California Water Service Group (CWT)
48.25
+0.20
(+0.42%)
USD |
NYSE |
Apr 26, 14:43
California Water Service Group Debt to Equity Ratio: 0.8645 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.8645 |
| September 30, 2023 | 0.8285 |
| June 30, 2023 | 0.852 |
| March 31, 2023 | 0.9133 |
| December 31, 2022 | 0.8544 |
| September 30, 2022 | 0.8871 |
| June 30, 2022 | 0.9397 |
| March 31, 2022 | 0.9538 |
| December 31, 2021 | 0.9395 |
| September 30, 2021 | 1.062 |
| June 30, 2021 | 1.214 |
| March 31, 2021 | 1.313 |
| December 31, 2020 | 1.255 |
| September 30, 2020 | 1.328 |
| June 30, 2020 | 1.512 |
| March 31, 2020 | 1.514 |
| December 31, 2019 | 1.261 |
| September 30, 2019 | 1.277 |
| June 30, 2019 | 1.352 |
| March 31, 2019 | 1.317 |
| December 31, 2018 | 1.205 |
| September 30, 2018 | 1.256 |
| June 30, 2018 | 1.231 |
| March 31, 2018 | 1.169 |
| December 31, 2017 | 1.154 |
| Date | Value |
|---|---|
| September 30, 2017 | 1.092 |
| June 30, 2017 | 1.127 |
| March 31, 2017 | 1.056 |
| December 31, 2016 | 0.9933 |
| September 30, 2016 | 0.949 |
| June 30, 2016 | 1.000 |
| March 31, 2016 | 0.9455 |
| December 31, 2015 | 0.8528 |
| September 30, 2015 | 0.8733 |
| June 30, 2015 | 0.8827 |
| March 31, 2015 | 0.8615 |
| December 31, 2014 | 0.8058 |
| September 30, 2014 | 0.7893 |
| June 30, 2014 | 0.8577 |
| March 31, 2014 | 0.8492 |
| December 31, 2013 | 0.8031 |
| September 30, 2013 | 0.8159 |
| June 30, 2013 | 0.8774 |
| March 31, 2013 | 1.004 |
| December 31, 2012 | 1.205 |
| September 30, 2012 | 1.151 |
| June 30, 2012 | 1.272 |
| March 31, 2012 | 1.211 |
| December 31, 2011 | 1.19 |
| September 30, 2011 | 1.145 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.8285
Minimum
Sep 2023
1.514
Maximum
Mar 2020
1.112
Average
1.062
Median
Sep 2021
Debt to Equity Ratio Benchmarks
| American Water Works Co Inc | 1.262 |
| SJW Group | 1.417 |
| American States Water Co | 1.172 |
| Essential Utilities Inc | 1.196 |
| Artesian Resources Corp | 0.7836 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 4.596B |
| Total Liabilities (Quarterly) | 3.165B |
| Shareholders Equity (Quarterly) | 1.427B |
| Current Ratio | 0.6885 |
| Net Debt Paydown Yield | -0.69% |