WGL Holdings (WGL Holdings) Debt-to-Equity : 1.37 (As of Mar. 2018)

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What is WGL Holdings Debt-to-Equity?

WGL Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2018 was $525 Mil. WGL Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2018 was $1,879 Mil. WGL Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2018 was $1,750 Mil. WGL Holdings's debt to equity for the quarter that ended in Mar. 2018 was 1.37.

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 WGL Holdings's Debt-to-Equity or its related term are showing as below:

WGL's Debt-to-Equity is not ranked ^*
in the Utilities - Regulated industry.
Industry Median: 0.84
* Ranked among companies with meaningful Debt-to-Equity only.

WGL Holdings Debt-to-Equity Historical Data

The historical data trend for WGL Holdings'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.

WGL Holdings Debt-to-Equity Chart

WGL Holdings Annual Data

Trend

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Debt-to-Equity

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0.74

0.90

1.02

1.26

1.46

WGL Holdings Quarterly Data
	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18
Debt-to-Equity	Get a 7-Day Free Trial															1.29	1.31	1.46	1.55	1.37

Competitive Comparison of WGL Holdings's Debt-to-Equity

For the Utilities - Regulated Gas subindustry, WGL Holdings'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.

WGL Holdings's Debt-to-Equity Distribution in the Utilities - Regulated Industry

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

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

WGL Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

WGL Holdings's Debt to Equity Ratio for the fiscal year that ended in Sep. 2017 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
	=	(809.844	+	1430.861)	/	1530.863
	=	1.46

WGL Holdings's Debt to Equity Ratio for the quarter that ended in Mar. 2018 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
	=	(524.833	+	1879.304)	/	1749.945
	=	1.37

WGL Holdings (NYSE:WGL) 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.

WGL Holdings Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of WGL Holdings's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

WGL Holdings (WGL Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » WGL Holdings Inc (NYSE:WGL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.wglholdings.com

WGL Holdings' primary operating segment, Washington Gas Light, is a regulated gas distribution utility. This segment serves about 1.1 million customers in Maryland, Virginia, and the Washington, D.C., metro area. The nonregulated energy marketing segment buys and resells natural gas and electricity in competitive markets, in addition to designing, building, and operating energy systems including solar installations. WGL is signed on to some sizable midstream pipeline projects and angles to expand this business around its utility footprint.

Executives

Karen Hardwick	officer: Senior Vice President and GC	1000 MAINE AVENUE, SW, WASHINGTON DC 20024
Dorothy Ramsey	officer: Vice President	1000 MAINE AVENUE, SW, WASHINGTON DC 20024
Linda R Gooden	director	LOCKHEED MARTIN CORPORATION, 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Leslie T Thornton	officer: Senior VP, GC and Corp. Sec.	3921 COURTLAND CIRCLE, ALEXANDRIA VA 22305
David M Harris	director	101 CONSTITUTION AVENUE, NW, WASHINGTON DC 20080
Debra L Lee	director	C/O BLACK ENTERTAINMENT, 1 BET PLZ. 1900W PLACE N.W., WASHINGTON DC 20018
Terry D Mccallister	director, officer: Chairman and CEO	1100 H ST NW, WASHINGTON DC 20080
James F Lafond	director	4401 GULF SHORE BLVD NORTH, UNIT 103, NAPLES FL 34103
Clancy George Patrick Jr	director	1100 H ST NW, WASHINGTON DC 20080
Stephen C Beasley	director	THE WILLIAMS COMPANIES, ONCE WILLIAMS CENTER, SUITE 4700, TULSA OK 77002
Diane J Hoskins	director	101 CONSTITUTION AVENUE, NW, WASHINGTON DC 20080
Karen Hastie Williams	director	GANNETT CO INC, 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Degraffenreidt James H Jr	other: Former Chairman and CEO	1100 H ST NW, WASHINGTON DC 20080
Philip A Odeen	director	N/A, N/A OH 45202