Union Gas (TSX:UNG.PR.D.PFD) Debt-to-Equity : 0.00 (As of . 20)

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What is Union Gas Debt-to-Equity?

Union Gas's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was C$0.00 Mil. Union Gas's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was C$0.00 Mil. Union Gas's Total Stockholders Equity for the quarter that ended in . 20 was C$0.00 Mil.

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 Union Gas's Debt-to-Equity or its related term are showing as below:

TSX:UNG.PR.D.PFD's Debt-to-Equity is not ranked ^*
in the Utilities - Regulated industry.
Industry Median: 0.875
* Ranked among companies with meaningful Debt-to-Equity only.

Union Gas Debt-to-Equity Historical Data

The historical data trend for Union Gas'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.

Union Gas Debt-to-Equity Chart

Union Gas Annual Data

Trend

Debt-to-Equity

Union Gas Quarterly Data

Debt-to-Equity

Competitive Comparison of Union Gas's Debt-to-Equity

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

Union Gas's Debt-to-Equity Distribution in the Utilities - Regulated Industry

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

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

Union Gas Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Union Gas's Debt to Equity Ratio for the fiscal year that ended in . 20 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
	=	(	+	)	/	N/A
	=	N/A

Union Gas's Debt to Equity Ratio for the quarter that ended in . 20 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
	=	(	+	)	/
	=	N/A

Union Gas (TSX:UNG.PR.D.PFD) 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.

Union Gas Debt-to-Equity Related Terms

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

Union Gas (TSX:UNG.PR.D.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Union Gas Ltd (TSX:UNG.PR.D.PFD) » Definitions » Debt-to-Equity

Comparable Companies

TSXV:CFY TSX:VNR

Traded in Other Exchanges

N/A

Address

50 Keil Drive North, Chatham, ON, CAN, N7M 5M1

Website

http://www.uniongas.com

Union Gas Ltd provides natural gas storage, distribution, and transmission services in Canada. It owns and operates natural gas distribution, storage and transmission facilities in Ontario. The company distributes natural gas to customers in northern, southwestern and eastern Ontario, and provides natural gas storage and transportation services to other utilities and energy market participants. The distribution business serves approximately 1.4 million residential, commercial and industrial customers in over 400 communities across northern, southwestern and eastern Ontario. Union Gas' storage and transmission business offer a range of storage and transportation services to customers at the Dawn Hub (Dawn).

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