Description
Austin Energy has consistently maintained high bond ratings. A bond rating is a measure of a company’s credit quality, which includes the ability to repay its debt in a timely fashion. In 2016, two bond rating agencies upgraded their assessments of Austin Energy's creditworthiness, allowing the City of Austin-owned utility to reach a key financial goal of a AA credit rating. Standard & Poor's rated the $1.3 billion utility's bonds at AA Stable, up from AA- Stable. The rating service cited "the electric system's very strong financial performance trend as evidenced by its ability to maintain stronger fixed-charge coverage and total available liquidity levels.
Resources
| Name |
Format |
Description |
Link |
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8 |
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https://data.austintexas.gov/api/views/ewqz-mrzs/rows.csv?accessType=DOWNLOAD |
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23 |
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https://data.austintexas.gov/api/views/ewqz-mrzs/rows.json?accessType=DOWNLOAD |
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55 |
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https://data.austintexas.gov/api/views/ewqz-mrzs/rows.xml?accessType=DOWNLOAD |
|
40 |
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https://data.austintexas.gov/api/views/ewqz-mrzs/rows.rdf?accessType=DOWNLOAD |
Tags
- bond-ratings
- credit-quality
- debt