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Connecticut Water Service (Connecticut Water Service) Equity-to-Asset : 0.30 (As of Jun. 2019)


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What is Connecticut Water Service Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Connecticut Water Service's Total Stockholders Equity for the quarter that ended in Jun. 2019 was $295.6 Mil. Connecticut Water Service's Total Assets for the quarter that ended in Jun. 2019 was $981.4 Mil. Therefore, Connecticut Water Service's Equity to Asset Ratio for the quarter that ended in Jun. 2019 was 0.30.

The historical rank and industry rank for Connecticut Water Service's Equity-to-Asset or its related term are showing as below:

CTWS's Equity-to-Asset is not ranked *
in the Utilities - Regulated industry.
Industry Median: 0.38
* Ranked among companies with meaningful Equity-to-Asset only.

Connecticut Water Service Equity-to-Asset Historical Data

The historical data trend for Connecticut Water Service'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.

Connecticut Water Service Equity-to-Asset Chart

Connecticut Water Service Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.32 0.30 0.33 0.31

Connecticut Water Service Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 0.31 0.32 0.31 0.30 0.30

Competitive Comparison of Connecticut Water Service's Equity-to-Asset

For the Utilities - Regulated Water subindustry, Connecticut Water Service'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.


Connecticut Water Service's Equity-to-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Connecticut Water Service's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Connecticut Water Service's Equity-to-Asset falls into.



Connecticut Water Service 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.

Connecticut Water Service's Equity to Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Equity to Asset (A: Dec. 2018 )=Total Stockholders Equity/Total Assets
=294.136/951.869
=0.31

Connecticut Water Service's Equity to Asset Ratio for the quarter that ended in Jun. 2019 is calculated as

Equity to Asset (Q: Jun. 2019 )=Total Stockholders Equity/Total Assets
=295.575/981.427
=0.30

* 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.


Connecticut Water Service  (NAS:CTWS) 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%.


Connecticut Water Service Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Connecticut Water Service's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Connecticut Water Service (Connecticut Water Service) Business Description

Traded in Other Exchanges
N/A
Address
93 West Main Street, Clinton, CT, USA, 06413
Connecticut Water Service Inc is a water utility that operates in the northeastern region of the United States, specifically Connecticut and Maine. The company has various subsidiaries and divisions, including water operations, which supplies public drinking water; real estate transactions, which sells real estate holdings; and service rentals, which sells contracted water and wastewater services. The major customers of the firm are residential, commercial, fire protection, public authority, and industrial entities. The majority of the company's revenue is derived from its water operations segment and residential customers.
Executives
Ellen C Wolf director C/O AMERICAN WATER WORKS CO INC, 1025 LAUREL OAK RD P O BOX 1770, VOORHEES NJ 08043
Maureen P Westbrook officer: VP, Customer & Reg Affairs 93 WEST MAIN ST, CLINTON CT 06413
A Kristen Johnson officer: V.P. Human Resources C/O CONNECTICUT WATER SERVICE, INC., 93 WEST MAIN STREET, CLINTON CT 06413
Mary Ann Hanley director 93 WEST MAIN STREET, CLINTON CT 06413
Carol P Wallace director 93 WEST MAIN STREET, CLINTON CT 06413
Hunt Heather director 93 WEST MAIN STREET, CLINTON CT 06413
David C Benoit officer: President & CEO 93 WEST MAIN ST, CLINTON CT 06413
Eric W Thornburg director, officer: President/CEO/Chairman 13165 TEN OAK COURT, SARATOGA CA 95070
Judith Kelly officer: Div. Pres. Maine Water C/O NORTHEAST BANK, 500 CANAL STREET, LEWISTON ME 04240