American Electric Power's Debt Overview
Portfolio Pulse from Benzinga Insights
American Electric Power Inc.'s (NASDAQ:AEP) shares fell by 10.15% in the past three months. The company's total debt stands at $43.21 billion, with $36.24 billion in long-term debt and $6.97 billion in current debt. After adjusting for $343.50 million in cash-equivalents, the net debt is $42.86 billion. The company's debt-ratio is 0.46, indicating a moderate level of financial leverage.
July 07, 2023 | 1:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
American Electric Power's shares have fallen significantly in the past three months. The company's debt levels and debt-ratio suggest a moderate level of financial leverage, which could impact its future performance.
American Electric Power's shares have fallen by over 10% in the past three months, which could be a cause for concern for investors. Additionally, the company's debt levels and debt-ratio suggest a moderate level of financial leverage, which could impact its ability to finance its operations and could increase its risk of defaulting on its loans, especially if interest rates were to increase. This could potentially have a negative impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100