NextEra Energy Balance Sheet Health
Financial Health criteria checks 0/6
NextEra Energy has a total shareholder equity of $59.4B and total debt of $82.6B, which brings its debt-to-equity ratio to 139%. Its total assets and total liabilities are $184.7B and $125.3B respectively. NextEra Energy's EBIT is $7.9B making its interest coverage ratio 2.5. It has cash and short-term investments of $1.6B.
Key information
139.0%
Debt to equity ratio
US$82.63b
Debt
| Interest coverage ratio | 2.5x |
| Cash | US$1.55b |
| Equity | US$59.44b |
| Total liabilities | US$125.29b |
| Total assets | US$184.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NEE.PRS's short term assets ($12.8B) do not cover its short term liabilities ($26.2B).
Long Term Liabilities: NEE.PRS's short term assets ($12.8B) do not cover its long term liabilities ($99.1B).
Debt to Equity History and Analysis
Debt Level: NEE.PRS's net debt to equity ratio (136.4%) is considered high.
Reducing Debt: NEE.PRS's debt to equity ratio has increased from 108.4% to 139% over the past 5 years.
Debt Coverage: NEE.PRS's debt is not well covered by operating cash flow (16.4%).
Interest Coverage: NEE.PRS's interest payments on its debt are not well covered by EBIT (2.5x coverage).