Power Corporation of Canada Balance Sheet Health
Financial Health criteria checks 5/6
Power of Canada has a total shareholder equity of CA$42.5B and total debt of CA$20.3B, which brings its debt-to-equity ratio to 47.8%. Its total assets and total liabilities are CA$822.5B and CA$780.0B respectively. Power of Canada's EBIT is CA$5.3B making its interest coverage ratio 7. It has cash and short-term investments of CA$179.2B.
Key information
47.8%
Debt to equity ratio
CA$20.34b
Debt
| Interest coverage ratio | 7x |
| Cash | CA$179.21b |
| Equity | CA$42.51b |
| Total liabilities | CA$780.04b |
| Total assets | CA$822.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: POW.PRE's short term assets (CA$200.3B) exceed its short term liabilities (CA$2.3B).
Long Term Liabilities: POW.PRE's short term assets (CA$200.3B) do not cover its long term liabilities (CA$777.7B).
Debt to Equity History and Analysis
Debt Level: POW.PRE has more cash than its total debt.
Reducing Debt: POW.PRE's debt to equity ratio has reduced from 48.1% to 47.8% over the past 5 years.
Debt Coverage: POW.PRE's debt is well covered by operating cash flow (27.9%).
Interest Coverage: POW.PRE's interest payments on its debt are well covered by EBIT (7x coverage).