Connecticut Water Service, Inc. is a utility company that has been providing water and wastewater services to customers in Connecticut for over 150 years. Its long history is a testament to its stability and reliability.
The company has a strong financial foundation, with a debt-to-equity ratio of around 60% as of 2022. This indicates that it has a manageable level of debt compared to its equity.
Connecticut Water Service, Inc. has consistently delivered strong financial performance, with a net income of $44 million in 2021, a 12% increase from the previous year. This growth is a result of its successful operations and efficient management.
The company's valuation is also impressive, with a market capitalization of around $500 million as of 2022. This valuation reflects its strong financial performance and stable operations.
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Financial Reports
Connecticut Water Service, Inc. makes its annual financial reports publicly available, providing transparency to stakeholders and investors.
The company's 10-K Annual Reports are a key source of information for understanding the company's financial health and performance.
These reports are typically released in March of each year, with the earliest report available dating back to March 2011.
Here is a list of the available 10-K Annual Reports:
- 10-K Annual Report March 2011
- 10-K Annual Report March 2012
- 10-K Annual Report March 2013
- 10-K Annual Report March 2014
- 10-K Annual Report March 2015
- 10-K Annual Report March 2016
- 10-K Annual Report March 2017
- 10-K Annual Report March 2018
- 10-K Annual Report February 2019
Important Documents
Connecticut Water Service, Inc. has provided additional information to their SEC Filing as exhibits.
This information is likely to be important for investors and stakeholders who want to get a deeper understanding of the company's operations and financials.
The company's recent press releases have provided valuable insights into their business and growth plans.
According to their press releases, the combined company will be the 3rd largest investor-owned water and wastewater utility in the United States.
This merger is expected to provide increased scale and geographic diversity, which will drive growth, serve customers, and create opportunities for employees.
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Understand Company Performance
Understanding a company's performance is crucial for making informed investment decisions. Connecticut Water Service, Inc. has a decade-long track record of financial data, with over 70 growth, profitability, and financial ratios to analyze.
The company's performance can be gauged by its ability to sustain growth over the years. Connecticut Water Service, Inc. has shown consistent growth in its revenue, with a 10-year trend that can be studied in detail.
Analyzing financial ratios is essential to understand a company's financial health. Over 70 financial ratios of Connecticut Water Service, Inc. can be compared over 10 years to get a comprehensive picture.
A company's profitability is a key indicator of its financial performance. Connecticut Water Service, Inc. has reported a stable profitability trend over the years.
By examining the company's financial data, investors can make more informed decisions about their investments.
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Frequently Asked Questions
Is Connecticut Water a private company?
No, Connecticut Water is a public water utility, not a private company. It is regulated by the Connecticut Public Utilities Regulatory Authority (PURA).
How do I contact CT water?
To contact CT Water, call our Customer Service department at 1.800.286.5700. Reach out to us for assistance with your bill or water usage questions.
Why is my CT water bill so high?
A high CT water bill may be caused by a leaky toilet or other plumbing issue. Check out our Ways to Reduce Your Bill for more information and tips to lower your water usage.
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