Brookfield Renewable Partners Balance Sheet Health
Financial Health criteria checks 1/6
Brookfield Renewable Partners has a total shareholder equity of $24.5B and total debt of $22.2B, which brings its debt-to-equity ratio to 90.8%. Its total assets and total liabilities are $58.4B and $33.9B respectively. Brookfield Renewable Partners's EBIT is $1.2B making its interest coverage ratio 1.2. It has cash and short-term investments of $784.0M.
Key information
90.8%
Debt to equity ratio
US$22.20b
Debt
| Interest coverage ratio | 1.2x |
| Cash | US$784.00m |
| Equity | US$24.46b |
| Total liabilities | US$33.92b |
| Total assets | US$58.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BEP.PRK's short term assets ($2.9B) do not cover its short term liabilities ($5.1B).
Long Term Liabilities: BEP.PRK's short term assets ($2.9B) do not cover its long term liabilities ($28.9B).
Debt to Equity History and Analysis
Debt Level: BEP.PRK's net debt to equity ratio (87.6%) is considered high.
Reducing Debt: BEP.PRK's debt to equity ratio has increased from 77.9% to 90.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: BEP.PRK has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: Insufficient data to determine if BEP.PRK has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.