Duke Energy Balance Sheet Health
Financial Health criteria checks 0/6
Duke Energy has a total shareholder equity of $50.6B and total debt of $81.4B, which brings its debt-to-equity ratio to 160.8%. Its total assets and total liabilities are $178.7B and $128.0B respectively. Duke Energy's EBIT is $7.5B making its interest coverage ratio 2.4. It has cash and short-term investments of $459.0M.
Key information
160.8%
Debt to equity ratio
US$81.41b
Debt
Interest coverage ratio | 2.4x |
Cash | US$459.00m |
Equity | US$50.64b |
Total liabilities | US$128.03b |
Total assets | US$178.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DUKE's short term assets ($12.1B) do not cover its short term liabilities ($15.5B).
Long Term Liabilities: DUKE's short term assets ($12.1B) do not cover its long term liabilities ($112.5B).
Debt to Equity History and Analysis
Debt Level: DUKE's net debt to equity ratio (159.9%) is considered high.
Reducing Debt: DUKE's debt to equity ratio has increased from 129% to 160.8% over the past 5 years.
Debt Coverage: DUKE's debt is not well covered by operating cash flow (13.4%).
Interest Coverage: DUKE's interest payments on its debt are not well covered by EBIT (2.4x coverage).