Chesapeake Utilities Balance Sheet Health
Financial Health criteria checks 2/6
Chesapeake Utilities has a total shareholder equity of $1.3B and total debt of $1.4B, which brings its debt-to-equity ratio to 104.3%. Its total assets and total liabilities are $3.5B and $2.1B respectively. Chesapeake Utilities's EBIT is $218.3M making its interest coverage ratio 3.3. It has cash and short-term investments of $1.6M.
Key information
104.3%
Debt to equity ratio
US$1.41b
Debt
| Interest coverage ratio | 3.3x |
| Cash | US$1.61m |
| Equity | US$1.35b |
| Total liabilities | US$2.12b |
| Total assets | US$3.47b |
Recent financial health updates
Is Chesapeake Utilities (NYSE:CPK) Using Too Much Debt?
Sep 17
Does Chesapeake Utilities (NYSE:CPK) Have A Healthy Balance Sheet?
May 24Chesapeake Utilities (NYSE:CPK) Takes On Some Risk With Its Use Of Debt
Jul 29Is Chesapeake Utilities (NYSE:CPK) A Risky Investment?
Apr 19Recent updates
Chesapeake Utilities' (NYSE:CPK) Earnings Are Of Questionable Quality
Nov 15Is Chesapeake Utilities (NYSE:CPK) Using Too Much Debt?
Sep 17Chesapeake Utilities Corporation (NYSE:CPK) Not Flying Under The Radar
Aug 30Chesapeake Utilities (NYSE:CPK) Is Increasing Its Dividend To $0.64
Jun 01Does Chesapeake Utilities (NYSE:CPK) Have A Healthy Balance Sheet?
May 24Chesapeake Utilities Corporation's (NYSE:CPK) Share Price Not Quite Adding Up
Apr 16Chesapeake Utilities Corporation's (NYSE:CPK) Intrinsic Value Is Potentially 46% Above Its Share Price
Mar 15Chesapeake Utilities Corporation: Exciting Growth Plans But Risks Still Present
Jan 21Is Chesapeake Utilities Corporation (NYSE:CPK) Expensive For A Reason? A Look At Its Intrinsic Value
Nov 10Chesapeake Utilities Makes A Big Bet On Florida Thanks To NextEra Energy
Sep 29Returns At Chesapeake Utilities (NYSE:CPK) Appear To Be Weighed Down
Aug 20Chesapeake Utilities Corporation: Higher Temperatures Are Hurting The Bottom Line
Aug 19Chesapeake Utilities (NYSE:CPK) Takes On Some Risk With Its Use Of Debt
Jul 29Chesapeake Utilities' (NYSE:CPK) Dividend Will Be Increased To $0.59
May 07Is Chesapeake Utilities (NYSE:CPK) A Risky Investment?
Apr 19With EPS Growth And More, Chesapeake Utilities (NYSE:CPK) Makes An Interesting Case
Mar 10Chesapeake Utilities GAAP EPS of $1.47 beats by $0.08, revenue of $187.3M beats by $1.24M
Feb 23Florida regulator greenlights Chesapeake Utility's infrastructure expansion in Nassau
Jan 30Chesapeake Utilities (NYSE:CPK) Hasn't Managed To Accelerate Its Returns
Jan 28Financial Position Analysis
Short Term Liabilities: CPK's short term assets ($166.5M) do not cover its short term liabilities ($434.8M).
Long Term Liabilities: CPK's short term assets ($166.5M) do not cover its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: CPK's net debt to equity ratio (104.2%) is considered high.
Reducing Debt: CPK's debt to equity ratio has reduced from 124.1% to 104.3% over the past 5 years.
Debt Coverage: CPK's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: CPK's interest payments on its debt are well covered by EBIT (3.3x coverage).