The York Water Company

NASDAQ YORW

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The York Water Company Long-Term Debt to Equity Ratio 3 year CAGR for the year ending December 31, 2023: -1.92%

The York Water Company Long-Term Debt to Equity Ratio 3 year CAGR is -1.92% for the year ending December 31, 2023, a -27.53% change year over year. The long-term debt to equity ratio measures the proportion of a company's long-term debt to its shareholders' equity. It is calculated by dividing the long-term debt by the shareholders' equity. This ratio helps assess the company's long-term solvency and its reliance on debt financing. A higher ratio indicates a higher level of debt relative to equity, which can increase the company's financial risk and affect its ability to meet long-term obligations. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • The York Water Company Long-Term Debt to Equity Ratio for the year ending December 31, 2022 was 0.67, a -26.02% change year over year.
  • The York Water Company Long-Term Debt to Equity Ratio for the year ending December 31, 2021 was 0.91, a 5.48% change year over year.
  • The York Water Company Long-Term Debt to Equity Ratio for the year ending December 31, 2020 was 0.86, a 22.44% change year over year.
  • The York Water Company Long-Term Debt to Equity Ratio for the year ending December 31, 2019 was 0.70, a -4.74% change year over year.
NASDAQ: YORW

The York Water Company

CEO Mr. Joseph Thomas Hand
IPO Date May 3, 1999
Location United States
Headquarters 130 East Market Street, York, PA, United States, 17401
Employees 130
Sector Utilities
Industry Utilities - regulated water
Description

The York Water Company impounds, purifies, and distributes drinking water. It owns and operates three wastewater collection systems; ten wastewater collection and treatment systems; and two reservoirs, including Lake Williams and Lake Redman, which hold approximately 2.2 billion gallons of water. The company also operates a 15-mile pipeline from the Susquehanna River to Lake Redman; and owns satellite groundwater systems in York, Adams, and Lancaster Counties, as well as two impounding dams on primary system located in York and Springfield Townships. It serves customers in the fixtures and furniture, electrical machinery, food products, paper, ordnance units, textile products, air conditioning systems, laundry detergents, barbells, and motorcycle industries in 56 municipalities within four counties in south-central Pennsylvania. The York Water Company was incorporated in 1816 and is based in York, Pennsylvania.

StockViz Staff

September 20, 2024

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