WELPP.PFD (Wisconsin Electric Power Co) Debt-to-Equity : 1.35 (As of Sep. 2024)

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

Wisconsin Electric Power Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $655.50 Mil. Wisconsin Electric Power Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $6,508.10 Mil. Wisconsin Electric Power Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $5,292.70 Mil. Wisconsin Electric Power Co's debt to equity for the quarter that ended in Sep. 2024 was 1.35.

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 Wisconsin Electric Power Co's Debt-to-Equity or its related term are showing as below:

WELPP.PFD's Debt-to-Equity is not ranked ^*
in the Utilities - Regulated industry.
Industry Median: 0.87
* Ranked among companies with meaningful Debt-to-Equity only.

Wisconsin Electric Power Co Debt-to-Equity Historical Data

The historical data trend for Wisconsin 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.

Wisconsin Electric Power Co Debt-to-Equity Chart

Wisconsin Electric Power Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.59

1.60

1.54

1.59

1.29

Wisconsin Electric Power Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															1.22	1.29	1.25	1.29	1.35

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

For the Utilities - Regulated Electric subindustry, Wisconsin 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.

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

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

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

Wisconsin Electric Power Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wisconsin 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
	=	(757.6	+	5797.6)	/	5083.5
	=	1.29

Wisconsin Electric Power Co's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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
	=	(655.5	+	6508.1)	/	5292.7
	=	1.35

Wisconsin Electric Power Co (OTCPK:WELPP.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.

Wisconsin Electric Power Co Debt-to-Equity Related Terms

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

Wisconsin Electric Power Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Wisconsin Electric Power Co (OTCPK:WELPP.PFD) » Definitions » Debt-to-Equity

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WELPM.PFD:USA

Address

231 West Michigan Street, P.O. Box 2046, Milwaukee, WI, USA, 53201

Website

https://www.wecenergygroup.com

Wisconsin Electric Power Co is an electric utility company. The business activity of the group is functioned through electric and natural gas utility operations. Its electric utility operations are engaged in the generation, distribution, and sale of electricity in southeastern, east central, and northern Wisconsin. The electric utility operations also include steam operations which produce, distribute, and sell steam to space heating and processing customers in metropolitan Milwaukee, Wisconsin. Its natural gas utility operations are engaged in the purchase, distribution, and sale of natural gas to retail customers and the transportation natural gas in three service areas within southeastern, east central, and northern Wisconsin.

Executives

Paul J Spicer	director	231 WEST MICHIGAN STREET, MILWAUKEE WI 53203
William Mastoris	director	231 WEST MICHIGAN STREET, MILWAUKEE WI 53203
Xia Liu	director, officer: EVP and CFO	ONE ENERGY PLACE, PENSACOLA FL 32520
Anthony Reese	officer: Vice President and Treasurer	231 WEST MICHIGAN STREET, MILWAUKEE WI 53203
Margaret C Kelsey	officer: EVP and Gen Counsel
Gale E Klappa	director, officer: CEO and Chairman of the Board	231 W. MICHIGAN STREET, MILWAUKEE WI 53203
Tom Metcalfe	officer: Exec. VP - Generation	231 W. MICHIGAN STREET, MILWAUKEE WI 53203
James A. Schubilske	officer: Vice President & Treasurer	231 W. MICHIGAN STREET, MILWAUKEE WI 53203
William J Guc	officer: Vice President & Controller	130 EAST RANDOLPH DRIVE, CHICAGO IL 60601
Scott J Lauber	officer: Vice President and Treasurer	231 W. MICHIGAN STREET, MILWAUKEE WI 53203
Joan M Shafer	officer: Exec VP-HR & Org Effectiveness	231 W. MICHIGAN STREET, MILWAUKEE WI 53203
Henry W Knueppel	director	200 STATE STREET, BELOIT WI 53511
James Patrick Keyes	officer: Executive VP & CFO	231 W. MICHIGAN STREET, MILWAUKEE WI 53203
Susan H. Martin	officer: Executive VP & General Counsel	231 W. MICHIGAN STREET, MILWAUKEE WI 53203
Mary Ellen Stanek	director	14730 WEST JUNEAU BOULEVARD, ELM GROVE WI 53122

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