SEC Filing Summary: American Water Works Company, Inc.
Business Context and Reporting Period
This Form 8-K was filed on November 14, 2016, by American Water Works Company, Inc. The report serves to disclose specific financial computations regarding the company's ability to meet fixed obligations.
Key Financial Metrics
The filing does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. Instead, it incorporates by reference Exhibit 99.1, which details the "Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends" for the following periods:
- Fiscal years ended December 31, 2011 through 2015.
- The nine-month period ended September 30, 2016.
The filing text itself does not state the calculated ratio values or the underlying financial figures.
Material Changes
The filing does not describe material changes in financial performance or position compared to prior periods. It is a procedural filing to make the fixed charge coverage ratio computations available to investors.
Guidance, Outlook, and Risks
The document contains no management commentary, forward-looking guidance, risk factors, or discussion of unusual items. Its sole purpose is the disclosure of the fixed charge coverage ratio data.
Investor Verification Checklist
- Review Exhibit 99.1 to obtain the actual computed ratios of earnings to combined fixed charges and preferred stock dividends.
- Verify the specific earnings and fixed charge figures used in the computations for the nine months ended September 30, 2016.
- Compare the 2016 partial-year ratio against the full-year historical ratios (2011-2015) found in the exhibit to assess debt service coverage trends.