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Cons Water Co-Or has the Lowest Debt-to-Capital Ratio in the Water Utilities Industry (CWCO, AWR, MSEX, YORW, ARTNA)

By Amy Schwartz

Below are the three companies in the Water Utilities industry with the lowest Debt-to-Capital ratios. The debt-to-capital ratio is an important measure of how a company is financing its operations along with some insight into its financial strength, relative to other companies in its industry.

Cons Water Co-Or ranks lowest with a a Debt-to-Capital ratio of 43.8%. Amer States Wate is next with a a Debt-to-Capital ratio of 4,178.4%. Middlesex Water ranks third lowest with a a Debt-to-Capital ratio of 4,288.6%.

York Water Co follows with a a Debt-to-Capital ratio of 4,328.8%, and Artesian Res-A rounds out the bottom five with a a Debt-to-Capital ratio of 4,434.5%.

SmarTrend recommended that subscribers consider buying shares of Amer States Wate on May 6th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $71.21. Since that recommendation, shares of Amer States Wate have risen 18.5%. We continue to monitor Amer States Wate for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest debt-to-capital ratio cons water co-or amer states wate middlesex water york water co artesian res-a

Ticker(s): CWCO AWR MSEX YORW ARTNA