CenterPoint Energy Balance Sheet Health
Financial Health criteria checks 1/6
CenterPoint Energy has a total shareholder equity of $10.0B and total debt of $19.1B, which brings its debt-to-equity ratio to 191.5%. Its total assets and total liabilities are $40.2B and $30.2B respectively. CenterPoint Energy's EBIT is $1.8B making its interest coverage ratio 2.4. It has cash and short-term investments of $659.0M.
Key information
191.5%
Debt to equity ratio
US$19.15b
Debt
Interest coverage ratio | 2.4x |
Cash | US$659.00m |
Equity | US$10.00b |
Total liabilities | US$30.20b |
Total assets | US$40.20b |
Recent financial health updates
CenterPoint Energy (NYSE:CNP) Seems To Be Using A Lot Of Debt
Jul 29Does CenterPoint Energy (NYSE:CNP) Have A Healthy Balance Sheet?
May 15CenterPoint Energy (NYSE:CNP) Seems To Be Using A Lot Of Debt
Feb 08Does CenterPoint Energy (NYSE:CNP) Have A Healthy Balance Sheet?
Oct 17These 4 Measures Indicate That CenterPoint Energy (NYSE:CNP) Is Using Debt Extensively
Jul 01These 4 Measures Indicate That CenterPoint Energy (NYSE:CNP) Is Using Debt Extensively
Apr 02Recent updates
CenterPoint Energy (NYSE:CNP) Seems To Be Using A Lot Of Debt
Jul 29CenterPoint Energy: Poised For Steady Long-Term Growth
Jun 22Subdued Growth No Barrier To CenterPoint Energy, Inc.'s (NYSE:CNP) Price
Jun 21Is CenterPoint Energy, Inc. (NYSE:CNP) Expensive For A Reason? A Look At Its Intrinsic Value
Jun 05What Is CenterPoint Energy, Inc.'s (NYSE:CNP) Share Price Doing?
May 21CenterPoint Energy, Inc. Just Missed Revenue By 5.1%: Here's What Analysts Think Will Happen Next
May 03CenterPoint Energy, Inc.'s (NYSE:CNP) Shareholders Might Be Looking For Exit
Mar 21CenterPoint Energy's Growth Offsets Increased Share Issuance
Mar 20A Look At The Intrinsic Value Of CenterPoint Energy, Inc. (NYSE:CNP)
Mar 03Is CenterPoint Energy, Inc. (NYSE:CNP) Potentially Undervalued?
Jan 27CenterPoint Energy, Inc.'s (NYSE:CNP) Share Price Not Quite Adding Up
Dec 18CenterPoint Energy: Well-Positioned For Ongoing Dividend Growth
Nov 30CenterPoint Energy (NYSE:CNP) Is Paying Out A Larger Dividend Than Last Year
Oct 17CenterPoint Energy (NYSE:CNP) Has Announced That It Will Be Increasing Its Dividend To $0.20
Oct 02Is There Now An Opportunity In CenterPoint Energy, Inc. (NYSE:CNP)?
Sep 29CenterPoint Energy: Improved Valuation, Strong Balance Sheet Make For A Haven
Sep 18CenterPoint Energy: Delivering Electricity In Texas
Jul 10Catalyst Watch: Heat Waves And The Economy
Jul 01Is Now An Opportune Moment To Examine CenterPoint Energy, Inc. (NYSE:CNP)?
Jun 26Does CenterPoint Energy (NYSE:CNP) Have A Healthy Balance Sheet?
May 15CenterPoint Energy (NYSE:CNP) Will Pay A Larger Dividend Than Last Year At $0.19
Apr 24At US$28.34, Is It Time To Put CenterPoint Energy, Inc. (NYSE:CNP) On Your Watch List?
Mar 27We Ran A Stock Scan For Earnings Growth And CenterPoint Energy (NYSE:CNP) Passed With Ease
Mar 11CenterPoint Energy: Expensive Into Earnings, A Muddled Chart
Feb 15CenterPoint Energy (NYSE:CNP) Seems To Be Using A Lot Of Debt
Feb 08CenterPoint Energy (NYSE:CNP) Is Increasing Its Dividend To $0.19
Jan 23CenterPoint Energy: Buy This High-Growth Utility On Dips
Jan 19CenterPoint Energy's (NYSE:CNP) Dividend Will Be Increased To $0.19
Jan 09CenterPoint Energy (NYSE:CNP) Will Pay A Larger Dividend Than Last Year At $0.19
Dec 19CenterPoint raises dividend by ~6% to $0.19/share
Dec 16We Ran A Stock Scan For Earnings Growth And CenterPoint Energy (NYSE:CNP) Passed With Ease
Nov 26CenterPoint Energy (NYSE:CNP) Will Pay A Dividend Of $0.18
Nov 02CenterPoint Q3 2022 Earnings Preview
Oct 31Does CenterPoint Energy (NYSE:CNP) Have A Healthy Balance Sheet?
Oct 17CenterPoint Energy (NYSE:CNP) Has Announced A Dividend Of $0.18
Oct 03CenterPoint declares $0.18 dividend
Sep 29What Does CenterPoint Energy, Inc.'s (NYSE:CNP) Share Price Indicate?
Sep 18CenterPoint Energy: Keep An Eye On This Growing Utility
Aug 19CenterPoint Non-GAAP EPS of $0.31 beats by $0.04; raises FY22 guidance
Aug 02CenterPoint Energy (NYSE:CNP) Will Pay A Larger Dividend Than Last Year At $0.18
Jul 26CenterPoint raises dividend by 6% to $0.18
Jul 21These 4 Measures Indicate That CenterPoint Energy (NYSE:CNP) Is Using Debt Extensively
Jul 01Is CenterPoint Energy, Inc. (NYSE:CNP) Potentially Undervalued?
Jun 10Is CenterPoint Energy, Inc. (NYSE:CNP) Worth US$30.5 Based On Its Intrinsic Value?
May 04These 4 Measures Indicate That CenterPoint Energy (NYSE:CNP) Is Using Debt Extensively
Apr 02Should You Investigate CenterPoint Energy, Inc. (NYSE:CNP) At US$27.35?
Mar 01Financial Position Analysis
Short Term Liabilities: CNP's short term assets ($4.3B) exceed its short term liabilities ($3.4B).
Long Term Liabilities: CNP's short term assets ($4.3B) do not cover its long term liabilities ($26.8B).
Debt to Equity History and Analysis
Debt Level: CNP's net debt to equity ratio (184.9%) is considered high.
Reducing Debt: CNP's debt to equity ratio has increased from 172.4% to 191.5% over the past 5 years.
Debt Coverage: CNP's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: CNP's interest payments on its debt are not well covered by EBIT (2.4x coverage).