About this Dataset

Bond Ratings

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.
Organization: City of Austin
Last updated: 2020-11-12T13:26:42.403590
Tags: bond-ratings, credit-quality, debt

Tables

Table 1

@usgov.city_of_austin_bond_ratings.table_1

4.74 KB
37 rows
5 columns


CREATE TABLE table_1 (
  "description_of_debt" VARCHAR,
  "fiscal_year_ended" DOUBLE,
  "fitch_inc" VARCHAR,
  "moody_s_investors_service_inc" VARCHAR,
  "standard_and_poor_s" VARCHAR
);