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Chesapeake Utilities (Chesapeake Utilities) Debt-to-Equity

: 1.12 (As of Dec. 2023)
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Chesapeake Utilities's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $198.4 Mil. Chesapeake Utilities's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,197.6 Mil. Chesapeake Utilities's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,246.1 Mil. Chesapeake Utilities's debt to equity for the quarter that ended in Dec. 2023 was 1.12.

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 Chesapeake Utilities's Debt-to-Equity or its related term are showing as below:

CPK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.81   Med: 1   Max: 1.32
Current: 1.12

During the past 13 years, the highest Debt-to-Equity Ratio of Chesapeake Utilities was 1.32. The lowest was 0.81. And the median was 1.00.

CPK's Debt-to-Equity is ranked worse than
59.92% of 474 companies
in the Utilities - Regulated industry
Industry Median: 0.84 vs CPK: 1.12

Chesapeake Utilities Debt-to-Equity Historical Data

The historical data trend for Chesapeake Utilities'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.

Chesapeake Utilities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.32 1.02 1.03 0.98 1.12

Chesapeake Utilities 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 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 Premium Member Only Premium Member Only Premium Member Only 0.98 0.91 0.90 0.92 1.12

Competitive Comparison

For the Utilities - Regulated Gas subindustry, Chesapeake Utilities'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.


Chesapeake Utilities Debt-to-Equity Distribution

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

* The bar in red indicates where Chesapeake Utilities's Debt-to-Equity falls into.



Chesapeake Utilities Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Chesapeake Utilities's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Chesapeake Utilities's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Chesapeake Utilities  (NYSE:CPK) 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.


Chesapeake Utilities Debt-to-Equity Related Terms

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


Chesapeake Utilities (Chesapeake Utilities) Business Description

Traded in Other Exchanges
Address
500 Energy Lane, Dover, DE, USA, 19901
Chesapeake Utilities Corp is a diversified energy delivery company that is engaged in natural gas transmission and distribution, electricity generation and distribution, propane gas distribution, mobile compressed natural gas utility services and solutions and other businesses. The company operates in two reportable segments, Regulated Energy and Unregulated Energy. The company's natural gas and electric distribution operations in Delaware, Maryland and Florida are subject to regulation by their respective PSC. Eastern Shore, its natural gas transmission subsidiary, is subject to regulation by the FERC and Peninsula Pipeline and Aspire Energy Express, its intrastate pipeline subsidiaries, are subject to regulation by the Florida PSC and Public Utilities Commission of Ohio, respectively.
Executives
Jeffery S Sylvester officer: Senior VP & COO 500 ENERGY LANE, DOVER DE 19901
Thomas J Bresnan director 1350 S. MILWAUKEE STREET, DENVER CO 80210
Maddock Paul L Jr director 909 SILVER LAKE BLVD, DOVER DE 19904
Hill Thomas P Jr director 909 SILVER LAKE BOULEVARD, DOVER DE 19904
Lila A Jaber director 909 SILVER LAKE BLVD, DOVER DE 19904
John R Schimkaitis director, other: Chair of the Board 909 SILVER LAKE BLVD., DOVER DE 19904
Kevin J Webber officer: Senior VP & Chief Dev. Officer 909 SILVER LAKE BLVD, DOVER DE 19904
Stephanie N Gary director 500 ENERGY LANE, DOVER DE 19901
Lisa Bisaccia director ONE CVS DRIVE, WOONSOCKET RI 02895
Michael D Galtman officer: Senior VP & CAO 500 ENERGY LANE, DOVER DE 19901
Sheree M. Petrone director 601 TRAVIS STREET, SUITE 1400, HOUSTON TX 77002
Jeffry M Householder director, other: President & CEO 909 SILVER LAKE BLVD, DOVER DE 19904
Forsythe Ronald G Jr director 909 SILVER LAKE BOULEVARD, DOVER DE 19904
Dianna Morgan director 909 SILVER LAKE BLVD, DOVER DE 19904
Beth W Cooper officer: Executive VP & CFO CHESAPEAKE UTILITIES CORPORATION, 909 SILVER LAKE BOULEVARD, DOVER DE 19904