Power Corporation of Canada Balance Sheet Health
Financial Health criteria checks 4/6
Power of Canada has a total shareholder equity of CA$41.6B and total debt of CA$20.1B, which brings its debt-to-equity ratio to 48.4%. Its total assets and total liabilities are CA$775.5B and CA$733.9B respectively. Power of Canada's EBIT is CA$4.9B making its interest coverage ratio 6.6. It has cash and short-term investments of CA$174.7B.
Key information
48.4%
Debt to equity ratio
CA$20.13b
Debt
Interest coverage ratio | 6.6x |
Cash | CA$174.73b |
Equity | CA$41.62b |
Total liabilities | CA$733.88b |
Total assets | CA$775.51b |
Recent financial health updates
No updates
Recent updates
Power Corporation of Canada's (TSE:POW) CEO Compensation Looks Acceptable To Us And Here's Why
May 03Fewer Investors Than Expected Jumping On Power Corporation of Canada (TSE:POW)
Mar 02Power 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 12Financial Position Analysis
Short Term Liabilities: POW's short term assets (CA$195.4B) exceed its short term liabilities (CA$2.2B).
Long Term Liabilities: POW's short term assets (CA$195.4B) do not cover its long term liabilities (CA$731.7B).
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 46.1% to 48.4% over the past 5 years.
Debt Coverage: POW's debt is well covered by operating cash flow (30.2%).
Interest Coverage: POW's interest payments on its debt are well covered by EBIT (6.6x coverage).