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 108.5%. Its total assets and total liabilities are $3.4B and $2.1B respectively. Chesapeake Utilities's EBIT is $200.5M making its interest coverage ratio 3.5. It has cash and short-term investments of $6.4M.
Key information
108.5%
Debt to equity ratio
US$1.40b
Debt
| Interest coverage ratio | 3.5x |
| Cash | US$6.43m |
| Equity | US$1.29b |
| Total liabilities | US$2.09b |
| Total assets | US$3.38b |
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 19Chesapeake Utilities (NYSE:CPK) Takes On Some Risk With Its Use Of Debt
Oct 27Recent updates
Is 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 28Chesapeake Utilities GAAP EPS of $0.54 misses by $0.18, revenue of $131.05M beats by $3.08M
Nov 02Chesapeake Utilities (NYSE:CPK) Takes On Some Risk With Its Use Of Debt
Oct 27Here's Why Chesapeake Utilities (NYSE:CPK) Has Caught The Eye Of Investors
Oct 10Chesapeake Utilities: Great Dividend Growth At A High Price
Sep 26Chesapeake Utilities (NYSE:CPK) Has Some Way To Go To Become A Multi-Bagger
Aug 08Financial Position Analysis
Short Term Liabilities: CPK's short term assets ($156.3M) do not cover its short term liabilities ($410.2M).
Long Term Liabilities: CPK's short term assets ($156.3M) do not cover its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: CPK's net debt to equity ratio (108%) is considered high.
Reducing Debt: CPK's debt to equity ratio has reduced from 119.9% to 108.5% over the past 5 years.
Debt Coverage: CPK's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: CPK's interest payments on its debt are well covered by EBIT (3.5x coverage).