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Delta Natural Gas Co (Delta Natural Gas Co) Liabilities-to-Assets : 0.60 (As of Jun. 2017)


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What is Delta Natural Gas Co Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Delta Natural Gas Co's Total Liabilities for the quarter that ended in Jun. 2017 was $113.46 Mil. Delta Natural Gas Co's Total Assets for the quarter that ended in Jun. 2017 was $189.96 Mil. Therefore, Delta Natural Gas Co's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2017 was 0.60.


Delta Natural Gas Co Liabilities-to-Assets Historical Data

The historical data trend for Delta Natural Gas Co's Liabilities-to-Assets 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.

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Delta Natural Gas Co Liabilities-to-Assets Chart

Delta Natural Gas Co Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.60 0.59 0.59 0.60

Delta Natural Gas Co Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Liabilities-to-Assets 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 0.59 0.60 0.59 0.58 0.60

Competitive Comparison of Delta Natural Gas Co's Liabilities-to-Assets

For the Utilities - Regulated Gas subindustry, Delta Natural Gas Co's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Delta Natural Gas Co's Liabilities-to-Assets Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Delta Natural Gas Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Delta Natural Gas Co's Liabilities-to-Assets falls into.



Delta Natural Gas Co Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Delta Natural Gas Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2017 is calculated as:

Liabilities-to-Assets (A: Jun. 2017 )=Total Liabilities/Total Assets
=113.462/189.957
=0.60

Delta Natural Gas Co's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2017 is calculated as

Liabilities-to-Assets (Q: Jun. 2017 )=Total Liabilities/Total Assets
=113.462/189.957
=0.60

* 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.


Delta Natural Gas Co  (NAS:DGAS) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Delta Natural Gas Co Liabilities-to-Assets Related Terms

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Delta Natural Gas Co (Delta Natural Gas Co) Business Description

Traded in Other Exchanges
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Address
Delta Natural Gas Co Inc was incorporated under the laws of the Commonwealth of Kentucky on October 7, 1949. The Company distributes or transports natural gas. Its distribution and transmission systems are located in central and southeastern Kentucky, and it owns and operates an underground natural gas storage field in southeastern Kentucky. The Company transport natural gas to industrial customers who purchase their natural gas in the open market. It also transports natural gas on behalf of local producers and customers not on its distribution system and extract liquids from natural gas in its storage field and on its pipeline systems that are sold at market prices. The Company operates through two segments, a regulated segment and a non-regulated segment. Through regulated segment, the company distributes natural gas to their retail customers in 23 predominantly rural counties. In addition, the regulated segment transports natural gas to large-volume customers on its system who purchase their natural gas in the open market. The regulated segment also transports natural gas on behalf of local producers and other customers not on its distribution system. The non-regulated segment includes three wholly-owned subsidiaries. Two of these subsidiaries, Delta Resources and Delgasco, purchase natural gas in the open market, including natural gas from Kentucky producers. The Company resells this natural gas to industrial customers on its distribution system and to others not on its system. The competes with alternate sources of energy for its regulated distribution customers. These alternate sources include electricity, geo-thermal, coal, oil, propane, wood and solar.

Delta Natural Gas Co (Delta Natural Gas Co) Headlines