Top 5 Companies in the Water Utilities Industry With the Highest Debt to Equity Ratio (AWK, SJW, WTR, CWT, CTWS)
Below are the three companies in the Water 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.
American Water Works ranks highest with a a debt to equity ratio of 1.2. SJW is next with a a debt to equity ratio of 1.1. Aqua America ranks third highest with a a debt to equity ratio of 1.0.
California Water Service follows with a a debt to equity ratio of 0.9, and Connecticut Water Service rounds out the top five with a a debt to equity ratio of 0.9.
SmarTrend recommended that subscribers consider buying shares of Connecticut Water Service on December 16th, 2015 as our technology indicated a new Uptrend was in progress when shares hit $37.49. Since that recommendation, shares of Connecticut Water Service have risen 29.2%. We continue to monitor Connecticut Water Service for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest debt to equity ratio american water works aqua america california water service connecticut water service