Power Corporation of Canada Balance Sheet Health
Financial Health criteria checks 4/6
Power of Canada has a total shareholder equity of CA$41.3B and total debt of CA$20.2B, which brings its debt-to-equity ratio to 49%. Its total assets and total liabilities are CA$749.5B and CA$708.2B respectively. Power of Canada's EBIT is CA$4.2B making its interest coverage ratio 5.7. It has cash and short-term investments of CA$173.8B.
Key information
49.0%
Debt to equity ratio
CA$20.20b
Debt
| Interest coverage ratio | 5.7x |
| Cash | CA$173.83b |
| Equity | CA$41.27b |
| Total liabilities | CA$708.21b |
| Total assets | CA$749.48b |
Recent financial health updates
No updates
Recent updates
Fewer Investors Than Expected Jumping On Power Corporation of Canada (TSE:POW)
Mar 02
Power Corporation of Canada (TSE:POW) Has Announced A Dividend Of CA$0.495
Dec 22Power Corporation of Canada (TSE:POW) Has Announced A Dividend Of CA$0.495
Nov 30Power Corporation of Canada (TSE:POW) Has Affirmed Its Dividend Of CA$0.495
Nov 16Here's Why Power Corporation of Canada (TSE:POW) Has Caught The Eye Of Investors
Jul 31Here's Why We Think Power Corporation of Canada (TSE:POW) Is Well Worth Watching
Apr 29Power Corporation of Canada (TSE:POW) Just Released Its Yearly Earnings: Here's What Analysts Think
Mar 21Should You Be Adding Power Corporation of Canada (TSE:POW) To Your Watchlist Today?
Jan 12Power Corporation of Canada's (TSE:POW) Dividend Will Be CA$0.45
Nov 16If You Like EPS Growth Then Check Out Power Corporation of Canada (TSE:POW) Before It's Too Late
Oct 11Power Corporation of Canada's (TSE:POW) Dividend Will Be CA$0.45
Sep 11Power Corporation of Canada (TSE:POW) Has Re-Affirmed Its Dividend Of CA$0.45
Aug 12Should You Be Adding Power Corporation of Canada (TSE:POW) To Your Watchlist Today?
Jun 13Financial Position Analysis
Short Term Liabilities: POW's short term assets (CA$222.3B) exceed its short term liabilities (CA$9.5B).
Long Term Liabilities: POW's short term assets (CA$222.3B) do not cover its long term liabilities (CA$698.7B).
Debt to Equity History and Analysis
Debt Level: POW has more cash than its total debt.
Reducing Debt: POW's debt to equity ratio has increased from 46.8% to 49% over the past 5 years.
Debt Coverage: POW's debt is well covered by operating cash flow (29.4%).
Interest Coverage: POW's interest payments on its debt are well covered by EBIT (5.7x coverage).