Emera Balance Sheet Health
Financial Health criteria checks 1/6
Emera has a total shareholder equity of CA$12.1B and total debt of CA$19.8B, which brings its debt-to-equity ratio to 163.8%. Its total assets and total liabilities are CA$39.5B and CA$27.4B respectively. Emera's EBIT is CA$1.8B making its interest coverage ratio 2. It has cash and short-term investments of CA$567.0M.
Key information
163.8%
Debt to equity ratio
CA$19.80b
Debt
| Interest coverage ratio | 2x |
| Cash | CA$567.00m |
| Equity | CA$12.09b |
| Total liabilities | CA$27.39b |
| Total assets | CA$39.48b |
Recent financial health updates
Does Emera (TSE:EMA) Have A Healthy Balance Sheet?
Mar 19
Emera (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 01Here's Why Emera (TSE:EMA) Is Weighed Down By Its Debt Load
Jul 15Recent updates
Is 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 07Here's Why Emera (TSE:EMA) Is Weighed Down By Its Debt Load
Apr 08Is Emera Incorporated (TSE:EMA) Trading At A 28% Discount?
Mar 01Emera (TSE:EMA) Might Have The Makings Of A Multi-Bagger
Jan 24Returns On Capital At Emera (TSE:EMA) Have Hit The Brakes
Oct 23Is Emera (TSE:EMA) Using Too Much Debt?
Oct 04A Look At The Intrinsic Value Of Emera Incorporated (TSE:EMA)
Aug 29The Returns On Capital At Emera (TSE:EMA) Don't Inspire Confidence
Jul 24Emera (TSE:EMA) Use Of Debt Could Be Considered Risky
Jul 05Financial Position Analysis
Short Term Liabilities: EMA's short term assets (CA$3.7B) do not cover its short term liabilities (CA$4.5B).
Long Term Liabilities: EMA's short term assets (CA$3.7B) do not cover its long term liabilities (CA$22.8B).
Debt to Equity History and Analysis
Debt Level: EMA's net debt to equity ratio (159.1%) is considered high.
Reducing Debt: EMA's debt to equity ratio has reduced from 198.6% to 163.8% over the past 5 years.
Debt Coverage: EMA's debt is not well covered by operating cash flow (11.3%).
Interest Coverage: EMA's interest payments on its debt are not well covered by EBIT (2x coverage).