American Water Works Company, Inc. - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by American Water Works Company, Inc. on December 1, 2009. The filing serves to disclose specific financial computations regarding the company's ability to meet fixed financial 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 12.1, which details the "Computation of the Ratio of Earnings to Fixed Charges and Preferred Stock Dividends."
The computations cover the following periods:
- Fiscal years ended December 31, 2004 through December 31, 2008.
- The nine-month period ended September 30, 2009.
These computations apply to both American Water Works Company, Inc. and American Water Capital Corp.
Material Changes
The filing text does not explicitly state material changes in financial performance versus prior periods. It solely reports the submission of the earnings-to-fixed-charges ratio calculations for the specified historical periods.
Guidance, Outlook, and Risks
The document contains no management commentary, forward-looking guidance, or specific discussion of risks and contingencies. The filing is a procedural disclosure of financial ratios required for compliance.
Investor Verification Checklist
- Review Exhibit 12.1 attached to the filing for the actual numerical values of the Earnings to Fixed Charges and Preferred Stock Dividends ratios.
- Verify the trend of these ratios across the five-year period (2004-2008) and the nine-month period of 2009 to assess debt service coverage.
- Confirm the specific definitions of "Fixed Charges" and "Earnings" used in the computation within the exhibit.