Emera Balance Sheet Health

Financial Health criteria checks 1/6

Emera has a total shareholder equity of CA$12.6B and total debt of CA$19.5B, which brings its debt-to-equity ratio to 155.6%. Its total assets and total liabilities are CA$39.8B and CA$27.2B respectively. Emera's EBIT is CA$1.4B making its interest coverage ratio 1.5. It has cash and short-term investments of CA$348.0M.

Key information

155.6%

Debt to equity ratio

CA$19.55b

Debt

Interest coverage ratio1.5x
CashCA$348.00m
EquityCA$12.56b
Total liabilitiesCA$27.22b
Total assetsCA$39.78b

Recent financial health updates

Recent updates

Are Investors Undervaluing Emera Incorporated (TSE:EMA) By 38%?

Sep 04
Are Investors Undervaluing Emera Incorporated (TSE:EMA) By 38%?

Investors Could Be Concerned With Emera's (TSE:EMA) Returns On Capital

Aug 03
Investors Could Be Concerned With Emera's (TSE:EMA) Returns On Capital

Emera Incorporated's (TSE:EMA) P/E Still Appears To Be Reasonable

Jul 16
Emera Incorporated's (TSE:EMA) P/E Still Appears To Be Reasonable

Is There An Opportunity With Emera Incorporated's (TSE:EMA) 43% Undervaluation?

Apr 18
Is There An Opportunity With Emera Incorporated's (TSE:EMA) 43% Undervaluation?

Return Trends At Emera (TSE:EMA) Aren't Appealing

Apr 05
Return Trends At Emera (TSE:EMA) Aren't Appealing

Does Emera (TSE:EMA) Have A Healthy Balance Sheet?

Mar 19
Does Emera (TSE:EMA) Have A Healthy Balance Sheet?

What Emera Incorporated's (TSE:EMA) P/E Is Not Telling You

Jan 07
What Emera Incorporated's (TSE:EMA) P/E Is Not Telling You

Emera (TSE:EMA) Use Of Debt Could Be Considered Risky

Nov 02
Emera (TSE:EMA) Use Of Debt Could Be Considered Risky

The Return Trends At Emera (TSE:EMA) Look Promising

Sep 28
The Return Trends At Emera (TSE:EMA) Look Promising

Is Emera Incorporated (TSE:EMA) Trading At A 32% Discount?

Sep 07
Is Emera Incorporated (TSE:EMA) Trading At A 32% Discount?

Here's Why Emera (TSE:EMA) Is Weighed Down By Its Debt Load

Jul 12
Here's Why Emera (TSE:EMA) Is Weighed Down By Its Debt Load

Slowing Rates Of Return At Emera (TSE:EMA) Leave Little Room For Excitement

Jun 24
Slowing Rates Of Return At Emera (TSE:EMA) Leave Little Room For Excitement

A Look At The Fair Value Of Emera Incorporated (TSE:EMA)

Jun 07
A Look At The Fair Value Of Emera Incorporated (TSE:EMA)

Does Emera (TSE:EMA) Deserve A Spot On Your Watchlist?

May 17
Does Emera (TSE:EMA) Deserve A Spot On Your Watchlist?

Is Emera (TSE:EMA) A Risky Investment?

Mar 15
Is Emera (TSE:EMA) A Risky Investment?

What Does The Future Hold For Emera Incorporated (TSE:EMA)? These Analysts Have Been Cutting Their Estimates

Feb 24
What Does The Future Hold For Emera Incorporated (TSE:EMA)? These Analysts Have Been Cutting Their Estimates

Be Wary Of Emera (TSE:EMA) And Its Returns On Capital

Feb 15
Be Wary Of Emera (TSE:EMA) And Its Returns On Capital

Is Emera (TSE:EMA) Using Too Much Debt?

Dec 01
Is Emera (TSE:EMA) Using Too Much Debt?

Some Investors May Be Worried About Emera's (TSE:EMA) Returns On Capital

Nov 02
Some Investors May Be Worried About Emera's (TSE:EMA) Returns On Capital

Emera's (TSE:EMA) Upcoming Dividend Will Be Larger Than Last Year's

Oct 15
Emera's (TSE:EMA) Upcoming Dividend Will Be Larger Than Last Year's

Emera Incorporated (TSE:EMA) Shares Could Be 26% Below Their Intrinsic Value Estimate

Sep 07
Emera Incorporated (TSE:EMA) Shares Could Be 26% Below Their Intrinsic Value Estimate

Slowing Rates Of Return At Emera (TSE:EMA) Leave Little Room For Excitement

Aug 02
Slowing Rates Of Return At Emera (TSE:EMA) Leave Little Room For Excitement

Here's Why Emera (TSE:EMA) Is Weighed Down By Its Debt Load

Jul 15
Here's Why Emera (TSE:EMA) Is Weighed Down By Its Debt Load

Is There An Opportunity With Emera Incorporated's (TSE:EMA) 24% Undervaluation?

Jun 07
Is There An Opportunity With Emera Incorporated's (TSE:EMA) 24% Undervaluation?

Here's Why Emera (TSE:EMA) Is Weighed Down By Its Debt Load

Apr 08
Here's Why Emera (TSE:EMA) Is Weighed Down By Its Debt Load

Is Emera Incorporated (TSE:EMA) Trading At A 28% Discount?

Mar 01
Is Emera Incorporated (TSE:EMA) Trading At A 28% Discount?

Emera (TSE:EMA) Might Have The Makings Of A Multi-Bagger

Jan 24
Emera (TSE:EMA) Might Have The Makings Of A Multi-Bagger

Financial Position Analysis

Short Term Liabilities: EMA's short term assets (CA$3.2B) do not cover its short term liabilities (CA$4.1B).

Long Term Liabilities: EMA's short term assets (CA$3.2B) do not cover its long term liabilities (CA$23.2B).


Debt to Equity History and Analysis

Debt Level: EMA's net debt to equity ratio (152.9%) is considered high.

Reducing Debt: EMA's debt to equity ratio has reduced from 180.6% to 155.6% 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 (1.5x coverage).


Balance Sheet


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