Brookfield Renewable Balance Sheet Health
Financial Health criteria checks 2/6
Brookfield Renewable has a total shareholder equity of $14.2B and total debt of $13.8B, which brings its debt-to-equity ratio to 97.1%. Its total assets and total liabilities are $42.9B and $28.7B respectively. Brookfield Renewable's EBIT is $1.6B making its interest coverage ratio 1.1. It has cash and short-term investments of $619.0M.
Key information
97.1%
Debt to equity ratio
US$13.77b
Debt
| Interest coverage ratio | 1.1x |
| Cash | US$619.00m |
| Equity | US$14.19b |
| Total liabilities | US$28.69b |
| Total assets | US$42.88b |
Recent financial health updates
No updates
Recent updates
Brookfield Renewable Is Continuing Its Push Into Solar And Wind
Aug 28Brookfield 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 26Financial Position Analysis
Short Term Liabilities: BEPC's short term assets ($4.4B) do not cover its short term liabilities ($8.7B).
Long Term Liabilities: BEPC's short term assets ($4.4B) do not cover its long term liabilities ($20.0B).
Debt to Equity History and Analysis
Debt Level: BEPC's net debt to equity ratio (92.7%) is considered high.
Reducing Debt: BEPC's debt to equity ratio has increased from 60.2% to 97.1% 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 26.8% per year.