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WEC Energy Group WEC Electric Utility — Purchase Obligation Due In Next Twelve Months

Discontinued — last reported Q4 '15

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$1.1B
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EIXElectric Utility — Derivative Liabilities Current
$196M

Other financials

Income statement

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Revenue$3.4B+9.0%
Gross profit$2.0B+3.0%
Operating income$980.0M+4.5%
Net income$806.1M+11.1%
EPS (diluted)$2.45+7.9%

Balance sheet

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Cash & equivalents$107.3M-25.2%
Total debt$21.8B+22.6%
Total equity$14.6B+8.5%
Total assets$51.7B+7.3%

Cash flow

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Operating cash flow$1.2B+4.8%
CapEx$817.9M+16.7%
Free cash flow$400.5M-13.2%

Valuation

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Market cap$36.54B+8.9%
Enterprise value$58.23B+13.6%
P/E22.3×+1.7×
P/S3.6×-0.1×

Profitability

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Gross margin65.4%-2.7pp
Operating margin22.7%-2.4pp
Net margin16.2%-1.7pp
FCF margin-10.7%

Returns & leverage

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Return on equity11.7%-0.9pp
Debt / equity1.5×+0.2×
Current ratio0.7×+0.2×

Where this comes from

Reported directly by WEC Energy Group in its filing.

Tagged under the XBRL concept us-gaap:PurchaseObligationDueInNextTwelveMonths.

The official record: WEC Energy Group’s 10-K, filed February 26, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does electric utility — purchase obligation due in next twelve months mean?
The value of contractual purchase obligations for the electric utility segment due within the next year.
How do you interpret electric utility — purchase obligation due in next twelve months?
Higher values indicate increased near-term cash requirements, which must be managed against available liquidity and operating cash flow.
How does electric utility — purchase obligation due in next twelve months compare across companies?
Standard component of the contractual obligations maturity schedule required in SEC filings for utility companies.