Eversource Energy Balance Sheet Health
Financial Health criteria checks 1/6
Eversource Energy has a total shareholder equity of $14.7B and total debt of $28.3B, which brings its debt-to-equity ratio to 192.4%. Its total assets and total liabilities are $57.3B and $42.6B respectively. Eversource Energy's EBIT is $2.6B making its interest coverage ratio 3.2. It has cash and short-term investments of $259.2M.
Key information
192.4%
Debt to equity ratio
US$28.29b
Debt
Interest coverage ratio | 3.2x |
Cash | US$259.21m |
Equity | US$14.70b |
Total liabilities | US$42.62b |
Total assets | US$57.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ES's short term assets ($4.9B) do not cover its short term liabilities ($6.4B).
Long Term Liabilities: ES's short term assets ($4.9B) do not cover its long term liabilities ($36.3B).
Debt to Equity History and Analysis
Debt Level: ES's net debt to equity ratio (190.7%) is considered high.
Reducing Debt: ES's debt to equity ratio has increased from 128.7% to 192.4% over the past 5 years.
Debt Coverage: ES's debt is not well covered by operating cash flow (6.6%).
Interest Coverage: ES's interest payments on its debt are well covered by EBIT (3.2x coverage).