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Chesapeake Utilities (FRA:CH5) Equity-to-Asset : 0.38 (As of Dec. 2023)


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What is Chesapeake Utilities Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Chesapeake Utilities's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €1,142.7 Mil. Chesapeake Utilities's Total Assets for the quarter that ended in Dec. 2023 was €3,030.4 Mil. Therefore, Chesapeake Utilities's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.38.

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

FRA:CH5' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31   Med: 0.35   Max: 0.38
Current: 0.38

During the past 13 years, the highest Equity to Asset Ratio of Chesapeake Utilities was 0.38. The lowest was 0.31. And the median was 0.35.

FRA:CH5's Equity-to-Asset is ranked better than
51.63% of 521 companies
in the Utilities - Regulated industry
Industry Median: 0.38 vs FRA:CH5: 0.38

Chesapeake Utilities Equity-to-Asset Historical Data

The historical data trend for Chesapeake Utilities'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.

Chesapeake Utilities Equity-to-Asset Chart

Chesapeake Utilities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.36 0.37 0.38 0.38

Chesapeake Utilities 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 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 0.38 0.39 0.39 0.39 0.38

Competitive Comparison of Chesapeake Utilities's Equity-to-Asset

For the Utilities - Regulated Gas subindustry, Chesapeake Utilities'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.


Chesapeake Utilities's Equity-to-Asset Distribution in the Utilities - Regulated Industry

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

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



Chesapeake Utilities 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.

Chesapeake Utilities'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
=1142.677/3030.414
=0.38

Chesapeake Utilities'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
=1142.677/3030.414
=0.38

* 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.


Chesapeake Utilities  (FRA:CH5) 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%.


Chesapeake Utilities Equity-to-Asset Related Terms

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


Chesapeake Utilities (FRA:CH5) Business Description

Traded in Other Exchanges
Address
500 Energy Lane, Dover, DE, USA, 19901
Chesapeake Utilities Corp is a diversified energy delivery company that is engaged in natural gas transmission and distribution, electricity generation and distribution, propane gas distribution, mobile compressed natural gas utility services and solutions and other businesses. The company operates in two reportable segments, Regulated Energy and Unregulated Energy. The company's natural gas and electric distribution operations in Delaware, Maryland and Florida are subject to regulation by their respective PSC. Eastern Shore, its natural gas transmission subsidiary, is subject to regulation by the FERC and Peninsula Pipeline and Aspire Energy Express, its intrastate pipeline subsidiaries, are subject to regulation by the Florida PSC and Public Utilities Commission of Ohio, respectively.

Chesapeake Utilities (FRA:CH5) Headlines

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