NextEra Energy Balance Sheet Health
Financial Health criteria checks 0/6
NextEra Energy has a total shareholder equity of $59.5B and total debt of $82.8B, which brings its debt-to-equity ratio to 139%. Its total assets and total liabilities are $186.0B and $126.5B respectively. NextEra Energy's EBIT is $8.7B making its interest coverage ratio 1.8. It has cash and short-term investments of $2.3B.
Key information
139.0%
Debt to equity ratio
US$82.77b
Debt
| Interest coverage ratio | 1.8x |
| Cash | US$2.26b |
| Equity | US$59.54b |
| Total liabilities | US$126.48b |
| Total assets | US$186.01b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NEXT34's short term assets ($12.2B) do not cover its short term liabilities ($29.6B).
Long Term Liabilities: NEXT34's short term assets ($12.2B) do not cover its long term liabilities ($96.8B).
Debt to Equity History and Analysis
Debt Level: NEXT34's net debt to equity ratio (135.2%) is considered high.
Reducing Debt: NEXT34's debt to equity ratio has increased from 103.8% to 139% over the past 5 years.
Debt Coverage: NEXT34's debt is not well covered by operating cash flow (17.1%).
Interest Coverage: NEXT34's interest payments on its debt are not well covered by EBIT (1.8x coverage).