Debt vs. Capital
Here are the most recent figures on long-term debt and market capitalization for publicly owned companies based in Central Iowa or with substantial operations here.
Market capitalization is determined by multiplying the number of outstanding shares of a company’s stock by the current price per share. Long-term debt figures are as of June 30, 2007, unless otherwise noted.
COMPANY | LONG-TERM DEBT | MARKET RATIO OF DEBT |
CAPITALIZATION TO CAPITAL |
American Equity Investment Life Holding Co. |
$533 million | $566 million | 94% |
Casey’s General Stores Inc. | $200 million (4/30/07) | $1.29 billion | 16% |
EMC Insurance Group Inc. | $0 (3/31/07) | $323 million | 0% |
FBL Financial Group Inc. | $317 million | $1.1 billion | 29% |
Iowa Telecommunications Services Inc. |
$478 million (3/31/07) | $610 million | 78% |
Meredith Corp. | $375 million | $2.6 billion | 14% |
Principal Financial Group Inc. | $1.5 billion | $14.1 billion | 11% |
Sauer-Danfoss Inc. | $187 million (3/31/07) | $1.1 billion | 17% |
Wells Fargo & Co. | $94 billion | $112 billion | 84% |
West Bancorporation Inc. | $124 million | $268 million | 46% |