Consolidated Edison Balance Sheet Health
Financial Health criteria checks 2/6
Consolidated Edison has a total shareholder equity of $21.9B and total debt of $25.7B, which brings its debt-to-equity ratio to 117.6%. Its total assets and total liabilities are $68.6B and $46.7B respectively. Consolidated Edison's EBIT is $3.4B making its interest coverage ratio 3.1. It has cash and short-term investments of $93.0M.
Key information
117.6%
Debt to equity ratio
US$25.75b
Debt
| Interest coverage ratio | 3.1x |
| Cash | US$93.00m |
| Equity | US$21.90b |
| Total liabilities | US$46.75b |
| Total assets | US$68.65b |
Recent financial health updates
These 4 Measures Indicate That Consolidated Edison (NYSE:ED) Is Using Debt Extensively
Nov 11
Consolidated Edison (NYSE:ED) Use Of Debt Could Be Considered Risky
Jul 12Does Consolidated Edison (NYSE:ED) Have A Healthy Balance Sheet?
Mar 29Here's Why Consolidated Edison (NYSE:ED) Has A Meaningful Debt Burden
Sep 27These 4 Measures Indicate That Consolidated Edison (NYSE:ED) Is Using Debt Extensively
Jun 20Is Consolidated Edison (NYSE:ED) A Risky Investment?
Mar 09Recent updates
Consolidated Edison: Potential High-Single-Digit Returns With Low Risk
Nov 13These 4 Measures Indicate That Consolidated Edison (NYSE:ED) Is Using Debt Extensively
Nov 11Consolidated Edison, Inc.'s (NYSE:ED) Shares May Have Run Too Fast Too Soon
Oct 27Slowing Rates Of Return At Consolidated Edison (NYSE:ED) Leave Little Room For Excitement
Oct 12Consolidated Edison: New York City Isn't Going Anywhere
Oct 11Estimating The Fair Value Of Consolidated Edison, Inc. (NYSE:ED)
Sep 26Why Consolidated Edison Is Expensive For What It Offers
Jul 28Getting In Cheap On Consolidated Edison, Inc. (NYSE:ED) Is Unlikely
Jul 27Consolidated Edison (NYSE:ED) Use Of Debt Could Be Considered Risky
Jul 12Estimating The Fair Value Of Consolidated Edison, Inc. (NYSE:ED)
Jun 26Returns At Consolidated Edison (NYSE:ED) Appear To Be Weighed Down
May 26Consolidated Edison: Below-Sector EPS Growth, Mixed Momentum Trends
May 13Improved Earnings Required Before Consolidated Edison, Inc. (NYSE:ED) Shares Find Their Feet
Apr 11Does Consolidated Edison (NYSE:ED) Have A Healthy Balance Sheet?
Mar 29Calculating The Fair Value Of Consolidated Edison, Inc. (NYSE:ED)
Mar 15Consolidated Edison: Dividends Keep Growing But At A Minimal Rate
Feb 27Here's What Analysts Are Forecasting For Consolidated Edison, Inc. (NYSE:ED) After Its Full-Year Results
Feb 17Returns On Capital At Consolidated Edison (NYSE:ED) Have Stalled
Feb 04Consolidated Edison (NYSE:ED) Has Announced That It Will Be Increasing Its Dividend To $0.83
Jan 22The Market Doesn't Like What It Sees From Consolidated Edison, Inc.'s (NYSE:ED) Earnings Yet
Dec 31Consolidated Edison: Undervalued And Stabilizing The Business
Dec 13Estimating The Intrinsic Value Of Consolidated Edison, Inc. (NYSE:ED)
Dec 03Consolidated Edison: Dividend Certainty Comes At A Premium, Wait For A Lower Entry Point
Nov 20Is Now The Time To Put Consolidated Edison (NYSE:ED) On Your Watchlist?
Nov 06Slowing Rates Of Return At Consolidated Edison (NYSE:ED) Leave Little Room For Excitement
Oct 24Consolidated Edison: Why It's Time To Sell
Oct 05Here's Why Consolidated Edison (NYSE:ED) Has A Meaningful Debt Burden
Sep 27A Look At The Fair Value Of Consolidated Edison, Inc. (NYSE:ED)
Aug 28Consolidated Edison: A Utility That's Still Expensive For What It Offers
Aug 25Here's Why We Think Consolidated Edison (NYSE:ED) Might Deserve Your Attention Today
Jul 31Consolidated Edison (NYSE:ED) Has More To Do To Multiply In Value Going Forward
Jul 17These 4 Measures Indicate That Consolidated Edison (NYSE:ED) Is Using Debt Extensively
Jun 20Consolidated Edison: Strong Fundamentals Behind The Rising Dividend
Jun 15Is Consolidated Edison, Inc. (NYSE:ED) Expensive For A Reason? A Look At Its Intrinsic Value
May 24Does Consolidated Edison (NYSE:ED) Deserve A Spot On Your Watchlist?
Apr 25Consolidated Edison's (NYSE:ED) Returns Have Hit A Wall
Apr 07Is Consolidated Edison (NYSE:ED) A Risky Investment?
Mar 09Consolidated Edison Q4 2022 Earnings Preview
Feb 15Consolidated Edison: A Premium Valuation Ahead Of Earnings, Shareholder-Friendly Activities Ongoing
Feb 06Consolidated Edison, Inc.'s (NYSE:ED) Intrinsic Value Is Potentially 25% Below Its Share Price
Jan 24Consolidated Edison raises quarterly dividend by 2.5% to $0.81/share
Jan 19Consolidated Edison declares $0.79 dividend
Oct 20Consolidated Edison: Electrified
Oct 10A Look At The Fair Value Of Consolidated Edison, Inc. (NYSE:ED)
Oct 09With EPS Growth And More, Consolidated Edison (NYSE:ED) Makes An Interesting Case
Sep 25Consolidated Edison: Still Not Easy, And Now Overvalued
Sep 13There Are Reasons To Feel Uneasy About Consolidated Edison's (NYSE:ED) Returns On Capital
Aug 29Consolidated Edison (NYSE:ED) Takes On Some Risk With Its Use Of Debt
Aug 15Financial Position Analysis
Short Term Liabilities: ED's short term assets ($6.1B) exceed its short term liabilities ($6.0B).
Long Term Liabilities: ED's short term assets ($6.1B) do not cover its long term liabilities ($40.7B).
Debt to Equity History and Analysis
Debt Level: ED's net debt to equity ratio (117.2%) is considered high.
Reducing Debt: ED's debt to equity ratio has increased from 114.4% to 117.6% over the past 5 years.
Debt Coverage: ED's debt is not well covered by operating cash flow (12.7%).
Interest Coverage: ED's interest payments on its debt are well covered by EBIT (3.1x coverage).