PG&E Balance Sheet Health
Financial Health criteria checks 2/6
PG&E has a total shareholder equity of $27.1B and total debt of $58.9B, which brings its debt-to-equity ratio to 217.4%. Its total assets and total liabilities are $132.3B and $105.2B respectively. PG&E's EBIT is $5.3B making its interest coverage ratio 2.1. It has cash and short-term investments of $895.0M.
Key information
217.4%
Debt to equity ratio
US$58.90b
Debt
| Interest coverage ratio | 2.1x |
| Cash | US$895.00m |
| Equity | US$27.09b |
| Total liabilities | US$105.23b |
| Total assets | US$132.32b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0QR3's short term assets ($17.5B) exceed its short term liabilities ($16.9B).
Long Term Liabilities: 0QR3's short term assets ($17.5B) do not cover its long term liabilities ($88.4B).
Debt to Equity History and Analysis
Debt Level: 0QR3's net debt to equity ratio (214.1%) is considered high.
Reducing Debt: 0QR3's debt to equity ratio has reduced from 266.5% to 217.4% over the past 5 years.
Debt Coverage: 0QR3's debt is not well covered by operating cash flow (11.2%).
Interest Coverage: 0QR3's interest payments on its debt are not well covered by EBIT (2.1x coverage).