Portland General Electric Balance Sheet Health
Financial Health criteria checks 1/6
Portland General Electric has a total shareholder equity of $3.5B and total debt of $4.4B, which brings its debt-to-equity ratio to 128.2%. Its total assets and total liabilities are $11.6B and $8.1B respectively. Portland General Electric's EBIT is $456.0M making its interest coverage ratio 2.3. It has cash and short-term investments of $176.0M.
Key information
128.2%
Debt to equity ratio
US$4.43b
Debt
Interest coverage ratio | 2.3x |
Cash | US$176.00m |
Equity | US$3.46b |
Total liabilities | US$8.13b |
Total assets | US$11.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 49P's short term assets ($1.1B) exceed its short term liabilities ($885.0M).
Long Term Liabilities: 49P's short term assets ($1.1B) do not cover its long term liabilities ($7.2B).
Debt to Equity History and Analysis
Debt Level: 49P's net debt to equity ratio (123.1%) is considered high.
Reducing Debt: 49P's debt to equity ratio has increased from 97.3% to 128.2% over the past 5 years.
Debt Coverage: 49P's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: 49P's interest payments on its debt are not well covered by EBIT (2.3x coverage).