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 29Recent 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 13Consolidated Edison: Dividend Certainty Comes At A Premium, Wait For A Lower Entry Point
Nov 20Consolidated Edison: Why It's Time To Sell
Oct 05Consolidated Edison: A Utility That's Still Expensive For What It Offers
Aug 25Consolidated Edison: Strong Fundamentals Behind The Rising Dividend
Jun 15Consolidated Edison Q4 2022 Earnings Preview
Feb 15Consolidated Edison: A Premium Valuation Ahead Of Earnings, Shareholder-Friendly Activities Ongoing
Feb 06Consolidated Edison raises quarterly dividend by 2.5% to $0.81/share
Jan 19Financial 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 13:20 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Consolidated Edison, Inc. is covered by 33 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jacob Kilstein | Argus Research Company |
| Nicholas Campanella | Barclays |
| Daniel Ford | Barclays |