CenterPoint Energy Balance Sheet Health
Financial Health criteria checks 1/6
CenterPoint Energy has a total shareholder equity of $10.5B and total debt of $19.9B, which brings its debt-to-equity ratio to 188.7%. Its total assets and total liabilities are $42.9B and $32.4B respectively. CenterPoint Energy's EBIT is $1.8B making its interest coverage ratio 2.2. It has cash and short-term investments of $678.0M.
Key information
188.7%
Debt to equity ratio
US$19.88b
Debt
| Interest coverage ratio | 2.2x |
| Cash | US$678.00m |
| Equity | US$10.54b |
| Total liabilities | US$32.36b |
| Total assets | US$42.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: C1NP34's short term assets ($4.3B) exceed its short term liabilities ($3.8B).
Long Term Liabilities: C1NP34's short term assets ($4.3B) do not cover its long term liabilities ($28.5B).
Debt to Equity History and Analysis
Debt Level: C1NP34's net debt to equity ratio (182.2%) is considered high.
Reducing Debt: C1NP34's debt to equity ratio has increased from 178.3% to 188.7% over the past 5 years.
Debt Coverage: C1NP34's debt is not well covered by operating cash flow (10.4%).
Interest Coverage: C1NP34's interest payments on its debt are not well covered by EBIT (2.2x coverage).