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Consolidated Edison (Consolidated Edison) Equity-to-Asset

: 0.32 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Consolidated Edison's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $21,158 Mil. Consolidated Edison's Total Assets for the quarter that ended in Dec. 2023 was $66,331 Mil. Therefore, Consolidated Edison's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.32.

The historical rank and industry rank for Consolidated Edison's Equity-to-Asset or its related term are showing as below:

ED' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.29   Med: 0.31   Max: 0.32
Current: 0.32

During the past 13 years, the highest Equity to Asset Ratio of Consolidated Edison was 0.32. The lowest was 0.29. And the median was 0.31.

ED's Equity-to-Asset is ranked worse than
62.69% of 520 companies
in the Utilities - Regulated industry
Industry Median: 0.38 vs ED: 0.32

Consolidated Edison Equity-to-Asset Historical Data

The historical data trend for Consolidated Edison's Equity-to-Asset 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.

Consolidated Edison Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 0.30 0.32 0.30 0.32

Consolidated Edison Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.30 0.33 0.33 0.33 0.32

Competitive Comparison

For the Utilities - Regulated Electric subindustry, Consolidated Edison's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Consolidated Edison Equity-to-Asset Distribution

For the Utilities - Regulated industry and Utilities sector, Consolidated Edison's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Consolidated Edison's Equity-to-Asset falls into.



Consolidated Edison Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Consolidated Edison's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=21158/66331
=0.32

Consolidated Edison's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=21158/66331
=0.32

* 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.


Consolidated Edison  (NYSE:ED) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Consolidated Edison Equity-to-Asset Related Terms

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


Consolidated Edison (Consolidated Edison) Business Description

Traded in Other Exchanges
Address
4 Irving Place, Room 700, New York, NY, USA, 10003
Con Ed is a holding company for Consolidated Edison of New York, or CECONY, and Orange & Rockland, or O&R. These utilities provide steam, natural gas, and electricity to customers in southeastern New York—including New York City—and small parts of New Jersey. The two utilities generate nearly all of Con Ed's earnings following the sale of its clean energy business to RWE in early 2023.
Executives
Christina Ho officer: VP, Strategic Planning 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Deneen L Donnley officer: SVP and General Counsel 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Stuart Nachmias officer: President & CEO CET 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Robert Sanchez officer: SVP, Corporate Shared Services 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Timothy Cawley officer: President & CEO, O&R 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Robert N Hoglund officer: Senior Vice President Finance 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Joseph Miller officer: VP & Controller 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Nancy Shannon officer: SVP, Utility Shared Services 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Matthew Ketschke officer: President CECONY 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Gurudatta D Nadkarni officer: Vice President 4 IRVING PLACE, ROOM 1450-S, NEW YORK NY 10003
Jennifer Hensley officer: SVP, Corporate Affairs 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Frances Resheske officer: Senior VP Public Affairs 4 IRVING PLACE, NEW YORK NY 10003
De La Bastide Lore officer: SVP, Utility Shared Services 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
John Mcavoy officer: President & CEO, O&R 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Yukari Saegusa officer: Vice President and Treasurer 4 IRVING PLACE, ROOM 1450-S, NEW YORK NY 10003