Summary
American Water Works Company, Inc. (AWK) filed an 8-K on November 14, 2016, primarily to disclose its Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends. This information pertains to historical financial performance for the fiscal years ending December 31, 2011 through 2015, and the nine-month period ending September 30, 2016. The filing incorporates by reference Exhibit 99.1, which contains the detailed computation of this crucial financial metric.
Key Highlights
- 1Disclosure of the Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends for historical periods.
- 2The filing covers the fiscal years 2011-2015 and the first nine months of 2016.
- 3This ratio is a key indicator of a company's ability to meet its fixed financial obligations.
- 4The report is an 8-K filing, indicating it's a significant event or disclosure.
- 5Exhibit 99.1 contains the detailed calculation of the specified ratio.
- 6The filing date is November 14, 2016.
Frequently Asked Questions
The primary purpose of this 8-K filing is to publicly disclose American Water Works Company, Inc.'s historical Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends for the years 2011 through 2015 and the nine-month period ending September 30, 2016.
This ratio is a key financial metric that indicates a company's ability to cover its interest expenses and preferred stock dividends with its earnings. A higher ratio generally suggests a stronger ability to meet these obligations, which is favorable for investors assessing financial stability and risk.
The detailed computation of the Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends is provided in Exhibit 99.1, which is incorporated by reference into this Form 8-K filing.
This particular 8-K filing is primarily historical in nature, focusing on the computation of past financial ratios. It does not appear to contain new forward-looking statements or updated financial guidance beyond the historical data presented.