FirstEnergy Balance Sheet Health
Financial Health criteria checks 1/6
FirstEnergy has a total shareholder equity of $13.7B and total debt of $23.7B, which brings its debt-to-equity ratio to 173.1%. Its total assets and total liabilities are $50.8B and $37.1B respectively. FirstEnergy's EBIT is $2.1B making its interest coverage ratio 2. It has cash and short-term investments of $439.0M.
Key information
173.1%
Debt to equity ratio
US$23.71b
Debt
| Interest coverage ratio | 2x |
| Cash | US$439.00m |
| Equity | US$13.69b |
| Total liabilities | US$37.06b |
| Total assets | US$50.76b |
Recent financial health updates
Is FirstEnergy (NYSE:FE) A Risky Investment?
May 05
Here's Why FirstEnergy (NYSE:FE) Is Weighed Down By Its Debt Load
Dec 24Recent updates
Estimating The Intrinsic Value Of FirstEnergy Corp. (NYSE:FE)
Dec 17FirstEnergy Corp. (NYSE:FE) Not Lagging Market On Growth Or Pricing
Nov 29FirstEnergy's De-Risked Balance Sheet: The Ultimate Differentiator
Oct 03Are Investors Undervaluing FirstEnergy Corp. (NYSE:FE) By 41%?
Aug 29FirstEnergy: An Emerging Value Case With A High Yield, But Not Discounted Enough
Jun 16Is There An Opportunity With FirstEnergy Corp.'s (NYSE:FE) 39% Undervaluation?
May 30Is FirstEnergy (NYSE:FE) A Risky Investment?
May 05FirstEnergy's (NYSE:FE) Dividend Will Be Increased To $0.425
Apr 14FirstEnergy: Dividend Distribution Potential, And Cheap Valuation
Apr 02FirstEnergy (NYSE:FE) Is Due To Pay A Dividend Of $0.41
Jan 15FirstEnergy: Attractive Valuation Overshadowed By Static Dividend And Legal Issues
Dec 26Here's Why FirstEnergy (NYSE:FE) Is Weighed Down By Its Debt Load
Dec 24FirstEnergy: Continuing To Deliver On The Thesis
Nov 07FirstEnergy Continues To Boast Stability In An Uncertain Environment, Despite Q2 Weakness
Aug 28FirstEnergy: Attractive Valuation, But Higher Risks Than Peers
Jun 16FirstEnergy Non-GAAP EPS of $0.50 misses by $0.03, revenue of $12.5B
Feb 13Financial Position Analysis
Short Term Liabilities: FE's short term assets ($3.1B) do not cover its short term liabilities ($5.5B).
Long Term Liabilities: FE's short term assets ($3.1B) do not cover its long term liabilities ($31.6B).
Debt to Equity History and Analysis
Debt Level: FE's net debt to equity ratio (169.9%) is considered high.
Reducing Debt: FE's debt to equity ratio has reduced from 285.2% to 173.1% over the past 5 years.
Debt Coverage: FE's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: FE's interest payments on its debt are not well covered by EBIT (2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 03:42 |
| End of Day Share Price | 2024/12/20 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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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
FirstEnergy Corp. is covered by 38 analysts. 11 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 |
| Gregg Orrill | Barclays |