Chesapeake Utilities (CPK) Debt Metrics
Market Cap: $3.02B
Avg Volume: 118.81K
Industry: Regulated Gas
Sector: Utilities
How much debt does Chesapeake Utilities have?
According to Chesapeake Utilities's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Chesapeake Utilities's total debt stands at $34.20M. This is broken down into:
- Long-term debt: $17.40M
- Short-term debt: $25.50M
The company's net debt, which accounts for cash and cash equivalents, is $34.20M. In terms of overall financial obligations, Chesapeake Utilities's total liabilities amount to $2.19B.
Debt Ratios and Metrics
To better understand Chesapeake Utilities's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.02 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 0.96% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 3.34 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 0.62% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 2.40% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Chesapeake Utilities's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$34.20M
Long-term Debt
$17.40M
Short-term Debt
$25.50M
Net Debt
$34.20M
Total Liabilities
$2.19B
Interest Coverage
3.34
Debt to Equity Ratio
0.02
Debt Ratio
0.96%
Chesapeake Utilities Historical Debt Metrics
Chesapeake Utilities Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $34.20M | $17.40M | $25.50M | $34.20M | $2.19B | 0.02 | 0.96% | 3.34 | 0.62% | 2.40% |
| 2023 | $1.40B | $1.20B | $198.36M | $1.39B | $2.06B | 1.12 | 42.24% | 4.08 | 48.79% | 52.84% |
| 2022 | $814.42M | $590.78M | $223.64M | $808.22M | $1.38B | 0.98 | 36.77% | 5.87 | 40.99% | 49.44% |
| 2021 | $798.07M | $558.47M | $223.09M | $793.09M | $1.34B | 1.03 | 37.74% | 6.51 | 41.53% | 50.76% |
| 2020 | $707.62M | $518.37M | $189.24M | $704.12M | $1.24B | 1.02 | 36.62% | 5.18 | 42.18% | 50.37% |
| 2019 | $743.03M | $450.06M | $292.97M | $736.05M | $1.22B | 1.32 | 41.67% | 4.78 | 43.94% | 56.95% |
| 2018 | $622.41M | $317.33M | $307.70M | $616.32M | $1.18B | 1.20 | 36.75% | 5.76 | 37.87% | 54.56% |
| 2017 | $457.79M | $197.40M | $260.39M | $452.17M | $931.14M | 0.94 | 32.30% | 6.79 | 28.87% | 48.49% |
| 2016 | $358.92M | $136.95M | $221.97M | $354.75M | $783.13M | 0.80 | 29.20% | 7.90 | 23.49% | 44.59% |
| 2015 | $331.89M | $149.01M | $182.55M | $329.03M | $710.45M | 0.93 | 31.06% | 7.77 | 29.38% | 48.10% |
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