For Release: July 06, 2015
Contact: Brad Captain, Corporate Relations Group
Financial Ratios Point to Strong Management of Electric Co-ops
DULLES, Va.—The National Rural Utilities Cooperative Finance Corporation (CFC) has compiled and released final data from its 2014 Key Ratio Trend Analysis (KRTA), an annual assessment of financial trends among electric distribution cooperatives nationwide.
“Many parts of the country served by electric cooperatives are still experiencing relatively flat economic growth following the recession. Despite this, KRTA data show that electric co-ops are maintaining strong financials,” said Steve Kettler, CFC senior vice president, Strategic Services Group. “Electric co-ops are making sound management decisions in running their businesses and serving their members.”
Notable trends include:
The most recent KRTA data are based on information submitted by 813 electric cooperatives for the year ending Dec. 31, 2014.
Except as required by law, CFC undertakes no obligation to update or publicly release any revisions to statements in this press release to reflect events, circumstances or changes in expectations after the date on which the release is issued.
The National Rural Utilities Cooperative Finance Corporation (CFC) is a nonprofit finance cooperative created and owned by America’s electric cooperative network. With more than $22 billion in assets, CFC is committed to providing unparalleled industry expertise, flexibility and responsiveness to serve the needs of our member-owners. CFC is an equal opportunity provider and employer. Visit us online at www.nrucfc.coop.
CFC developed the KRTA in 1975 to provide electric cooperative managers and board members a complete picture of their system’s financial performance and to help them analyze results compared with medians from other electric cooperatives. Medians are used as opposed to averages, which can be skewed by extreme responses. The KRTA is based on unaudited data reported by electric distribution cooperatives.