Capital Power Balance Sheet Health
Financial Health criteria checks 2/6
Capital Power has a total shareholder equity of CA$3.8B and total debt of CA$5.0B, which brings its debt-to-equity ratio to 132.9%. Its total assets and total liabilities are CA$12.0B and CA$8.2B respectively. Capital Power's EBIT is CA$924.0M making its interest coverage ratio 4.6. It has cash and short-term investments of CA$155.0M.
Key information
132.9%
Debt to equity ratio
CA$5.00b
Debt
| Interest coverage ratio | 4.6x |
| Cash | CA$155.00m |
| Equity | CA$3.77b |
| Total liabilities | CA$8.22b |
| Total assets | CA$11.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2CP's short term assets (CA$1.4B) exceed its short term liabilities (CA$1.3B).
Long Term Liabilities: 2CP's short term assets (CA$1.4B) do not cover its long term liabilities (CA$6.9B).
Debt to Equity History and Analysis
Debt Level: 2CP's net debt to equity ratio (128.8%) is considered high.
Reducing Debt: 2CP's debt to equity ratio has increased from 113.7% to 132.9% over the past 5 years.
Debt Coverage: 2CP's debt is not well covered by operating cash flow (13.7%).
Interest Coverage: 2CP's interest payments on its debt are well covered by EBIT (4.6x coverage).