Clearway Energy Balance Sheet Health
Financial Health criteria checks 2/6
Clearway Energy has a total shareholder equity of $5.6B and total debt of $6.5B, which brings its debt-to-equity ratio to 115.7%. Its total assets and total liabilities are $14.2B and $8.6B respectively. Clearway Energy's EBIT is $228.0M making its interest coverage ratio 0.5. It has cash and short-term investments of $319.0M.
Key information
115.7%
Debt to equity ratio
US$6.52b
Debt
| Interest coverage ratio | 0.5x |
| Cash | US$319.00m |
| Equity | US$5.63b |
| Total liabilities | US$8.62b |
| Total assets | US$14.25b |
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
Investors Still Waiting For A Pull Back In Clearway Energy, Inc. (NYSE:CWEN.A)
Oct 28Should You Investigate Clearway Energy, Inc. (NYSE:CWEN.A) At US$28.53?
Oct 02Clearway Energy (NYSE:CWEN.A) Will Be Hoping To Turn Its Returns On Capital Around
Sep 05We Like Clearway Energy's (NYSE:CWEN.A) Earnings For More Than Just Statutory Profit
Aug 09Earnings Miss: Clearway Energy, Inc. Missed EPS By 35% And Analysts Are Revising Their Forecasts
Aug 04Clearway Energy, Inc.'s (NYSE:CWEN.A) Business Is Yet to Catch Up With Its Share Price
Jun 18At US$24.90, Is Clearway Energy, Inc. (NYSE:CWEN.A) Worth Looking At Closely?
May 22Here'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 ($1.1B) exceed its short term liabilities ($661.0M).
Long Term Liabilities: CWEN.A's short term assets ($1.1B) do not cover its long term liabilities ($8.0B).
Debt to Equity History and Analysis
Debt Level: CWEN.A's net debt to equity ratio (110%) is considered high.
Reducing Debt: CWEN.A's debt to equity ratio has reduced from 303.5% to 115.7% over the past 5 years.
Debt Coverage: CWEN.A's debt is not well covered by operating cash flow (12%).
Interest Coverage: CWEN.A's interest payments on its debt are not well covered by EBIT (0.5x coverage).