Relatively High Debt to Equity Ratio Detected in Shares of CMS Energy in the Multi-Utilities Industry (CMS, D, CNP, NI, TE)
Below are the three companies in the Multi-Utilities industry with the highest debt to equity ratios. The Debt/Equity ratio measures a company's leverage and a high level often implies that a company has financed much of its growth with debt.
CMS Energy ranks highest with a a debt to equity ratio of 2.3. Dominion Resources is next with a a debt to equity ratio of 2.2. Centerpoint Energy ranks third highest with a a debt to equity ratio of 2.1.
NiSource follows with a a debt to equity ratio of 1.8, and TECO Energy rounds out the top five with a a debt to equity ratio of 1.6.
SmarTrend recommended that subscribers consider buying shares of TECO Energy on July 16th, 2015 as our technology indicated a new Uptrend was in progress when shares hit $20.24. Since that recommendation, shares of TECO Energy have risen 36.0%. We continue to monitor TECO Energy for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest debt to equity ratio cms energy dominion resources CenterPoint Energy NiSource TECO Energy