Debt-to-EBITDA measures a company's ability to pay off its debt.
Public Service Enterprise Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $2,376 Mil. Public Service Enterprise Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $17,152 Mil. Public Service Enterprise Group's annualized EBITDA for the quarter that ended in Mar. 2022 was $1,204 Mil.
Public Service Enterprise Group's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2022 was 16.22.
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 Public Service Enterprise Group's Debt-to-EBITDA or its related term are showing as below:
PEG'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.13 Med: 3.52 Max: 24.11
Current: -119.8
During the past 13 years, the highest Debt-to-EBITDA Ratio of Public Service Enterprise Group was 24.11. The lowest was 2.13. And the median was 3.52.
Public Service Enterprise Group Debt-to-EBITDA Historical Data
The historical data trend for Public Service Enterprise Group'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.
|
Public Service Enterprise Group Annual Data
|
|
Trend |
Dec12 |
Dec13 |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
| Debt-to-EBITDA |
|
|
|
|
|
|
3.54 |
4.21 |
4.25 |
4.09 |
24.11 |
|
Public Service Enterprise Group Quarterly Data
|
|
Jun17 |
Sep17 |
Dec17 |
Mar18 |
Jun18 |
Sep18 |
Dec18 |
Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
| Debt-to-EBITDA |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3.46 |
16.94 |
-2.80 |
4.60 |
16.22 |
Competitive Comparison
For the Utilities - Diversified subindustry, Public Service Enterprise Group'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.
Public Service Enterprise Group Debt-to-EBITDA Distribution
For the Utilities - Regulated industry and Utilities sector, Public Service Enterprise Group's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Public Service Enterprise Group's Debt-to-EBITDA falls into.
Public Service Enterprise Group Debt-to-EBITDA Calculation
Debt-to-EBITDA measures a company's ability to pay off its debt.
Public Service Enterprise Group's Debt-to-EBITDA for the fiscal year that ended in Dec. 2021 is calculated as
Public Service Enterprise Group's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2022 is calculated as
* 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 (Mar. 2022) EBITDA data.
Public Service Enterprise Group Business Description
Traded in Other Exchanges
Address
80 Park Plaza, Newark, NJ, USA, 07102
Public Service Enterprise Group is the holding company for a regulated utility (PSE&G) and other nonregulated businesses such as nuclear power generation and clean energy infrastructure. PSE&G provides regulated gas and electricity delivery services in New Jersey to a combined 4 million customers. PSEG also operates the Long Island Power Authority system. In 2022, PSEG sold its gas and oil power plants in the Mid-Atlantic, New York, and the Northeast.
Executives
| Larossa Ralph A |
officer: COO |
PSEG 80 PARK PLAZA NEWARK NJ 07102 |
| Chernick Rose M |
officer: Vice President and Controller |
80 PARK PLAZA, T4B NEWARK NJ 07102 |
| Jackson Shirley A |
director |
110 8TH STREEET TROY NY 12180-3590 |
| Zollar Alfred W |
director |
C/O LOTUS SOFTWARE ONE ROGER STREET CAMBRIDGE MA 02142 |
| Stephenson Scott G |
director |
C/O VERISK ANALYTICS, INC. 545 WASHINGTON BOULEVARD JERSEY CITY NJ 07310-1686 |
| Deese Willie A |
director |
DENTSPLY SIRONA INC 13320 BALLANTYNE CORPORATE PLACE CHARLOTTE NC 28277 |
| Tomasky Susan |
director |
AMERICAN ELECTRIC POWER 1 RIVERSIDE PLAZA COLUMBUS OH 43215 |
| Ostrowsky Barry H |
director |
RWJBARNABAS HEALTH 95 OLD SHORT HILLS ROAD WEST ORANGE NJ 07052 |
| Lilley David |
director |
PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: LILLEY DAVID a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;} |
| Surma John P |
director |
PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: SURMA JOHN P a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;} |
| Sugg Laura A |
director |
ONE BRIARLAKE PLAZA, SUITE 2000 2000 WEST SAM HOUSTON PARKWAY SOUTH HOUSTON TX 77042 |
| Cregg Daniel J |
officer: Executive VP & CFO |
80 PARK PLAZA, T4 NEWARK NJ 07102 |
| Izzo Ralph |
director, officer: Chairman, President and CEO |
PSEG 80 PARK PLAZA T6B NEWARK NJ 07102-4194 |
| Daly David Matthew |
officer: President - PSE&G |
80 PARK PLAZA, T4 NEWARK NJ 07102 |
| Dirisio Derek M |
officer: President, PSEG Services Corp. |
PSEG 80 PARK PLAZA NEWARK NJ 07102 |
Public Service Enterprise Group Headlines
By Seekingalpha 2022-02-24
By Seekingalpha 2022-02-24
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