Eversource Energy Balance Sheet Health
Financial Health criteria checks 1/6
Eversource Energy has a total shareholder equity of $14.3B and total debt of $26.8B, which brings its debt-to-equity ratio to 186.7%. Its total assets and total liabilities are $55.6B and $41.3B respectively. Eversource Energy's EBIT is $2.5B making its interest coverage ratio 3.3. It has cash and short-term investments of $53.9M.
Key information
186.7%
Debt to equity ratio
US$26.75b
Debt
Interest coverage ratio | 3.3x |
Cash | US$53.87m |
Equity | US$14.33b |
Total liabilities | US$41.28b |
Total assets | US$55.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NWJ's short term assets ($4.2B) do not cover its short term liabilities ($6.3B).
Long Term Liabilities: NWJ's short term assets ($4.2B) do not cover its long term liabilities ($34.9B).
Debt to Equity History and Analysis
Debt Level: NWJ's net debt to equity ratio (186.3%) is considered high.
Reducing Debt: NWJ's debt to equity ratio has increased from 125.7% to 186.7% over the past 5 years.
Debt Coverage: NWJ's debt is not well covered by operating cash flow (6.2%).
Interest Coverage: NWJ's interest payments on its debt are well covered by EBIT (3.3x coverage).