FirstEnergy Balance Sheet Health
Financial Health criteria checks 1/6
FirstEnergy has a total shareholder equity of $13.7B and total debt of $24.0B, which brings its debt-to-equity ratio to 174.5%. Its total assets and total liabilities are $51.0B and $37.3B respectively. FirstEnergy's EBIT is $2.1B making its interest coverage ratio 1.9. It has cash and short-term investments of $60.0M.
Key information
174.5%
Debt to equity ratio
US$23.95b
Debt
| Interest coverage ratio | 1.9x |
| Cash | US$60.00m |
| Equity | US$13.73b |
| Total liabilities | US$37.29b |
| Total assets | US$51.02b |
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 24FirstEnergy (NYSE:FE) Seems To Be Using A Lot Of Debt
Sep 08Is FirstEnergy (NYSE:FE) Using Too Much Debt?
Mar 13Recent updates
Are 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 24Calculating The Intrinsic Value Of FirstEnergy Corp. (NYSE:FE)
Dec 06FirstEnergy: Continuing To Deliver On The Thesis
Nov 07FirstEnergy (NYSE:FE) Is Paying Out A Larger Dividend Than Last Year
Oct 31FirstEnergy's (NYSE:FE) Shareholders Will Receive A Bigger Dividend Than Last Year
Oct 05FirstEnergy (NYSE:FE) Seems To Be Using A Lot Of Debt
Sep 08FirstEnergy Continues To Boast Stability In An Uncertain Environment, Despite Q2 Weakness
Aug 28A Look At The Intrinsic Value Of FirstEnergy Corp. (NYSE:FE)
Aug 18FirstEnergy (NYSE:FE) Is Paying Out A Dividend Of $0.39
Jul 30FirstEnergy: Attractive Valuation, But Higher Risks Than Peers
Jun 16Calculating The Intrinsic Value Of FirstEnergy Corp. (NYSE:FE)
May 17FirstEnergy (NYSE:FE) Is Due To Pay A Dividend Of $0.39
Apr 05Is FirstEnergy (NYSE:FE) Using Too Much Debt?
Mar 13FirstEnergy 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 ($3.3B) do not cover its short term liabilities ($6.4B).
Long Term Liabilities: FE's short term assets ($3.3B) do not cover its long term liabilities ($30.9B).
Debt to Equity History and Analysis
Debt Level: FE's net debt to equity ratio (174%) is considered high.
Reducing Debt: FE's debt to equity ratio has reduced from 283.6% to 174.5% over the past 5 years.
Debt Coverage: FE's debt is not well covered by operating cash flow (11.2%).
Interest Coverage: FE's interest payments on its debt are not well covered by EBIT (1.9x coverage).