What is El Paso Electric Co Financial Strength?
El Paso Electric Co has the Financial Strength Rank of 0.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
El Paso Electric Co's Interest Coverage for the quarter that ended in Mar. 2020 was 0.08.
El Paso Electric Co's debt to revenue ratio for the quarter that ended in Mar. 2020 was 2.57.
As of today, El Paso Electric Co's Altman Z-Score is 0.00.
Competitive Comparison of El Paso Electric Co's Financial Strength
For the Utilities - Regulated Electric subindustry, El Paso Electric Co's Financial Strength, along with its competitors' market caps and Financial Strength 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 Financial Strength Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, El Paso Electric Co's Financial Strength distribution charts can be found below:
* The bar in red indicates where El Paso Electric Co's Financial Strength falls into.
El Paso Electric Co Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
El Paso Electric Co's Interest Expense for the
months ended in Mar. 2020 was $-21.0 Mil. Its Operating Income for the
months ended in Mar. 2020 was $1.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2020 was $1,341.1 Mil.
El Paso Electric Co's Interest Coverage for the quarter that ended in Mar. 2020 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
El Paso Electric Co's Debt to Revenue Ratio for the quarter that ended in Mar. 2020 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
El Paso Electric Co has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
* 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.
El Paso Electric Co (El Paso Electric Co) Business Description
Traded in Other Exchanges
N/A
Address
100 North Stanton, Stanton Tower, El Paso, TX, USA, 79901
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 |
El Paso Electric Co (El Paso Electric Co) Headlines
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