Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Capital Power's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$3,190.00 Mil. Capital Power's Total Assets for the quarter that ended in Dec. 2023 was C$11,156.00 Mil.
Therefore, Capital Power's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.29.
The historical rank and industry rank for Capital Power's Equity-to-Asset or its related term are showing as below:
TSX:CPX.PR.C.PFD'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24 Med: 0.38 Max: 0.51
Current: 0.29
During the past 13 years, the highest Equity to Asset Ratio of Capital Power was 0.51. The lowest was 0.24. And the median was 0.38.
TSX:CPX.PR.C.PFD's Equity-to-Asset is ranked worse than 66.89% of 438
companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.39
vs TSX:CPX.PR.C.PFD: 0.29
Capital Power Equity-to-Asset Historical Data
The historical data trend for Capital Power'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.
Competitive Comparison of Capital Power's Equity-to-Asset
For the Utilities - Independent Power Producers subindustry, Capital Power'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.
Capital Power's Equity-to-Asset Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Capital Power's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Capital Power's Equity-to-Asset falls into.
Capital Power 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.
Capital Power's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 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.
Capital Power (TSX:CPX.PR.C.PFD) 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%.
Capital Power Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Capital Power's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Capital Power (TSX:CPX.PR.C.PFD) Business Description
Capital Power Corp is a North American power producer whose principal activities are developing, acquiring, and operating power plants. Through its subsidiary, Capital Power owns and operates a portfolio of natural gas, coal, wind, solar, and solid fuel energy generating facilities. These are located throughout Western and Central Canada and the U.S. Capital Power's natural gas and coal facilities, specifically its Genesee and Shepard sites, account for most of its electric capacity and cash flow production. The company generates the vast majority of its revenue from sales of electricity and natural gas. Its customers include a variety of industrial and commercial consumers, independent transmission system operators, and government-owned entities.
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