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The Connecticut Light & Power Co (The Connecticut Light & Power Co) Debt-to-EBITDA : 3.80 (As of Dec. 2019)


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What is The Connecticut Light & Power Co Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

The Connecticut Light & Power Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $63.80 Mil. The Connecticut Light & Power Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $3,518.14 Mil. The Connecticut Light & Power Co's annualized EBITDA for the quarter that ended in Dec. 2019 was $943.27 Mil. The Connecticut Light & Power Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2019 was 3.80.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for The Connecticut Light & Power Co's Debt-to-EBITDA or its related term are showing as below:

CNPWP.PFD's Debt-to-EBITDA is not ranked *
in the Utilities - Regulated industry.
Industry Median: 3.75
* Ranked among companies with meaningful Debt-to-EBITDA only.

The Connecticut Light & Power Co Debt-to-EBITDA Historical Data

The historical data trend for The Connecticut Light & Power Co's Debt-to-EBITDA 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 Connecticut Light & Power Co Debt-to-EBITDA Chart

The Connecticut Light & Power Co Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.58 3.10 3.27 3.47 3.58

The Connecticut Light & Power Co Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
Debt-to-EBITDA 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 3.79 3.28 3.65 3.40 3.80

Competitive Comparison of The Connecticut Light & Power Co's Debt-to-EBITDA

For the Utilities - Regulated Electric subindustry, The Connecticut Light & Power Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Connecticut Light & Power Co's Debt-to-EBITDA Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, The Connecticut Light & Power Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where The Connecticut Light & Power Co's Debt-to-EBITDA falls into.



The Connecticut Light & Power Co Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

The Connecticut Light & Power Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(63.8 + 3518.136) / 1000.368
=3.58

The Connecticut Light & Power Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(63.8 + 3518.136) / 943.272
=3.80

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2019) EBITDA data.


The Connecticut Light & Power Co  (OTCPK:CNPWP.PFD) Debt-to-EBITDA Explanation

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


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


The Connecticut Light & Power Co Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of The Connecticut Light & Power Co's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


The Connecticut Light & Power Co (The Connecticut Light & Power Co) Business Description

Traded in Other Exchanges
N/A
Address
107 Selden Street, Berlin, CT, USA, 06037-1616
The Connecticut Light & Power Co is a regulated electric utility that serves residential, commercial and industrial customers in parts of Connecticut. Its business consists of purchase, delivery, and sale of electricity to customers.

The Connecticut Light & Power Co (The Connecticut Light & Power Co) Headlines

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