NRG Energy Balance Sheet Health
Financial Health criteria checks 2/6
NRG Energy has a total shareholder equity of $2.5B and total debt of $10.7B, which brings its debt-to-equity ratio to 424.6%. Its total assets and total liabilities are $23.7B and $21.2B respectively. NRG Energy's EBIT is $786.0M making its interest coverage ratio 1.1. It has cash and short-term investments of $1.1B.
Key information
424.6%
Debt to equity ratio
US$10.70b
Debt
| Interest coverage ratio | 1.1x |
| Cash | US$1.11b |
| Equity | US$2.52b |
| Total liabilities | US$21.20b |
| Total assets | US$23.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NRG *'s short term assets ($8.6B) exceed its short term liabilities ($7.3B).
Long Term Liabilities: NRG *'s short term assets ($8.6B) do not cover its long term liabilities ($13.9B).
Debt to Equity History and Analysis
Debt Level: NRG *'s net debt to equity ratio (380.7%) is considered high.
Reducing Debt: NRG * had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: NRG *'s debt is not well covered by operating cash flow (14.9%).
Interest Coverage: NRG *'s interest payments on its debt are not well covered by EBIT (1.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 07:12 |
| End of Day Share Price | 2024/12/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
NRG Energy, Inc. is covered by 26 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Daniel Ford | Barclays |
| James Thalacker | BMO Capital Markets Equity Research |
| Julien Dumoulin-Smith | BofA Global Research |