American Electric Power Co (American Electric Power Co) Debt-to-Equity : 1.73 (As of Dec. 2023)

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What is American Electric Power Co Debt-to-Equity?

American Electric Power Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5,436 Mil. American Electric Power Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $38,172 Mil. American Electric Power Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $25,247 Mil. American Electric Power Co's debt to equity for the quarter that ended in Dec. 2023 was 1.73.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for American Electric Power Co's Debt-to-Equity or its related term are showing as below:

AEP' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.14 Med: 1.44 Max: 1.74
Current: 1.73

During the past 13 years, the highest Debt-to-Equity Ratio of American Electric Power Co was 1.74. The lowest was 1.14. And the median was 1.44.

AEP's Debt-to-Equity is ranked worse than
80.25% of 476 companies
in the Utilities - Regulated industry
Industry Median: 0.84 vs AEP: 1.73

American Electric Power Co Debt-to-Equity Historical Data

The historical data trend for American Electric Power Co's Debt-to-Equity 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.

American Electric Power Co Debt-to-Equity Chart

American Electric Power Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.56

1.68

1.63

1.74

1.73

American Electric Power Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.74	1.83	1.87	1.69	1.73

Competitive Comparison of American Electric Power Co's Debt-to-Equity

For the Utilities - Regulated Electric subindustry, American Electric Power Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

American Electric Power Co's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, American Electric Power Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where American Electric Power Co's Debt-to-Equity falls into.

American Electric Power Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

American Electric Power Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(5436.4	+	38172.1)	/	25246.7
	=	1.73

American Electric Power Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(5436.4	+	38172.1)	/	25246.7
	=	1.73

American Electric Power Co (NAS:AEP) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

American Electric Power Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of American Electric Power Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

American Electric Power Co (American Electric Power Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » American Electric Power Co Inc (NAS:AEP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AEP:Germany AEP:Germany AEP:Germany AEPC:Austria

Address

1 Riverside Plaza, Columbus, OH, USA, 43215-2373

Website

https://www.aep.com

American Electric Power is one of the largest regulated utilities in the United States, providing electricity generation, transmission, and distribution to more than 5 million customers in 11 states. About 42% of AEP's of capacity is coal, with the remainder from a mix of natural gas (27%), renewable energy and hydro (21%), nuclear (8%), and demand response (2%). Vertically integrated utilities, transmission and distribution, and generation and marketing support earnings.

Executives

Daniel G. Stoddard	director	5000 DOMINION BOULEVARD, GLEN ALLEN VA 23060
Kate Sturgess	officer: Controller, CAO	2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Antonio P Smyth	officer: Executive Vice President	1 RIVERSIDE PLAZA, COLUMBUS OH 43215
David Matthew Feinberg	officer: Senior Vice President	C/O ALLEGHENY ENERGY, INC., 800 CABIN HILL DRIVE, GREENSBURG PA 15601
Christian T Beam	officer: Executive Vice President	1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Nicholas K Akins	officer: Executive Vice President	AMERICAN ELECTRIC POWER COMPANY, INC., 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Ann P Kelly	officer: Executive Vice President & CFO	460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
Greg B Hall	officer: Executive Vice President	1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Peggy Simmons	officer: Executive Vice President	212 E 6TH ST, TULSA OK 74119
Raja Sundararajan	officer: Executive Vice President	1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Donna James	director	ONE MIRANOVA PLACE, SUITE 1040, COLUMBUS OH 43215
Therace Risch	officer: Senior Vice President	6501 LEGACY DRIVE, PLANO TX 75024
Charles E Zebula	officer: Executive Vice President	1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Lisa M Barton	officer: Executive Vice President	AMERICAN ELECTRIC POWER COMPANY, INC., 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Paul Iii Chodak	officer: Executive Vice President	1 RIVERSIDE PLAZA, COLUMBUS OH 43215