term are showing as below:

CNLHN.PFD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18   Med: 0.27   Max: 0.55
Current: 0.3

During the past 13 years, the highest Equity to Asset Ratio of The Connecticut Light & Power Co was 0.55. The lowest was 0.18. And the median was 0.27.

CNLHN.PFD's Equity-to-Asset is not ranked
in the Utilities - Regulated industry.
Industry Median: 0.375 vs CNLHN.PFD: 0.30

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

The historical data trend for The Connecticut Light & Power Co's Equity-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.

* Premium members only.

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

The Connecticut Light & Power Co Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.35 0.35 0.38 0.37

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
Equity-to-Asset 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 0.38 0.36 0.35 0.36 0.37

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

For the Utilities - Regulated Electric subindustry, The Connecticut Light & Power Co's Equity-to-Asset, along with its competitors' market caps and Equity-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.


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

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

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



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

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Dec. 2019 )=Total Stockholders Equity/Total Assets
=4504.025/12185.191
=0.37

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

Equity to Asset (Q: Dec. 2019 )=Total Stockholders Equity/Total Assets
=4504.025/12185.191
=0.37

* 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:CNLHN.PFD) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


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

Thank you for viewing the detailed overview of The Connecticut Light & Power Co's Equity-to-Asset 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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