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The Connecticut Light & Power Co (The Connecticut Light & Power Co) Liabilities-to-Assets : 0.63 (As of Dec. 2019)


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What is The Connecticut Light & Power Co Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. The Connecticut Light & Power Co's Total Liabilities for the quarter that ended in Dec. 2019 was $7,681.17 Mil. The Connecticut Light & Power Co's Total Assets for the quarter that ended in Dec. 2019 was $12,185.19 Mil. Therefore, The Connecticut Light & Power Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2019 was 0.63.


The Connecticut Light & Power Co Liabilities-to-Assets Historical Data

The historical data trend for The Connecticut Light & Power Co's Liabilities-to-Assets 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.

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The Connecticut Light & Power Co Liabilities-to-Assets Chart

The Connecticut Light & Power Co Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.65 0.65 0.62 0.63

The Connecticut Light & Power Co Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
Liabilities-to-Assets 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 0.62 0.64 0.65 0.64 0.63

Competitive Comparison of The Connecticut Light & Power Co's Liabilities-to-Assets

For the Utilities - Regulated Electric subindustry, The Connecticut Light & Power Co's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


The Connecticut Light & Power Co's Liabilities-to-Assets Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, The Connecticut Light & Power Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where The Connecticut Light & Power Co's Liabilities-to-Assets falls into.



The Connecticut Light & Power Co Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

The Connecticut Light & Power Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2019 is calculated as:

Liabilities-to-Assets (A: Dec. 2019 )=Total Liabilities/Total Assets
=7681.166/12185.191
=0.63

The Connecticut Light & Power Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2019 is calculated as

Liabilities-to-Assets (Q: Dec. 2019 )=Total Liabilities/Total Assets
=7681.166/12185.191
=0.63

* 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.


The Connecticut Light & Power Co  (OTCPK:CNPWP.PFD) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


The Connecticut Light & Power Co Liabilities-to-Assets Related Terms

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The Connecticut Light & Power Co (The Connecticut Light & Power Co) Business Description

Traded in Other Exchanges
N/A
Address
107 Selden Street, Berlin, CT, USA, 06037-1616
The Connecticut Light & Power Co is a regulated electric utility that serves residential, commercial and industrial customers in parts of Connecticut. Its business consists of purchase, delivery, and sale of electricity to customers.

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