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Cleco (CNL) Liabilities-to-Assets : 0.61 (As of Dec. 2015)


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What is Cleco Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Cleco's Total Liabilities for the quarter that ended in Dec. 2015 was $2,649 Mil. Cleco's Total Assets for the quarter that ended in Dec. 2015 was $4,323 Mil. Therefore, Cleco's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2015 was 0.61.


Cleco Liabilities-to-Assets Historical Data

The historical data trend for Cleco's Liabilities-to-Assets 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.

Cleco Liabilities-to-Assets Chart

Cleco Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.64 0.62 0.63 0.61

Cleco Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
Liabilities-to-Assets 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 0.63 0.62 0.62 0.61 0.61

Competitive Comparison of Cleco's Liabilities-to-Assets

For the Utilities - Regulated Electric subindustry, Cleco's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Cleco's Liabilities-to-Assets falls into.



Cleco Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Cleco's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2015 is calculated as:

Liabilities-to-Assets (A: Dec. 2015 )=Total Liabilities/Total Assets
=2648.513/4323.354
=0.61

Cleco's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2015 is calculated as

Liabilities-to-Assets (Q: Dec. 2015 )=Total Liabilities/Total Assets
=2648.513/4323.354
=0.61

* 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.


Cleco  (NYSE:CNL) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Cleco Liabilities-to-Assets Related Terms

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Cleco (CNL) Business Description

Traded in Other Exchanges
N/A
Address
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

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