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 ($7.4B).
Long Term Liabilities: NRG *'s short term assets ($8.6B) do not cover its long term liabilities ($13.8B).
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).