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
No updates
Recent updates
Clearway's High Debt Is A Risk, But It Is On My Watch List This Year
Jan 24Clearway Energy: Growth With Aligned Sponsors And Long-Term Contracts
Dec 18Clearway Energy: Misunderstood By The Market With 75% Return Potential
Oct 09Clearway Energy Has Gotten Cheap On Temporary Headwinds
Aug 18Clearway Energy Remains Highly Defensive And Able To Grow
Jul 21Clearway Energy Q4 Earnings Preview
Feb 22Is Defensive Dividend Growth Machine Clearway Energy A Buy?
Feb 15Clearway Energy: Why I'm Really Bullish
Jan 20Clearway Energy: Q3 Outages Impact Performance But Strong Prospects For Long-Term Growth
Nov 09Clearway Energy Q3 Earnings Preview
Nov 01Clearway Energy: A Recent Partnership Keeps The Bulls In Charge
Sep 02Clearway Energy raises dividend by 2% to $0.3604
Aug 02Clearway Energy's CFO Chad Plotkin steps down
Jun 30Clearway Energy Just Got A Huge Boost From A Powerful New Partner
Jun 21Clearway Energy: Clean Energy Assets And Potent Yield Makes A Compelling Investment
Apr 12Clearway Energy Inc. Offers A High Yield And Rapid Growth From Renewable Energy
Jan 17Clearway: The Fiscally Responsible Green Energy Play
Nov 02Clearway Energy: Owns The Infrastructure For The New Low-Carbon World
Oct 13Clearway Energy Is Immune To Almost Everything
Aug 09Clearway Energy Q1 Earnings Preview
May 05The Case Against Clearway Energy
Jan 29Clearway, Hannon Armstrong to invest in 1.6 GW renewable energy portfolio
Dec 22Clearway Energy acquires additional stake in Agua Caliente Solar Project
Nov 20Clearway Energy: Renewable Energy Assets Still On Discount
Nov 17Clearway Energy Q3 2020 Earnings Preview
Nov 04Financial Position Analysis
Short Term Liabilities: CWEN's short term assets ($1.6B) exceed its short term liabilities ($906.0M).
Long Term Liabilities: CWEN's short term assets ($1.6B) do not cover its long term liabilities ($8.8B).
Debt to Equity History and Analysis
Debt Level: CWEN's net debt to equity ratio (136.2%) is considered high.
Reducing Debt: CWEN's debt to equity ratio has reduced from 230.1% to 147.7% over the past 5 years.
Debt Coverage: CWEN's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: CWEN's interest payments on its debt are not well covered by EBIT (0.8x coverage).