SJW Group (SJW Group) Debt-to-Equity

: 1.42 (As of Dec. 2023)

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SJW Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $220.5 Mil. SJW Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,526.7 Mil. SJW Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,233.4 Mil. SJW Group's debt to equity for the quarter that ended in Dec. 2023 was 1.42.

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 SJW Group's Debt-to-Equity or its related term are showing as below:

SJW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.6 Med: 1.26 Max: 1.68
Current: 1.42

During the past 13 years, the highest Debt-to-Equity Ratio of SJW Group was 1.68. The lowest was 0.60. And the median was 1.26.

SJW's Debt-to-Equity is ranked worse than
70.68% of 474 companies
in the Utilities - Regulated industry
Industry Median: 0.84 vs SJW: 1.42

SJW Group Debt-to-Equity Historical Data

The historical data trend for SJW Group'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.

SJW Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.60

1.68

1.54

1.49

1.42

SJW Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																1.49	1.42	1.39	1.40	1.42

Competitive Comparison

For the Utilities - Regulated Water subindustry, SJW Group'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.

SJW Group Debt-to-Equity Distribution

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

* The bar in red indicates where SJW Group's Debt-to-Equity falls into.

SJW Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SJW Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(220.475	+	1526.699)	/	1233.397
	=	1.42

SJW Group's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(220.475	+	1526.699)	/	1233.397
	=	1.42

SJW Group (NYSE:SJW) 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.

SJW Group Debt-to-Equity Related Terms

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SJW Group (SJW Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » SJW Group (NYSE:SJW) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

76W:Germany

Address

110 West Taylor Street, San Jose, CA, USA, 95110

Website

https://www.sjwgroup.com

SJW Group is a U.S. water utility services holding company that provides, stores, purifies and distributes water. The company primarily operates in various California municipalities and also has operations in other states. Its operating segments include Water Utility Services and Real Estate Services. The majority of the company's revenue is derived from its water utility services segment.

Executives

Denise L Kruger	director
Carl Guardino	director	110 W. TAYLOR STREET, SAN JOSE CA 95110
Craig J Patla	officer: President of CTWS	CONNECTICUT WATER COMPANY, 93 WEST MAIN STREET, CLINTON CT 06413
Mohammed G. Zerhouni	officer: SVP of Fin., Prin. Acct. Ofcr.	110 W. TAYLOR STREET, SAN JOSE CA 95110
Andrew Gere	officer: President and COO	1221 SOUTH BASCOM AVENUE, SAN JOSE CA 95128
James Patrick Lynch	officer: CFO/Treasurer	1675 LAURELWOOD DRIVE, SAN JOSE CA 95125
Bruce A Hauk	officer: Chf. Crp. Dev. & Str. Offcr.	110 W. TAYLOR STREET, SAN JOSE CA 95110
Rebecca A Klein	director	1411 E MISSION AVE, SPOKANE WA 99202
Katharine Armstrong	director	919 CONGRESS AVENUE #1400, AUSTIN TX 78701
Brown Willie D. Jr.	officer: VP, Gen Counsel, & Corp Sec	110 W. TAYLOR STREET, SAN JOSE CA 95110
Wendy Avila-walker	officer: VP of Finance, Controller	110 W. TAYLOR STREET, SAN JOSE CA 95110
Andrew F Walters	officer: Chief Administrative Officer	8 RIVER TERRACE, APT 8-T, NEW YORK NY 10282
Daniel B. More	director	56 W BROTHER DRIVE, GREENWICH CT 06830
Douglas R King	director	465 EL CENTRO ROAD, HILLSBOROUGH CA 94010
Mary Ann Hanley	director	93 WEST MAIN STREET, CLINTON CT 06413