Caribbean Utilities Company, Ltd chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 5.93
Dividend & Yield0.70C$ (4.75%)
Beta 0.59
Market capitalization 559.05M
Operating cash flow 64.16M
ESG Scores unknown

Company description

Caribbean Utilities Company, Ltd. generates and distributes electricity in Grand Cayman, the Cayman Islands. The company generates electricity using diesel. As of December 31, 2021, its installed generating capacity is 161 megawatts. It also operates a transmission and distribution system, including 8 transformer substations with approximately 387 miles of overhead high-voltage, 53.8 miles of underground high-voltage, and 14 miles of high-voltage submarine cables. The company also provides telecommunication services. The company was founded in 1966 and is headquartered in Grand Cayman, the Cayman Islands. Caribbean Utilities Company, Ltd. is a subsidiary of Fortis Energy (Bermuda) Ltd.

Sector: Utilities - Industry: Utilities—Regulated Electric

Financial Ratios
Quick Ratio0.86
Working Capital-12.21
Return On Equity0.1
Debt To Equity0.93
Fixed Asset Ratio0.01
Fixed Interest Cover2.3

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 9.67M -9.48M -6.38M 7.94M
Total Cashflows From Investing Activities -57.16M -61.6M -56.28M -63.13M
Net Borrowings 15.28M 35.29M -14.86M -14.13M
Total Cash From Financing Activities -5.65M 14.46M 11.69M -37.11M
Change To Operating Activities -2.31M 2.58M 2.25M -6.46M
Issuance Of Stock 3.01M 3.46M 51.6M 1.56M
Net Income 26.77M 29.1M 26.07M 30.32M
Change In Cash 1.43M 14.98M 21.92M -38.23M
Effect Of Exchange Rate
Total Cash From Operating Activities 64.24M 62.11M 66.51M 62.01M
Depreciation 33.26M 35.55M 38.38M 39.14M
Change To Account Receivables -3.08M 3.48M 4.98M -7.21M
Other Cashflows From Financing Activities
Change To Netincome 1.08M 1.08M
Capital Expenditures -59.51M -60.51M -56.47M -62.04M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 26.77M 29.1M 26.07M 30.32M
Net Income 26.77M 29.1M 26.07M 30.32M
Selling General Administrative 10.86M 11.44M 11M 12.42M
Gross Profit 73.15M 77.22M 78.23M 81.78M
Ebit 28.39M 29.47M 28.86M 30.22M
Operating Income 28.39M 29.47M 28.86M 30.22M
Interest Expense -13.2M -14M -14.44M -13.14M
Income Tax Expense
Total Revenue 194.58M 203.25M 177.45M 198.48M
Cost Of Revenue 121.43M 126.02M 99.22M 116.7M
Total Other Income ExpenseNet -1.62M -369k -2.79M 96k
Net Income From Continuing Ops 26.77M 29.1M 26.07M 30.32M
Net Income Applicable To Common Shares 25.8M 28.13M 25.09M 29.35M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 332.37M 362.48M 344.17M 336.27M
Total Stockholder Equity 230.13M 237.69M 289.25M 297.63M
Other Current Liabilities 11.33M 13.43M 15.86M 14.63M
Total Assets 562.75M 600.42M 633.67M 634.15M
Common Stock 1.98M 1.99M 2.21M 2.22M
Other Current Assets 21.43M 18.14M 18.2M 24.75M
Retained Earnings 102.48M 107.28M 108.29M 111.6M
Treasury Stock -1.17M -1.86M -2.92M -1.89M
Cash 8.69M 23.66M 45.59M 7.36M
Total Current Liabilities 88.27M 52.13M 47.11M 55.75M
Other Stockholder Equity -1.17M -1.86M -2.92M -1.89M
Property, Plant, and Equipment 511.13M 537.99M 554.49M 576.92M
Total Current Assets 48.51M 58.44M 75.12M 53.27M
Net Tangible Assets 228.02M 234.98M 286.28M 294.35M
Net Receivables 12.61M 9.13M 4.14M 11.34M
Accounts Payable 12.86M 5.5M 4.43M 3.4M


Insider Transactions

Here are the insider transactions of stock shares related to Caribbean Utilities Company, Ltd:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Ebanks (Sheree L.)Acquisition or disposition under a purchase/ownership plan at price 15.15 per share.I2022-09-15Director of Issuer22
Ebanks (Sheree L.)Acquisition or disposition under a purchase/ownership plan at price 15.15 per share.I2022-09-15Director of Issuer33
Ebanks (Sheree L.)Acquisition or disposition under a purchase/ownership plan at price 15.15 per share.I2022-09-15Director of Issuer12
Hew (J.F. Richard)Acquisition or disposition under a purchase/ownership plan at price 15.15 per share.I2022-09-15Director of Issuer14
Hew (J.F. Richard)Acquisition or disposition under a purchase/ownership plan at price 15.15 per share.I2022-09-15Director of Issuer14
Hew (J.F. Richard)Acquisition or disposition under a purchase/ownership plan at price 15.15 per share.I2022-09-15Director of Issuer14
Hew (J.F. Richard)Acquisition or disposition under a purchase/ownership plan at price 15.15 per share.I2022-09-15Director of Issuer444
Macfee (Mark Roderick)Acquisition or disposition under a purchase/ownership plan at price 15.15 per share.D2022-09-15Director of Issuer32
Tibbetts (Sacha Nikolai)Acquisition or disposition under a purchase/ownership plan at price 15.15 per share.D2022-09-15Senior Officer of Issuer66
Dilbert (Jennifer Pearl)Acquisition or disposition under a purchase/ownership plan at price 11.79 per share.D2022-06-15Director of Issuer1.95k
Ebanks (Sheree L.)Acquisition or disposition under a purchase/ownership plan at price 15.20 per share.I2022-06-15Director of Issuer12
Ebanks (Sheree L.)Acquisition or disposition under a purchase/ownership plan at price 15.20 per share.I2022-06-15Director of Issuer22
Ebanks (Sheree L.)Acquisition or disposition under a purchase/ownership plan at price 15.20 per share.I2022-06-15Director of Issuer33
Hew (J.F. Richard)Acquisition or disposition under a purchase/ownership plan at price 15.20 per share.I2022-06-15Director of Issuer14
Hew (J.F. Richard)Acquisition or disposition under a purchase/ownership plan at price 15.20 per share.I2022-06-15Director of Issuer14
Hew (J.F. Richard)Acquisition or disposition under a purchase/ownership plan at price 15.20 per share.I2022-06-15Director of Issuer14
Macfee (Mark Roderick)Acquisition or disposition under a purchase/ownership plan at price 15.20 per share.D2022-06-15Director of Issuer82
Tibbetts (Sacha Nikolai)Acquisition or disposition under a purchase/ownership plan at price 15.20 per share.D2022-06-15Senior Officer of Issuer65
Watler, DavidAcquisition or disposition under a purchase/ownership plan at price 15.20 per share.D2022-06-15Senior Officer of Issuer192
Watler, DavidAcquisition or disposition under a purchase/ownership plan at price 15.20 per share.I2022-06-15Senior Officer of Issuer4
Watler, DavidAcquisition or disposition under a purchase/ownership plan at price 15.20 per share.I2022-06-15Senior Officer of Issuer18
Watler, DavidAcquisition or disposition under a purchase/ownership plan at price 15.20 per share.I2022-06-15Senior Officer of Issuer2
Dilbert (Jennifer Pearl)Acquisition or disposition carried out privately at price 15.04 per share.D2022-05-20Director of Issuer1k
Ebanks (Sheree L.)Acquisition or disposition under a purchase/ownership plan at price 14.87 per share.I2022-03-15Director of Issuer12
Ebanks (Sheree L.)Acquisition or disposition under a purchase/ownership plan at price 14.87 per share.I2022-03-15Director of Issuer44
Ebanks (Sheree L.)Acquisition or disposition under a purchase/ownership plan at price 14.87 per share.I2022-03-15Director of Issuer33
Ebanks (Sheree L.)I2022-03-15Director of Issuer4.05k
Hew (J.F. Richard)Acquisition or disposition under a purchase/ownership plan at price 14.87 per share.I2022-03-15Director of Issuer442
Hew (J.F. Richard)Acquisition or disposition under a purchase/ownership plan at price 14.87 per share.I2022-03-15Director of Issuer14
Hew (J.F. Richard)Acquisition or disposition under a purchase/ownership plan at price 14.87 per share.I2022-03-15Director of Issuer14
Hew (J.F. Richard)Acquisition or disposition under a purchase/ownership plan at price 14.87 per share.I2022-03-15Director of Issuer14
Macfee (Mark Roderick)Acquisition or disposition under a purchase/ownership plan at price 14.87 per share.D2022-03-15Director of Issuer56
Ritch (David E)Acquisition or disposition under a purchase/ownership plan at price 14.87 per share.I2022-03-15Director of Issuer96
Ritch (David E)Acquisition or disposition under a purchase/ownership plan at price 14.87 per share.I2022-03-15Director of Issuer18
Thomson (Peter A.)Acquisition or disposition under a purchase/ownership plan at price 14.87 per share.I2022-03-15Director of Issuer67
Thomson (Peter A.)Acquisition or disposition under a purchase/ownership plan at price 14.87 per share.I2022-03-15Director of Issuer54
Thomson (Peter A.)Acquisition or disposition under a purchase/ownership plan at price 14.87 per share.I2022-03-15Director of Issuer116
Tibbetts (Sacha Nikolai)Acquisition or disposition under a purchase/ownership plan at price 14.87 per share.D2022-03-15Senior Officer of Issuer66
Watler, DavidAcquisition or disposition under a purchase/ownership plan at price 14.87 per share.D2022-03-15Senior Officer of Issuer609
Watler, DavidAcquisition or disposition under a purchase/ownership plan at price 14.87 per share.I2022-03-15Senior Officer of Issuer4
Watler, DavidAcquisition or disposition under a purchase/ownership plan at price 14.87 per share.I2022-03-15Senior Officer of Issuer18
Watler, DavidAcquisition or disposition under a purchase/ownership plan at price 14.87 per share.I2022-03-15Senior Officer of Issuer2
Ritch (David E)Acquisition or disposition carried out privately at price 14.99 per share.D2022-03-04Director of Issuer4.18k
Ebanks (Sheree L.)Acquisition or disposition under a purchase/ownership plan at price 15.04 per share.I2021-12-15Director of Issuer12
Ebanks (Sheree L.)Acquisition or disposition under a purchase/ownership plan at price 15.04 per share.I2021-12-15Director of Issuer22
Ebanks (Sheree L.)Acquisition or disposition under a purchase/ownership plan at price 15.04 per share.I2021-12-15Director of Issuer33
Hew (J.F. Richard)Acquisition or disposition under a purchase/ownership plan at price 15.04 per share.I2021-12-15Director of Issuer13
Hew (J.F. Richard)Acquisition or disposition under a purchase/ownership plan at price 15.04 per share.I2021-12-15Director of Issuer13
Hew (J.F. Richard)Acquisition or disposition under a purchase/ownership plan at price 15.04 per share.I2021-12-15Director of Issuer13
Hew (J.F. Richard)Acquisition or disposition under a purchase/ownership plan at price 15.04 per share.I2021-12-15Director of Issuer432
Macfee (Mark Roderick)Acquisition or disposition under a purchase/ownership plan at price 15.04 per share.D2021-12-15Director of Issuer504

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Caribbean Utilities Company, Ltd. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Caribbean Utilities Company, Ltd

Here is the result of two systematic investment strategies applied to Caribbean Utilities Company, Ltd. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Caribbean Utilities Company, Ltd

The following chart shows the equity curve of the two systematic investment strategies applied to Caribbean Utilities Company, Ltd:

Caribbean Utilities Company, Ltd automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -0.51% on the backtest period.

Performance at glance

Performance

-0.51 %

Latent gain

-5.11 C$

Invested capital

1010.11 C$

Annualized return

-0.39 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on Caribbean Utilities Company, Ltd

This is the result of two momentum investment strategies applied to Caribbean Utilities Company, Ltd. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Caribbean Utilities Company, Ltd

The following chart shows all the entries opened by the momentum investment system on Caribbean Utilities Company, Ltd:

Caribbean Utilities Company, Ltd momentum entries
  • The first momentum investment strategy would give 1.21% of return on Caribbean Utilities Company, Ltd. That represents 36.55C$ of latent gain with 3023.45C$ of employed capital.
  • The second momentum investment strategy would give 1.11% of return on Caribbean Utilities Company, Ltd. That represents 19.55C$ of latent gain with 1765.45C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

1.21 %

Latent gain

36.55 C$

Invested capital

3023.45 C$

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

1.11 %

Latent gain

19.55 C$

Invested capital

1765.45 C$

Annualized return

1.35 %

Momentum equity curve on Caribbean Utilities Company, Ltd

The following chart shows the equity curve of the two momentum strategies applied to Caribbean Utilities Company, Ltd:

Caribbean Utilities Company, Ltd momentum equity

Note: the dividends potentially given by Caribbean Utilities Company, Ltd are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Caribbean Utilities Company, Ltd

The following chart shows the employed capital evolution of the two momentum strategies on Caribbean Utilities Company, Ltd since the beginning:

Caribbean Utilities Company, Ltd

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on Caribbean Utilities Company, Ltd

Buy the dip entry openings on Caribbean Utilities Company, Ltd

Caribbean Utilities Company, Ltd

The performance achieved by the robo-advisor on Caribbean Utilities Company, Ltd is 0%. That represents 0.0$ of latent gain with 0.0C$ of employed capital. The following chart shows Caribbean Utilities Company, Ltd stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Caribbean Utilities Company, Ltd, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 C$

Invested capital

0.0 C$

Annualized return

-0.0 %

Equity curve of the strategy applied to Caribbean Utilities Company, Ltd

The following chart shows the result of the investment strategy applied to Caribbean Utilities Company, Ltd:

Caribbean Utilities Company, Ltd

Note: the dividends potentially given by Caribbean Utilities Company, Ltd are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Caribbean Utilities Company, Ltd

The following chart shows the employed capital evolution since the beginning of the investment strategy on Caribbean Utilities Company, Ltd:

Caribbean Utilities Company, Ltd

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Caribbean Utilities Company, Ltd

In this section, I will compare the three previous investment strategies applied to Caribbean Utilities Company, Ltd.

Equity curve comparison on Caribbean Utilities Company, Ltd

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Caribbean Utilities Company, Ltd investment strategy comparison

Employed capital comparison on Caribbean Utilities Company, Ltd

Caribbean Utilities Company, Ltd investment comparison

Performance comparison on Caribbean Utilities Company, Ltd

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -0.51% -5.11C$ 1010.11C$ -0.39%
Momentum 1 quarter 1.21% 36.55C$ 3023.45C$ 1.14%
Momentum 2 quarters 1.11% 19.55C$ 1765.45C$ 1.35%
Non-directional 0% 0.0C$ 0.0C$ -0.0%
Annualized return comparison

Automatic investment

-0.39 %

Momentum 1Q

1.35 %

Momentum 2Q

1.35 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Caribbean Utilities Company, Ltd:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Caribbean Utilities Company, Ltd and the other stocks. There may be false positives or some missing correlated stocks. If the price of Caribbean Utilities Company, Ltd does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Caribbean Utilities Company, Ltd
Country Cayman Islands
City Grand Cayman
Address 457 North Sound Road
Phone
Website www.cuc-cayman.com
FullTime employees 243
Industry Utilities—Regulated Electric
Sector Utilities
Exchange XTSE
Ticker CUP-U.XTSE
Market

Caribbean Utilities Company, Ltd ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown