CenterPoint Energy Balance Sheet Health
Financial Health criteria checks 1/6
CenterPoint Energy has a total shareholder equity of $10.0B and total debt of $19.1B, which brings its debt-to-equity ratio to 191.5%. Its total assets and total liabilities are $40.2B and $30.2B respectively. CenterPoint Energy's EBIT is $1.8B making its interest coverage ratio 2.4. It has cash and short-term investments of $659.0M.
Key information
191.5%
Debt to equity ratio
US$19.15b
Debt
Interest coverage ratio | 2.4x |
Cash | US$659.00m |
Equity | US$10.00b |
Total liabilities | US$30.20b |
Total assets | US$40.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0HVF's short term assets ($4.3B) exceed its short term liabilities ($3.4B).
Long Term Liabilities: 0HVF's short term assets ($4.3B) do not cover its long term liabilities ($26.8B).
Debt to Equity History and Analysis
Debt Level: 0HVF's net debt to equity ratio (184.9%) is considered high.
Reducing Debt: 0HVF's debt to equity ratio has increased from 172.4% to 191.5% over the past 5 years.
Debt Coverage: 0HVF's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: 0HVF's interest payments on its debt are not well covered by EBIT (2.4x coverage).