Connecticut Water Service (Connecticut Water Service) Interest Coverage : 3.20 (As of Jun. 2019)

Connecticut Water Service Interest Coverage Chart

Connecticut Water Service Annual Data
	Trend	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18
Interest Coverage		Get a 7-Day Free Trial					4.10	3.64	4.22	3.66	3.22

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
Interest Coverage	Get a 7-Day Free Trial															3.84	6.07	1.33	1.79	3.20

Competitive Comparison of Connecticut Water Service's Interest Coverage

For the Utilities - Regulated Water subindustry, Connecticut Water Service's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Connecticut Water Service's Interest Coverage falls into.

Connecticut Water Service Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Connecticut Water Service's Interest Coverage for the fiscal year that ended in Dec. 2018 is calculated as

Here, for the fiscal year that ended in Dec. 2018, Connecticut Water Service's Interest Expense was $-10.9 Mil. Its Operating Income was $35.2 Mil. And its Long-Term Debt & Capital Lease Obligation was $257.5 Mil.

Connecticut Water Service's Interest Coverage for the quarter that ended in Jun. 2019 is calculated as

Here, for the three months ended in Jun. 2019, Connecticut Water Service's Interest Expense was $-3.2 Mil. Its Operating Income was $10.4 Mil. And its Long-Term Debt & Capital Lease Obligation was $256.9 Mil.

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Connecticut Water Service  (NAS:CTWS) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

Connecticut Water Service Interest Coverage Related Terms

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Connecticut Water Service (Connecticut Water Service) Business Description