Clearway Energy Balance Sheet Health
Financial Health criteria checks 2/6
Clearway Energy has a total shareholder equity of $5.0B and total debt of $7.4B, which brings its debt-to-equity ratio to 147.7%. Its total assets and total liabilities are $14.7B and $9.7B respectively. Clearway Energy's EBIT is $279.0M making its interest coverage ratio 0.8. It has cash and short-term investments of $575.0M.
Key information
147.7%
Debt to equity ratio
US$7.38b
Debt
| Interest coverage ratio | 0.8x |
| Cash | US$575.00m |
| Equity | US$5.00b |
| Total liabilities | US$9.71b |
| Total assets | US$14.70b |
Recent financial health updates
These 4 Measures Indicate That Clearway Energy (NYSE:CWEN.A) Is Using Debt Extensively
Dec 11
Clearway Energy (NYSE:CWEN.A) Has A Somewhat Strained Balance Sheet
Aug 23Recent updates
Here's Why Shareholders May Want To Be Cautious With Increasing Clearway Energy, Inc.'s (NYSE:CWEN.A) CEO Pay Packet
Apr 19There Are Reasons To Feel Uneasy About Clearway Energy's (NYSE:CWEN.A) Returns On Capital
Apr 01Should You Investigate Clearway Energy, Inc. (NYSE:CWEN.A) At US$22.31?
Feb 04Clearway Energy, Inc.'s (NYSE:CWEN.A) Shareholders Might Be Looking For Exit
Dec 29Clearway Energy: My Largest Renewable Energy Position, 6.1% Dividend Yield
Dec 28Is There An Opportunity With Clearway Energy, Inc.'s (NYSE:CWEN.A) 32% Undervaluation?
Nov 30At US$20.37, Is Clearway Energy, Inc. (NYSE:CWEN.A) Worth Looking At Closely?
Nov 01Is There An Opportunity With Clearway Energy, Inc.'s (NYSE:CWEN.A) 39% Undervaluation?
Aug 15Is It Too Late To Consider Buying Clearway Energy, Inc. (NYSE:CWEN.A)?
Jun 27Clearway Energy, Inc.'s (NYSE:CWEN.A) Intrinsic Value Is Potentially 88% Above Its Share Price
May 17Should You Be Adding Clearway Energy (NYSE:CWEN.A) To Your Watchlist Today?
Apr 29Should You Think About Buying Clearway Energy, Inc. (NYSE:CWEN.A) Now?
Mar 10Is Clearway Energy, Inc. (NYSE:CWEN.A) Trading At A 35% Discount?
Jan 22If EPS Growth Is Important To You, Clearway Energy (NYSE:CWEN.A) Presents An Opportunity
Jan 04These 4 Measures Indicate That Clearway Energy (NYSE:CWEN.A) Is Using Debt Extensively
Dec 11When Should You Buy Clearway Energy, Inc. (NYSE:CWEN.A)?
Nov 23Clearway Energy GAAP EPS of $0.28 beats by $0.10, revenue of $340M misses by $36.28M
Nov 02If EPS Growth Is Important To You, Clearway Energy (NYSE:CWEN.A) Presents An Opportunity
Sep 19Clearway Energy: YieldCo Offers Exposure To New Clean Energy Boom
Sep 05Clearway Energy (NYSE:CWEN.A) Has A Somewhat Strained Balance Sheet
Aug 23Is There An Opportunity With Clearway Energy, Inc.'s (NYSE:CWEN.A) 22% Undervaluation?
Jul 27Financial Position Analysis
Short Term Liabilities: CWEN.A's short term assets ($1.6B) exceed its short term liabilities ($906.0M).
Long Term Liabilities: CWEN.A's short term assets ($1.6B) do not cover its long term liabilities ($8.8B).
Debt to Equity History and Analysis
Debt Level: CWEN.A's net debt to equity ratio (136.2%) is considered high.
Reducing Debt: CWEN.A's debt to equity ratio has reduced from 230.1% to 147.7% over the past 5 years.
Debt Coverage: CWEN.A's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: CWEN.A's interest payments on its debt are not well covered by EBIT (0.8x coverage).