Xcel Energy Balance Sheet Health
Financial Health criteria checks 0/6
Xcel Energy has a total shareholder equity of $19.4B and total debt of $28.7B, which brings its debt-to-equity ratio to 148.2%. Its total assets and total liabilities are $69.3B and $49.9B respectively. Xcel Energy's EBIT is $2.7B making its interest coverage ratio 2.3. It has cash and short-term investments of $1.6B.
Key information
148.2%
Debt to equity ratio
US$28.67b
Debt
| Interest coverage ratio | 2.3x |
| Cash | US$1.56b |
| Equity | US$19.35b |
| Total liabilities | US$49.93b |
| Total assets | US$69.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XCEL's short term assets ($5.5B) do not cover its short term liabilities ($5.9B).
Long Term Liabilities: XCEL's short term assets ($5.5B) do not cover its long term liabilities ($44.1B).
Debt to Equity History and Analysis
Debt Level: XCEL's net debt to equity ratio (140.1%) is considered high.
Reducing Debt: XCEL's debt to equity ratio has increased from 141.9% to 148.2% over the past 5 years.
Debt Coverage: XCEL's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: XCEL's interest payments on its debt are not well covered by EBIT (2.3x coverage).