Clearway Energy Balance Sheet Health
Financial Health criteria checks 2/6
Clearway Energy has a total shareholder equity of $5.7B and total debt of $6.6B, which brings its debt-to-equity ratio to 115.1%. Its total assets and total liabilities are $14.5B and $8.8B respectively. Clearway Energy's EBIT is $145.0M making its interest coverage ratio 0.4. It has cash and short-term investments of $274.0M.
Key information
115.1%
Debt to equity ratio
US$6.58b
Debt
| Interest coverage ratio | 0.4x |
| Cash | US$274.00m |
| Equity | US$5.72b |
| Total liabilities | US$8.80b |
| Total assets | US$14.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CWEN *'s short term assets ($1.0B) exceed its short term liabilities ($701.0M).
Long Term Liabilities: CWEN *'s short term assets ($1.0B) do not cover its long term liabilities ($8.1B).
Debt to Equity History and Analysis
Debt Level: CWEN *'s net debt to equity ratio (110.3%) is considered high.
Reducing Debt: CWEN *'s debt to equity ratio has reduced from 300.7% to 115.1% over the past 5 years.
Debt Coverage: CWEN *'s debt is not well covered by operating cash flow (11.7%).
Interest Coverage: CWEN *'s interest payments on its debt are not well covered by EBIT (0.4x coverage).