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 19Recent updates
Emera Incorporated's (TSE:EMA) Earnings Haven't Escaped The Attention Of Investors
Dec 01There 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 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:19 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Emera Incorporated is covered by 24 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Harshit Gupta | Accountability Research Corporation |
| Ross Allen Fowler | Barclays |
| Philip Bassil | Beacon Securities Limited |