Avangrid Balance Sheet Health
Financial Health criteria checks 0/6
Avangrid has a total shareholder equity of $20.9B and total debt of $13.0B, which brings its debt-to-equity ratio to 62.1%. Its total assets and total liabilities are $45.1B and $24.2B respectively. Avangrid's EBIT is $1.1B making its interest coverage ratio 2.5. It has cash and short-term investments of $152.0M.
Key information
62.1%
Debt to equity ratio
US$12.97b
Debt
Interest coverage ratio | 2.5x |
Cash | US$152.00m |
Equity | US$20.89b |
Total liabilities | US$24.17b |
Total assets | US$45.06b |
Recent financial health updates
Does Avangrid (NYSE:AGR) Have A Healthy Balance Sheet?
Mar 19These 4 Measures Indicate That Avangrid (NYSE:AGR) Is Using Debt In A Risky Way
Nov 27Avangrid (NYSE:AGR) Use Of Debt Could Be Considered Risky
Aug 18Is Avangrid (NYSE:AGR) Using Too Much Debt?
Dec 20These 4 Measures Indicate That Avangrid (NYSE:AGR) Is Using Debt Extensively
Jun 21Avangrid (NYSE:AGR) Has A Somewhat Strained Balance Sheet
Mar 23Recent updates
Avangrid (NYSE:AGR) Has Affirmed Its Dividend Of $0.44
Apr 29Avangrid, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Apr 26Avangrid (NYSE:AGR) Has Affirmed Its Dividend Of $0.44
Apr 15Does Avangrid (NYSE:AGR) Have A Healthy Balance Sheet?
Mar 19Avangrid (NYSE:AGR) Has Announced A Dividend Of $0.44
Feb 19The Price Is Right For Avangrid, Inc. (NYSE:AGR)
Feb 16Avangrid: There Are Better Utilities To Buy
Dec 27A Look At The Fair Value Of Avangrid, Inc. (NYSE:AGR)
Dec 24These 4 Measures Indicate That Avangrid (NYSE:AGR) Is Using Debt In A Risky Way
Nov 27Avangrid (NYSE:AGR) Is Paying Out A Dividend Of $0.44
Oct 23Avangrid: Dividend Should Be Suspended To Protect Cash
Oct 11Avangrid (NYSE:AGR) Has Announced A Dividend Of $0.44
Aug 28Avangrid (NYSE:AGR) Use Of Debt Could Be Considered Risky
Aug 18Avangrid Inc.: Expanding Wind Farms In Hopes Of Reaching Growth Targets
Jul 28Avangrid (NYSE:AGR) Has Announced A Dividend Of $0.44
Jul 22Are Avangrid, Inc. (NYSE:AGR) Investors Paying Above The Intrinsic Value?
Jun 13Avangrid (NYSE:AGR) Has Affirmed Its Dividend Of $0.44
May 16Avangrid's (NYSE:AGR) Dividend Will Be $0.44
Apr 16Here's Why We Think Avangrid (NYSE:AGR) Is Well Worth Watching
Mar 21Avangrid Non-GAAP EPS of $0.29 misses by $0.11, revenue of $2.16B beats by $350M
Feb 21Avangrid (NYSE:AGR) Has Announced A Dividend Of $0.44
Feb 20Is Avangrid (NYSE:AGR) Using Too Much Debt?
Dec 20Avangrid: Risks Outweigh The Reward
Oct 06Are Avangrid, Inc. (NYSE:AGR) Investors Paying Above The Intrinsic Value?
Sep 05With EPS Growth And More, Avangrid (NYSE:AGR) Makes An Interesting Case
Aug 15Avangrid Non-GAAP EPS of $0.46 beats by $0.13, revenue of $1.79B beats by $180M
Jul 26Avangrid (NYSE:AGR) Will Pay A Dividend Of $0.44
Jul 25Avangrid declares $0.44 dividend
Jul 20These 4 Measures Indicate That Avangrid (NYSE:AGR) Is Using Debt Extensively
Jun 21Avangrid's (NYSE:AGR) Dividend Will Be US$0.44
May 31Avangrid: Sustained Investment Looks Like It Will Bear Fruit
May 24Avangrid (NYSE:AGR) Has Announced A Dividend Of US$0.44
May 12Are Avangrid, Inc. (NYSE:AGR) Investors Paying Above The Intrinsic Value?
Apr 13Avangrid (NYSE:AGR) Has A Somewhat Strained Balance Sheet
Mar 23Financial Position Analysis
Short Term Liabilities: AGR's short term assets ($3.6B) do not cover its short term liabilities ($6.2B).
Long Term Liabilities: AGR's short term assets ($3.6B) do not cover its long term liabilities ($18.0B).
Debt to Equity History and Analysis
Debt Level: AGR's net debt to equity ratio (61.3%) is considered high.
Reducing Debt: AGR's debt to equity ratio has increased from 43% to 62.1% over the past 5 years.
Debt Coverage: AGR's debt is not well covered by operating cash flow (6.7%).
Interest Coverage: AGR's interest payments on its debt are not well covered by EBIT (2.5x coverage).