For a utility,funded debt to operating property is a measure of:

Question

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Funded debt to operating property is a measure of debt coverage, which determines the ability of the company to repay its debts using its operating property. This ratio is important for utilities because they typically have large capital expenditures in fixed assets, such as power plants and pipelines, which are used to generate revenue. Therefore, utilities need to maintain a good balance between their debt and operating property to ensure that they can cover their debts and continue to invest in their infrastructure.

For a Utility,funded Debt to Operating Property Is a Measure