Capital Power Balance Sheet Health
Financial Health criteria checks 1/6
Capital Power has a total shareholder equity of CA$3.8B and total debt of CA$4.7B, which brings its debt-to-equity ratio to 122%. Its total assets and total liabilities are CA$11.4B and CA$7.6B respectively. Capital Power's EBIT is CA$970.0M making its interest coverage ratio 6.4. It has cash and short-term investments of CA$204.0M.
Key information
122.0%
Debt to equity ratio
CA$4.66b
Debt
Interest coverage ratio | 6.4x |
Cash | CA$204.00m |
Equity | CA$3.82b |
Total liabilities | CA$7.60b |
Total assets | CA$11.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CPX.PRK's short term assets (CA$1.3B) do not cover its short term liabilities (CA$1.7B).
Long Term Liabilities: CPX.PRK's short term assets (CA$1.3B) do not cover its long term liabilities (CA$5.9B).
Debt to Equity History and Analysis
Debt Level: CPX.PRK's net debt to equity ratio (116.6%) is considered high.
Reducing Debt: CPX.PRK's debt to equity ratio has increased from 78.3% to 122% over the past 5 years.
Debt Coverage: CPX.PRK's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: CPX.PRK's interest payments on its debt are well covered by EBIT (6.4x coverage).