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Cleco (CNL) Equity-to-Asset : 0.39 (As of Dec. 2015)


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What is Cleco Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cleco's Total Stockholders Equity for the quarter that ended in Dec. 2015 was $1,675 Mil. Cleco's Total Assets for the quarter that ended in Dec. 2015 was $4,323 Mil. Therefore, Cleco's Equity to Asset Ratio for the quarter that ended in Dec. 2015 was 0.39.

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

CNL's Equity-to-Asset is not ranked *
in the Utilities - Regulated industry.
Industry Median: 0.37
* Ranked among companies with meaningful Equity-to-Asset only.

Cleco Equity-to-Asset Historical Data

The historical data trend for Cleco'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.

Cleco Equity-to-Asset Chart

Cleco Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.36 0.38 0.37 0.39

Cleco Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 0.37 0.38 0.38 0.39 0.39

Competitive Comparison of Cleco's Equity-to-Asset

For the Utilities - Regulated Electric subindustry, Cleco'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.


Cleco's Equity-to-Asset Distribution in the Utilities - Regulated Industry

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

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



Cleco 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.

Cleco's Equity to Asset Ratio for the fiscal year that ended in Dec. 2015 is calculated as

Equity to Asset (A: Dec. 2015 )=Total Stockholders Equity/Total Assets
=1674.841/4323.354
=0.39

Cleco's Equity to Asset Ratio for the quarter that ended in Dec. 2015 is calculated as

Equity to Asset (Q: Dec. 2015 )=Total Stockholders Equity/Total Assets
=1674.841/4323.354
=0.39

* 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) 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%.


Cleco Equity-to-Asset Related Terms

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


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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