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Corning Natural Gas Holding (Corning Natural Gas Holding) Debt-to-Revenue : 0.95 (As of Mar. 2022)


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What is Corning Natural Gas Holding Debt-to-Revenue?

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

Corning Natural Gas Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $21.87 Mil. Corning Natural Gas Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $42.56 Mil. Corning Natural Gas Holding's annualized Revenue for the quarter that ended in Mar. 2022 was $67.86 Mil. Corning Natural Gas Holding's annualized Debt-to-Revenue for the quarter that ended in Mar. 2022 was 0.95.


Corning Natural Gas Holding Debt-to-Revenue Historical Data

The historical data trend for Corning Natural Gas Holding's Debt-to-Revenue 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.

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Corning Natural Gas Holding Debt-to-Revenue Chart

Corning Natural Gas Holding Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.45 1.37 1.37 1.79 1.86

Corning Natural Gas Holding Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Debt-to-Revenue 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 1.12 1.99 2.63 1.50 0.95

Competitive Comparison of Corning Natural Gas Holding's Debt-to-Revenue

For the Utilities - Regulated Gas subindustry, Corning Natural Gas Holding's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Corning Natural Gas Holding's Debt-to-Revenue Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Corning Natural Gas Holding's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Corning Natural Gas Holding's Debt-to-Revenue falls into.



Corning Natural Gas Holding Debt-to-Revenue Calculation

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

Corning Natural Gas Holding's Debt-to-Revenue for the fiscal year that ended in Sep. 2021 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(19.473 + 45.908) / 35.236
=1.86

Corning Natural Gas Holding's annualized Debt-to-Revenue for the quarter that ended in Mar. 2022 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(21.868 + 42.563) / 67.86
=0.95

* 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-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2022) Revenue data.


Corning Natural Gas Holding Debt-to-Revenue Related Terms

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Corning Natural Gas Holding (Corning Natural Gas Holding) Business Description

Traded in Other Exchanges
N/A
Address
330 West William Street, Corning, NY, USA, 14830
Corning Natural Gas Holding Corp, through its subsidiaries, is engaged in natural gas and electric distribution. Its segments include Gas Company, Pike, Leatherstocking companies, and Holding company. The company serves residential, commercial, industrial, and municipal customers. The company generates the vast majority of its revenue from Gas distribution.

Corning Natural Gas Holding (Corning Natural Gas Holding) Headlines