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Highest Debt to Asset Ratio in the Water Utilities Industry Detected in Shares of American Water W (AWK, WTR, SJW, CTWS, CWT)

By David Diaz

Below are the three companies in the Water Utilities industry with the highest debt to asset ratios. The Debt/Asset ratio shows the proportion of a company's assets that are financed through debt. If the ratio is greater than one, most of the company's assets are financed through debt.

American Water W ranks highest with a a debt to asset ratio of 39.65. Following is Aqua America Inc with a a debt to asset ratio of 33.90. Sjw Group ranks third highest with a a debt to asset ratio of 31.28.

Conn Water Svc follows with a a debt to asset ratio of 31.02, and Calif Water Srvc rounds out the top five with a a debt to asset ratio of 29.44.

SmarTrend recommended that subscribers consider buying shares of American Water W on January 23rd, 2019 as our technology indicated a new Uptrend was in progress when shares hit $93.51. Since that recommendation, shares of American Water W have risen 25.2%. We continue to monitor American Water W for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to asset ratio american water w aqua america inc sjw group conn water svc calif water srvc

Ticker(s): AWK WTR SJW CTWS CWT