What is the debt of the AEP? (2024)

What is the debt of the AEP?

American Electric Power long term debt for the quarter ending September 30, 2023 was $36.716B, a 9.12% increase year-over-year. American Electric Power long term debt for 2022 was $33.626B, a 7.43% increase from 2021. American Electric Power long term debt for 2021 was $31.301B, a 7.98% increase from 2020.

How much debt does AEP have?

As you can see below, at the end of June 2023, American Electric Power Company had US$44.0b of debt, up from US$37.6b a year ago. Click the image for more detail. Net debt is about the same, since the it doesn't have much cash.

What is the stock debt to equity ratio for AEP?

Financial Position

The company has a current ratio of 0.60, with a Debt / Equity ratio of 1.69.

Is AEP a good long term investment?

While AEP isn't going to deliver out-of-this-word growth, the benefits of reinvesting your dividends over time will pay off in the long-term, making it a worthwhile pick for buy-and-hold investors.

Is AEP dividend safe?

Our metric indicating of the reliability of the dividend is 0.98 out of max. 1.0. This indicates a very reliable dividend payer in the past. Furthermore, analysts expect the dividend for the current business year to increase by 6.23%.

Who owns the largest debt in us?

U.S. Treasury Securities Holders by Type

The largest holder of U.S. debt is the U.S government. Which agencies own the most Treasury notes, bills, and bonds? Social Security, by a long shot. The U.S. Treasury publishes this information in its monthly Treasury statement.

What is the annual profit of AEP?

American Electric Power annual gross profit for 2022 was $12.542B, a 10.74% increase from 2021. American Electric Power annual gross profit for 2021 was $11.326B, a 7.36% increase from 2020. American Electric Power annual gross profit for 2020 was $10.549B, a 0.89% increase from 2019.

What is analyst rating for AEP stock?

What is a good debt ratio for a stock?

In general, many investors look for a company to have a debt ratio between 0.3 and 0.6. From a pure risk perspective, debt ratios of 0.4 or lower are considered better, while a debt ratio of 0.6 or higher makes it more difficult to borrow money.

What is a good debt-to-equity ratio?

Generally, a good debt to equity ratio is around 1 to 1.5. However, the ideal debt to equity ratio will vary depending on the industry, as some industries use more debt financing than others.

Is AEP a buy or sell?

American Electric Power stock has received a consensus rating of buy. The average rating score is and is based on 52 buy ratings, 10 hold ratings, and 1 sell ratings.

Why is AEP stock so low?

AEP' has a weak valuation at its current share price on account of a overvalued PEG ratio due to strong growth. AEP's PE and PEG are worse than the market average leading to a below average valuation score.

What is the future of AEP stock?

On average, Wall Street analysts predict that American Electric Power Co's share price could reach $88.00 by Jan 22, 2025. The average American Electric Power Co stock price prediction forecasts a potential upside of 14.79% from the current AEP share price of $76.66.

What is the safest dividend stock to buy now?

Is AEP undervalued?

Summary. AEP' has a weak valuation at its current share price on account of a overvalued PEG ratio due to strong growth. AEP's PE and PEG are worse than the market average leading to a below average valuation score.

How often does AEP pay dividends?

American Electric Power Company, Inc.'s ( AEP ) ex-dividend date is February 8, 2024 , which means that buyers purchasing shares on or after that date will not be eligible to receive the next dividend payment. American Electric Power Company, Inc. ( AEP ) pays dividends on a quarterly basis.

Who does US owe 31 trillion to?

Intragovernmental debt accounts for 26 percent or $5.9 trillion. The public includes foreign investors and foreign governments. These two groups account for 30 percent of the debt. Individual investors and banks represent 15 percent of the debt.

Who owns over 70% of the US debt?

Who owns the most U.S. debt? Around 70 percent of U.S. debt is held by domestic financial actors and institutions in the United States. U.S. Treasuries represent a convenient, liquid, low-risk store of value.

Is China in more debt than the US?

Debt as a share of GDP has risen to about the same level as in the United States, while in dollar terms China's total debt ($47.5 trillion) is still markedly below that of the United States (close to $70 trillion). As for non-financial corporate debt, China's 28 percent share is the largest in the world.

How does AEP make money?

On the surface, AEP makes its money by moving and selling electricity -- but there's a little bit more to the story that you need to know if you are interested in buying the stock. With the background you now have, however, you can do a deep dive into the financials to see if AEP is worth the price of admission.

Why is AEP selling renewables?

“This sale is part of our strategy to streamline and de-risk the business and focus on our regulated operations,” said Julie Sloat, AEP president and chief executive officer. “Over the next five years, we plan to invest nearly $40 billion primarily in our regulated wires and generation businesses.

Is AEP a big company?

As one of the largest electric energy companies in the U.S., we power millions of homes and businesses. We're working together with our customers and communities to create the future of energy.

How much debt is normal?

Average consumer household debt in 2023

According to Experian, average total consumer household debt in 2023 is $104,215. That's up 11% from 2020, when average total consumer debt was $92,727.

How much debt is bad?

Debt-to-income ratio targets

Generally speaking, a good debt-to-income ratio is anything less than or equal to 36%. Meanwhile, any ratio above 43% is considered too high.

How much debt is acceptable?

35% or less: Looking Good - Relative to your income, your debt is at a manageable level. You most likely have money left over for saving or spending after you've paid your bills. Lenders generally view a lower DTI as favorable.