NextEra Energy Partners Balance Sheet Health
Financial Health criteria checks 2/6
NextEra Energy Partners has a total shareholder equity of $14.1B and total debt of $6.3B, which brings its debt-to-equity ratio to 44.7%. Its total assets and total liabilities are $22.5B and $8.5B respectively.
Key information
44.7%
Debt to equity ratio
US$6.29b
Debt
Interest coverage ratio | n/a |
Cash | US$274.00m |
Equity | US$14.06b |
Total liabilities | US$8.45b |
Total assets | US$22.51b |
Recent financial health updates
No updates
Recent updates
NextEra Energy Partners: Tempting, But A Far Cry From A Buy
Mar 15NextEra Energy Partners: Unique Opportunity, 12% Yield And Distribution Growth
Feb 14NextEra Energy Partners Yields 12%, But Buyers Beware As Risks Lurk
Jan 15NextEra Energy Partners: Time To Be Greedy Now (Rating Upgrade)
Dec 07NextEra Energy Partners: Investors Are Too Fearful Of This 15% Yield
Nov 30NextEra Energy Partners: Long-Term Growth Potential Likely
Nov 21NextEra Energy Partners: A Fat 14.7% Yield In Front Of A Steamroller?
Nov 13NextEra Energy Partners: Outlook May Be Cut But Some Value Is Still Present
Oct 20NextEra Energy Partners: Recovery Potential For This Oversold 15% Yielding Energy Stock
Oct 13NextEra Energy Partners' Growth Has Been Stalled By Higher Rates: Time To Move On
Oct 04NextEra Energy Partners: Resetting Growth Expectations (Rating Downgrade)
Sep 27NEP And O: Opportunity In 2 Quality Dividend Growers
Aug 30NextEra Energy Partners: Is The 6.3% Yield Still Safe?
Aug 03NextEra Energy Partners: Strong Financials Coupled With Promising Market Bring Benefits
Jul 09NextEra Energy: A Long-Term Hold Until It Fully Commits To Renewables
Jun 07NextEra Energy Partners goes ex dividend tomorrow
Feb 02NextEra Energy Partners Q4 2022 Earnings Preview
Jan 24NextEra Energy Partners announces $500M in convertible senior notes due 2026
Dec 08NextEra Energy Partners raises dividend by 3.3% to $0.7875
Oct 24Is NextEra Energy Partners Worth Considering? I Believe So
Oct 04NextEra Energy Partners: The Growth Story Just Keeps Getting Better
Jul 21NextEra Energy Partners Is A Buy; Don't Worry About The Tariff Investigations
May 06NextEra Energy Partners Is A Dividend Growth Investor's Dream Come True
Jan 14NextEra Energy Partners Should Indirectly Benefit From Federal Clean Energy Spending
Oct 12NextEra Energy Partners: Mediocre Quarter, But Long-Term Growth Story Intact
Jul 26NextEra Energy Partners: The Best Way To Cash In On The Green Energy Gold Rush
May 29NextEra Energy Partners goes ex-dividend tomorrow
May 04Financial Position Analysis
Short Term Liabilities: NEP's short term assets ($2.2B) exceed its short term liabilities ($1.7B).
Long Term Liabilities: NEP's short term assets ($2.2B) do not cover its long term liabilities ($6.8B).
Debt to Equity History and Analysis
Debt Level: NEP's net debt to equity ratio (42.8%) is considered high.
Reducing Debt: NEP's debt to equity ratio has reduced from 63.9% to 44.7% over the past 5 years.
Debt Coverage: NEP's debt is not well covered by operating cash flow (11.6%).
Interest Coverage: Insufficient data to determine if NEP's interest payments on its debt are well covered by EBIT.