Avangrid Balance Sheet Health
Financial Health criteria checks 0/6
Avangrid has a total shareholder equity of $20.7B and total debt of $12.0B, which brings its debt-to-equity ratio to 57.8%. Its total assets and total liabilities are $44.0B and $23.3B respectively. Avangrid's EBIT is $953.0M making its interest coverage ratio 2.3. It has cash and short-term investments of $91.0M.
Key information
57.8%
Debt to equity ratio
US$11.96b
Debt
| Interest coverage ratio | 2.3x |
| Cash | US$91.00m |
| Equity | US$20.68b |
| Total liabilities | US$23.31b |
| Total assets | US$43.99b |
Recent financial health updates
Does Avangrid (NYSE:AGR) Have A Healthy Balance Sheet?
Mar 19
These 4 Measures Indicate That Avangrid (NYSE:AGR) Is Using Debt In A Risky Way
Nov 27Avangrid (NYSE:AGR) Use Of Debt Could Be Considered Risky
Aug 18Is Avangrid (NYSE:AGR) Using Too Much Debt?
Dec 20These 4 Measures Indicate That Avangrid (NYSE:AGR) Is Using Debt Extensively
Jun 21Avangrid (NYSE:AGR) Has A Somewhat Strained Balance Sheet
Mar 23Recent updates
Avangrid (NYSE:AGR) Has Affirmed Its Dividend Of $0.44
Apr 15Does Avangrid (NYSE:AGR) Have A Healthy Balance Sheet?
Mar 19Avangrid (NYSE:AGR) Has Announced A Dividend Of $0.44
Feb 19The Price Is Right For Avangrid, Inc. (NYSE:AGR)
Feb 16Avangrid: There Are Better Utilities To Buy
Dec 27A Look At The Fair Value Of Avangrid, Inc. (NYSE:AGR)
Dec 24These 4 Measures Indicate That Avangrid (NYSE:AGR) Is Using Debt In A Risky Way
Nov 27Avangrid (NYSE:AGR) Is Paying Out A Dividend Of $0.44
Oct 23Avangrid: Dividend Should Be Suspended To Protect Cash
Oct 11Avangrid (NYSE:AGR) Has Announced A Dividend Of $0.44
Aug 28Avangrid (NYSE:AGR) Use Of Debt Could Be Considered Risky
Aug 18Avangrid Inc.: Expanding Wind Farms In Hopes Of Reaching Growth Targets
Jul 28Avangrid (NYSE:AGR) Has Announced A Dividend Of $0.44
Jul 22Are Avangrid, Inc. (NYSE:AGR) Investors Paying Above The Intrinsic Value?
Jun 13Avangrid (NYSE:AGR) Has Affirmed Its Dividend Of $0.44
May 16Avangrid's (NYSE:AGR) Dividend Will Be $0.44
Apr 16Here's Why We Think Avangrid (NYSE:AGR) Is Well Worth Watching
Mar 21Avangrid Non-GAAP EPS of $0.29 misses by $0.11, revenue of $2.16B beats by $350M
Feb 21Avangrid (NYSE:AGR) Has Announced A Dividend Of $0.44
Feb 20Is Avangrid (NYSE:AGR) Using Too Much Debt?
Dec 20Avangrid: Risks Outweigh The Reward
Oct 06Are Avangrid, Inc. (NYSE:AGR) Investors Paying Above The Intrinsic Value?
Sep 05With EPS Growth And More, Avangrid (NYSE:AGR) Makes An Interesting Case
Aug 15Avangrid Non-GAAP EPS of $0.46 beats by $0.13, revenue of $1.79B beats by $180M
Jul 26Avangrid (NYSE:AGR) Will Pay A Dividend Of $0.44
Jul 25Avangrid declares $0.44 dividend
Jul 20These 4 Measures Indicate That Avangrid (NYSE:AGR) Is Using Debt Extensively
Jun 21Avangrid's (NYSE:AGR) Dividend Will Be US$0.44
May 31Avangrid: Sustained Investment Looks Like It Will Bear Fruit
May 24Avangrid (NYSE:AGR) Has Announced A Dividend Of US$0.44
May 12Are Avangrid, Inc. (NYSE:AGR) Investors Paying Above The Intrinsic Value?
Apr 13Avangrid (NYSE:AGR) Has A Somewhat Strained Balance Sheet
Mar 23Financial Position Analysis
Short Term Liabilities: AGR's short term assets ($3.4B) do not cover its short term liabilities ($5.2B).
Long Term Liabilities: AGR's short term assets ($3.4B) do not cover its long term liabilities ($18.1B).
Debt to Equity History and Analysis
Debt Level: AGR's net debt to equity ratio (57.4%) is considered high.
Reducing Debt: AGR's debt to equity ratio has increased from 40.7% to 57.8% over the past 5 years.
Debt Coverage: AGR's debt is not well covered by operating cash flow (7.7%).
Interest Coverage: AGR's interest payments on its debt are not well covered by EBIT (2.3x coverage).