CenterPoint Energy Balance Sheet Health
Financial Health criteria checks 1/6
CenterPoint Energy has a total shareholder equity of $9.7B and total debt of $18.6B, which brings its debt-to-equity ratio to 192.6%. Its total assets and total liabilities are $39.7B and $30.0B respectively. CenterPoint Energy's EBIT is $1.7B making its interest coverage ratio 2.5. It has cash and short-term investments of $662.0M.
Key information
192.6%
Debt to equity ratio
US$18.62b
Debt
Interest coverage ratio | 2.5x |
Cash | US$662.00m |
Equity | US$9.67b |
Total liabilities | US$30.05b |
Total assets | US$39.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HOU's short term assets ($3.0B) do not cover its short term liabilities ($3.9B).
Long Term Liabilities: HOU's short term assets ($3.0B) do not cover its long term liabilities ($26.2B).
Debt to Equity History and Analysis
Debt Level: HOU's net debt to equity ratio (185.7%) is considered high.
Reducing Debt: HOU's debt to equity ratio has increased from 113.7% to 192.6% over the past 5 years.
Debt Coverage: HOU's debt is well covered by operating cash flow (20.8%).
Interest Coverage: HOU's interest payments on its debt are not well covered by EBIT (2.5x coverage).