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Essential Utilities Inc   (WTRG)
Other Ticker:  
 
    Sector  Utilities    Industry Water Supply
   Industry Water Supply
   Sector  Utilities

Essential Utilities Inc 's Total Debt to Equity

WTRG's quarterly Total Debt to Equity and Total Debt, Equity growth


Due to net new borrowings of 3.28%, Total Debt to Equity fell to 1.17, above the Essential Utilities Inc 's average Total Debt to Equity.

Within Water Supply industry in the forth quarter 2023, 2 other companies have achieved lower Total Debt to Equity than Essential Utilities Inc in the IV Quarter 2023. While Total Debt to Equity total ranking has deteriorated compared to the third quarter 2023 from 991 to 1133 .

Explain Debt to Equity Ratio?
What is the structure of WTRG´s Total Debt?
How valuable is the WTRG´s Equity?


WTRG Total Debt to Equity (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Equity Change 9.65 % 10.84 % 5.1 % 4.96 % 3.72 %
Y / Y Total Debt Change 4.92 % 5.55 % 9.75 % 11.32 % 11.14 %
Total Debt to Equity MRQ 1.17 1.13 1.21 1.21 1.22
WTRG's Total Ranking # 1133 # 991 # 1576 # 2869 # 1963
Seq. Equity Change -0.45 % 5.48 % 1.79 % 2.58 % 0.64 %
Seq. Total Debt Change 3.28 % -2.05 % 1.96 % 1.72 % 3.9 %



Total Debt to Equity forth quarter 2023 Company Ranking
Within: No.
Water Supply Industry # 3
Utilities Sector # 20
Overall Market # 1133


Total Debt to Equity Statistics
High Average Low
1.24 1.09 0.78
(Jun 30 2012)   (Jun 30 2019)




Financial Statements
Essential Utilities Inc 's Equity $ 5,896 Millions Visit WTRG's Balance sheet
Essential Utilities Inc 's Total Debt $ 6,894 Millions Visit WTRG's Balance sheet
Source of WTRG's Sales Visit WTRG's Sales by Geography


Cumulative Essential Utilities Inc 's Total Debt to Equity

WTRG's Total Debt to Equity for the trailling 12 Months

WTRG Total Debt to Equity

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Equity TTM Growth 9.65 % 10.84 % 5.1 % 4.96 % 3.72 %
Y / Y Total Debt TTM Growth 4.92 % 5.55 % 9.75 % 11.32 % 11.14 %
Total Debt to Equity TTM 1.18 1.19 1.21 1.19 1.18
Total Ranking TTM # 67 # 135 # 256 # 287 # 52
Seq. Equity TTM Growth -0.45 % 5.48 % 1.79 % 2.58 % 0.64 %
Seq. Total Debt TTM Growth 3.28 % -2.05 % 1.96 % 1.72 % 3.9 %


On the trailing twelve months basis Despite of the net new borrowings of 3.28% during the twelve months period ending in IV Quarter 2023 Essential Utilities Inc has managed to decrease Total Debt to Equity in the IV Quarter 2023 to 1.18, above the WTRG's average Total Debt to Equity.
Total Debt to Equity is the average cumulative value over the last four quarters.

Among companies in the Water Supply industry WTRG recorded the lowest Total Debt to Equity. While Total Debt to Equity total ranking has improved so far to 67, from total ranking in previous 12 month period at 135.

Explain Debt to Equity Ratio?
What is the structure of WTRG´s Total Debt?
How valuable is the WTRG´s Equity?

TTM Total Debt to Equity Company Ranking
Within: No.
Within the Water Supply Industry # 0
Utilities Sector # 1
Within the Market # 67


trailing twelve months Total Debt to Equity Statistics
High Average Low
1.21 1.13 1
(Jun 30 2023)   (Dec 31 2019)




Companies with similar Total Debt to Equity in the quarter ending Dec 31 2023, within Water Supply Industry Total Debt to EquityDec 31 2023 MRQ Total DebtDec 31 2023 MRQ Equity
Global Water Resources Inc   2.16 $ 105.221  Millions$ 48.620  Millions
Sjw Group  1.28 $ 1,575.674  Millions$ 1,233.397  Millions
American Water Works Company Inc   1.26 $ 12,369.000  Millions$ 9,797.000  Millions
Essential Utilities Inc   1.17 $ 6,893.500  Millions$ 5,896.183  Millions
American States Water Company  0.80 $ 617.555  Millions$ 776.109  Millions
Artesian Resources Corp  0.78 $ 180.542  Millions$ 230.397  Millions

Date modified: 2024-03-01T04:40:10+00:00



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