Capital Power Balance Sheet Health
Financial Health criteria checks 2/6
Capital Power has a total shareholder equity of CA$3.2B and total debt of CA$4.7B, which brings its debt-to-equity ratio to 148.5%. Its total assets and total liabilities are CA$11.2B and CA$8.0B respectively. Capital Power's EBIT is CA$1.1B making its interest coverage ratio 6.9. It has cash and short-term investments of CA$1.5B.
Key information
148.5%
Debt to equity ratio
CA$4.73b
Debt
Interest coverage ratio | 6.9x |
Cash | CA$1.46b |
Equity | CA$3.19b |
Total liabilities | CA$7.97b |
Total assets | CA$11.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2CP's short term assets (CA$2.6B) exceed its short term liabilities (CA$2.0B).
Long Term Liabilities: 2CP's short term assets (CA$2.6B) do not cover its long term liabilities (CA$5.9B).
Debt to Equity History and Analysis
Debt Level: 2CP's net debt to equity ratio (102.5%) is considered high.
Reducing Debt: 2CP's debt to equity ratio has increased from 86.9% to 148.5% over the past 5 years.
Debt Coverage: 2CP's debt is not well covered by operating cash flow (17.4%).
Interest Coverage: 2CP's interest payments on its debt are well covered by EBIT (6.9x coverage).