Clearway Energy Balance Sheet Health
Financial Health criteria checks 2/6
Clearway Energy has a total shareholder equity of $5.0B and total debt of $7.4B, which brings its debt-to-equity ratio to 147.7%. Its total assets and total liabilities are $14.7B and $9.7B respectively. Clearway Energy's EBIT is $279.0M making its interest coverage ratio 0.8. It has cash and short-term investments of $575.0M.
Key information
147.7%
Debt to equity ratio
US$7.38b
Debt
Interest coverage ratio | 0.8x |
Cash | US$575.00m |
Equity | US$5.00b |
Total liabilities | US$9.71b |
Total assets | US$14.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NY41's short term assets ($1.6B) exceed its short term liabilities ($906.0M).
Long Term Liabilities: NY41's short term assets ($1.6B) do not cover its long term liabilities ($8.8B).
Debt to Equity History and Analysis
Debt Level: NY41's net debt to equity ratio (136.2%) is considered high.
Reducing Debt: NY41's debt to equity ratio has reduced from 230.1% to 147.7% over the past 5 years.
Debt Coverage: NY41's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: NY41's interest payments on its debt are not well covered by EBIT (0.8x coverage).