Emera Balance Sheet Health
Financial Health criteria checks 1/6
Emera has a total shareholder equity of CA$12.4B and total debt of CA$18.7B, which brings its debt-to-equity ratio to 150.1%. Its total assets and total liabilities are CA$39.7B and CA$27.2B respectively. Emera's EBIT is CA$1.6B making its interest coverage ratio 1.7. It has cash and short-term investments of CA$240.0M.
Key information
150.1%
Debt to equity ratio
CA$18.67b
Debt
| Interest coverage ratio | 1.7x |
| Cash | CA$240.00m |
| Equity | CA$12.44b |
| Total liabilities | CA$27.23b |
| Total assets | CA$39.67b |
Recent financial health updates
Does Emera (TSE:EMA) Have A Healthy Balance Sheet?
Sep 26
Does Emera (TSE:EMA) Have A Healthy Balance Sheet?
Mar 19Emera (TSE:EMA) Use Of Debt Could Be Considered Risky
Nov 02Here's Why Emera (TSE:EMA) Is Weighed Down By Its Debt Load
Jul 12Is Emera (TSE:EMA) A Risky Investment?
Mar 15Is Emera (TSE:EMA) Using Too Much Debt?
Dec 01Recent updates
There Are Reasons To Feel Uneasy About Emera's (TSE:EMA) Returns On Capital
Nov 04Emera's (TSE:EMA) Dividend Will Be Increased To CA$0.725
Oct 14Does Emera (TSE:EMA) Have A Healthy Balance Sheet?
Sep 26Are Investors Undervaluing Emera Incorporated (TSE:EMA) By 38%?
Sep 04Investors Could Be Concerned With Emera's (TSE:EMA) Returns On Capital
Aug 03Emera Incorporated's (TSE:EMA) P/E Still Appears To Be Reasonable
Jul 16Is There An Opportunity With Emera Incorporated's (TSE:EMA) 43% Undervaluation?
Apr 18Return Trends At Emera (TSE:EMA) Aren't Appealing
Apr 05Does Emera (TSE:EMA) Have A Healthy Balance Sheet?
Mar 19What Emera Incorporated's (TSE:EMA) P/E Is Not Telling You
Jan 07Emera (TSE:EMA) Use Of Debt Could Be Considered Risky
Nov 02The Return Trends At Emera (TSE:EMA) Look Promising
Sep 28Is Emera Incorporated (TSE:EMA) Trading At A 32% Discount?
Sep 07Here's Why Emera (TSE:EMA) Is Weighed Down By Its Debt Load
Jul 12Slowing Rates Of Return At Emera (TSE:EMA) Leave Little Room For Excitement
Jun 24A Look At The Fair Value Of Emera Incorporated (TSE:EMA)
Jun 07Does Emera (TSE:EMA) Deserve A Spot On Your Watchlist?
May 17Is Emera (TSE:EMA) A Risky Investment?
Mar 15What Does The Future Hold For Emera Incorporated (TSE:EMA)? These Analysts Have Been Cutting Their Estimates
Feb 24Be Wary Of Emera (TSE:EMA) And Its Returns On Capital
Feb 15Is Emera (TSE:EMA) Using Too Much Debt?
Dec 01Some Investors May Be Worried About Emera's (TSE:EMA) Returns On Capital
Nov 02Emera's (TSE:EMA) Upcoming Dividend Will Be Larger Than Last Year's
Oct 15Emera Incorporated (TSE:EMA) Shares Could Be 26% Below Their Intrinsic Value Estimate
Sep 07Slowing Rates Of Return At Emera (TSE:EMA) Leave Little Room For Excitement
Aug 02Here's Why Emera (TSE:EMA) Is Weighed Down By Its Debt Load
Jul 15Is There An Opportunity With Emera Incorporated's (TSE:EMA) 24% Undervaluation?
Jun 07Financial Position Analysis
Short Term Liabilities: EMA's short term assets (CA$3.0B) do not cover its short term liabilities (CA$4.1B).
Long Term Liabilities: EMA's short term assets (CA$3.0B) do not cover its long term liabilities (CA$23.1B).
Debt to Equity History and Analysis
Debt Level: EMA's net debt to equity ratio (148.1%) is considered high.
Reducing Debt: EMA's debt to equity ratio has reduced from 183.1% to 150.1% over the past 5 years.
Debt Coverage: EMA's debt is not well covered by operating cash flow (12.7%).
Interest Coverage: EMA's interest payments on its debt are not well covered by EBIT (1.7x coverage).