Consolidated Edison Balance Sheet Health
Financial Health criteria checks 3/6
Consolidated Edison has a total shareholder equity of $21.2B and total debt of $24.5B, which brings its debt-to-equity ratio to 115.6%. Its total assets and total liabilities are $66.3B and $45.2B respectively. Consolidated Edison's EBIT is $3.1B making its interest coverage ratio 3. It has cash and short-term investments of $1.2B.
Key information
115.6%
Debt to equity ratio
US$24.47b
Debt
Interest coverage ratio | 3x |
Cash | US$1.19b |
Equity | US$21.16b |
Total liabilities | US$45.17b |
Total assets | US$66.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0I35's short term assets ($6.5B) exceed its short term liabilities ($6.5B).
Long Term Liabilities: 0I35's short term assets ($6.5B) do not cover its long term liabilities ($38.7B).
Debt to Equity History and Analysis
Debt Level: 0I35's net debt to equity ratio (110%) is considered high.
Reducing Debt: 0I35's debt to equity ratio has reduced from 123% to 115.6% over the past 5 years.
Debt Coverage: 0I35's debt is not well covered by operating cash flow (8.8%).
Interest Coverage: 0I35's interest payments on its debt are well covered by EBIT (3x coverage).