GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » The York Water Co (NAS:YORW) » Definitions » Liabilities-to-Assets

The York Water Co (The York Water Co) Liabilities-to-Assets : 0.62 (As of Dec. 2023)


View and export this data going back to 1999. Start your Free Trial

What is The York Water 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. The York Water Co's Total Liabilities for the quarter that ended in Dec. 2023 was $367.03 Mil. The York Water Co's Total Assets for the quarter that ended in Dec. 2023 was $588.21 Mil. Therefore, The York Water Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.62.


The York Water Co Liabilities-to-Assets Historical Data

The historical data trend for The York Water 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.

* Premium members only.

The York Water Co Liabilities-to-Assets Chart

The York Water Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.65 0.67 0.59 0.62

The York Water Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.61 0.61 0.62

Competitive Comparison of The York Water Co's Liabilities-to-Assets

For the Utilities - Regulated Water subindustry, The York Water 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.


The York Water Co's Liabilities-to-Assets Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, The York Water Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where The York Water Co's Liabilities-to-Assets falls into.



The York Water 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.

The York Water Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=367.027/588.205
=0.62

The York Water Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=367.027/588.205
=0.62

* 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 York Water Co  (NAS:YORW) 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.


The York Water Co Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of The York Water Co's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


The York Water Co (The York Water Co) Business Description

Traded in Other Exchanges
Address
130 East Market Street, York, PA, USA, 17401
The York Water Co is an investor-owned water utility company in the United States. The primary business of the company is to impound, purify to meet or exceed safe drinking water standards and distribute water. It also owns and operates three wastewater collection systems and two wastewater treatment systems. The company operates within its franchised territory, which covers more than 54 municipalities within York County, Pennsylvania.
Executives
Steven R Rasmussen director 130 EAST MARKET STREET, YORK PA 17401-1219
Alexandra C Chiaruttini officer: CAO & General Counsel 130 EAST MARKET STREET, YORK PA 17401
Vernon L Bracey officer: Vice President-Customer Svc 130 EAST MARKET STREET, YORK PA 17401-1219
Joseph Thomas Hand officer: Chief Operating Officer 130 EAST MARKET STREET, YORK PA 17401-1219
Mark S Snyder officer: Vice President-Engineering 130 EAST MARKET STREET, YORK PA 17401-1219
Natalee Colon officer: VP-Human Resources 130 EAST MARKET STREET, YORK PA 17401
Matthew E Poff officer: Chief Financial Officer 130 EAST MARKET STREET, YORK PA 17401-1219
Douglas S Brossman director 130 E MARKET STREET, YORK PA 17401
Matthew J Scarpato officer: VP- Operations 130 EAST MARKET STREET, YORK PA 17401
Laura T Wand director 130 EAST MARKET STREET, YORK PA 17401
Mark A Wheeler officer: Chief Administrative Officer 130 EAST MARKET STREET, YORK PA 17401
Kain George Hay Iii Esq director 130 EAST MARKET STREET, YORK PA 17401-1219
Paul R Bonney director 130 EAST MARKET STREET, YORK PA 17401
Cynthia Dotzel director 105 LEADER HEIGHTS ROAD, YORK PA 17403
Jody L Keller director 130 EAST MARKET STREET, YORK PA 17401-1219