Brookfield Renewable Partners Balance Sheet Health
Financial Health criteria checks 1/6
Brookfield Renewable Partners has a total shareholder equity of $29.4B and total debt of $29.1B, which brings its debt-to-equity ratio to 99.2%. Its total assets and total liabilities are $75.1B and $45.7B respectively. Brookfield Renewable Partners's EBIT is $915.0M making its interest coverage ratio 0.6. It has cash and short-term investments of $1.7B.
Key information
99.2%
Debt to equity ratio
US$29.12b
Debt
Interest coverage ratio | 0.6x |
Cash | US$1.69b |
Equity | US$29.37b |
Total liabilities | US$45.74b |
Total assets | US$75.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BEP.PRR's short term assets ($4.1B) do not cover its short term liabilities ($7.2B).
Long Term Liabilities: BEP.PRR's short term assets ($4.1B) do not cover its long term liabilities ($38.6B).
Debt to Equity History and Analysis
Debt Level: BEP.PRR's net debt to equity ratio (93.4%) is considered high.
Reducing Debt: BEP.PRR's debt to equity ratio has increased from 57.4% to 99.2% 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.PRR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if BEP.PRR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.