NRG Energy Balance Sheet Health
Financial Health criteria checks 2/6
NRG Energy has a total shareholder equity of $3.3B and total debt of $10.7B, which brings its debt-to-equity ratio to 323%. Its total assets and total liabilities are $25.4B and $22.1B respectively. NRG Energy's EBIT is $1.5B making its interest coverage ratio 2.2. It has cash and short-term investments of $299.0M.
Key information
323.0%
Debt to equity ratio
US$10.65b
Debt
Interest coverage ratio | 2.2x |
Cash | US$299.00m |
Equity | US$3.30b |
Total liabilities | US$22.10b |
Total assets | US$25.40b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: NRA's short term assets ($9.3B) exceed its short term liabilities ($9.2B).
Long Term Liabilities: NRA's short term assets ($9.3B) do not cover its long term liabilities ($12.9B).
Debt to Equity History and Analysis
Debt Level: NRA's net debt to equity ratio (314%) is considered high.
Reducing Debt: NRA had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: NRA's debt is not well covered by operating cash flow (15.4%).
Interest Coverage: NRA's interest payments on its debt are not well covered by EBIT (2.2x coverage).