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Canadian Utilities (TSX:CU) Debt-to-Revenue : 3.36 (As of Sep. 2024)


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What is Canadian Utilities Debt-to-Revenue?

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

Canadian Utilities's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$66 Mil. Canadian Utilities's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$10,823 Mil. Canadian Utilities's annualized Revenue for the quarter that ended in Sep. 2024 was C$3,240 Mil. Canadian Utilities's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 was 3.36.


Canadian Utilities Debt-to-Revenue Historical Data

The historical data trend for Canadian Utilities'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.

* Premium members only.

Canadian Utilities Debt-to-Revenue Chart

Canadian Utilities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.31 2.82 2.72 2.37 2.79

Canadian Utilities Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3.26 2.72 2.40 3.12 3.36

Competitive Comparison of Canadian Utilities's Debt-to-Revenue

For the Utilities - Diversified subindustry, Canadian Utilities'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.


Canadian Utilities's Debt-to-Revenue Distribution in the Utilities - Regulated Industry

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

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



Canadian Utilities Debt-to-Revenue Calculation

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

Canadian Utilities's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(536 + 10053) / 3796
=2.79

Canadian Utilities's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(66 + 10823) / 3240
=3.36

* 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 (Sep. 2024) Revenue data.


Canadian Utilities Debt-to-Revenue Related Terms

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Canadian Utilities Business Description

Address
5302 Forand Street South West, 4th Floor, West Building, Corporate Governance & Secretarial, Calgary, AB, CAN, T3E 8B4
Canadian Utilities Ltd, a subsidiary of holding company Atco, offers gas and electricity services. The company is engaged in Atco Energy systems and its Energy Infrastructure operating segment to ATCO EnPower. Headquartered in Calgary, Alberta, the firm mainly operates in Canada, Australia, and others. The company generates maximum revenue from Canada. Canadian Utilities launched a large venture called Atco Energy, which provides low-cost and sustainable energy solutions for Alberta.
Executives
Colin Jackson Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Linda A. Southern-heathcott Director
M. George Constantinescu Senior Officer

Canadian Utilities Headlines