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

By Shiri Gupta

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 W ranks highest with a a debt to equity ratio of 146.8. Calif Water Srvc is next with a a debt to equity ratio of 116.3. Aqua America Inc ranks third highest with a a debt to equity ratio of 109.7.

Sjw Group follows with a a debt to equity ratio of 98.5, and Conn Water Svc rounds out the top five with a a debt to equity ratio of 95.0.

SmarTrend recommended that its subscribers protect gains by selling shares of Sjw Group on February 20th, 2020 by issuing a Downtrend alert when the shares were trading at $71.22. Since that call, shares of Sjw Group have fallen 21.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

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

Ticker(s): AWK CWT WTR SJW CTWS