Brookfield Renewable Balance Sheet Health
Financial Health criteria checks 2/6
Brookfield Renewable has a total shareholder equity of $17.1B and total debt of $16.1B, which brings its debt-to-equity ratio to 93.8%. Its total assets and total liabilities are $49.4B and $32.3B respectively. Brookfield Renewable's EBIT is $1.7B making its interest coverage ratio 1.3. It has cash and short-term investments of $627.0M.
Key information
93.8%
Debt to equity ratio
US$16.07b
Debt
Interest coverage ratio | 1.3x |
Cash | US$627.00m |
Equity | US$17.13b |
Total liabilities | US$32.29b |
Total assets | US$49.42b |
Recent financial health updates
No updates
Recent updates
Brookfield Renewable Partners: Asset Classes Are Changing
Feb 22Brookfield Infrastructure Vs. Renewable: Market Inefficiency At Its Finest
May 31Brookfield Renewable Corporation FFO of $0.35 misses by $0.01, revenue of $1.2B misses by $20M
Feb 03Don't Miss Out On Brookfield Renewable's Stock Surge, With Dividends That Pay Off
Jan 16Brookfield Renewable Corporation FFO of $0.38 beats by $0.02, revenue of $1.11B beats by $100M
Nov 04Brookfield Renewable Corporation reports Q2 results
Aug 05Brookfield Renewable: Inflation-Proof Growth With A Compounding Dividend
Jun 24Brookfield Renewable goes ex-dividend tomorrow
May 26Brookfield Renewable downgraded to Underweight
Jan 06Brookfield Renewable: Massive Growth Ahead
Dec 25Financial Position Analysis
Short Term Liabilities: BEPC's short term assets ($3.3B) do not cover its short term liabilities ($8.3B).
Long Term Liabilities: BEPC's short term assets ($3.3B) do not cover its long term liabilities ($24.0B).
Debt to Equity History and Analysis
Debt Level: BEPC's net debt to equity ratio (90.2%) is considered high.
Reducing Debt: BEPC's debt to equity ratio has increased from 38.8% to 93.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable BEPC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BEPC is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 20.3% per year.