WEC Energy Group Balance Sheet Health

Financial Health criteria checks 1/6

WEC Energy Group has a total shareholder equity of $12.4B and total debt of $18.4B, which brings its debt-to-equity ratio to 148.4%. Its total assets and total liabilities are $43.9B and $31.5B respectively. WEC Energy Group's EBIT is $2.3B making its interest coverage ratio 3.1. It has cash and short-term investments of $38.9M.

Key information

148.4%

Debt to equity ratio

US$18.45b

Debt

Interest coverage ratio3.1x
CashUS$38.90m
EquityUS$12.43b
Total liabilitiesUS$31.50b
Total assetsUS$43.93b

Recent financial health updates

No updates

Recent updates

Subdued Growth No Barrier To WEC Energy Group, Inc.'s (NYSE:WEC) Price

May 23
Subdued Growth No Barrier To WEC Energy Group, Inc.'s (NYSE:WEC) Price

WEC Energy Group's Large Project Pipeline Keeps Growth Flowing

May 22

WEC Energy Group: A Dividend Aristocrat In The Making

May 06

WEC Energy: A Standout Utility Company With Strong Dividend Growth And Yield

Apr 08

Calculating The Intrinsic Value Of WEC Energy Group, Inc. (NYSE:WEC)

Mar 29
Calculating The Intrinsic Value Of WEC Energy Group, Inc. (NYSE:WEC)

WEC Energy Hasn't Been This Attractive In 10 Years - Time To Load Up

Mar 06

Subdued Growth No Barrier To WEC Energy Group, Inc.'s (NYSE:WEC) Price

Feb 20
Subdued Growth No Barrier To WEC Energy Group, Inc.'s (NYSE:WEC) Price

WEC Energy Group: A High-Quality Dividend Compounder To Buy Now

Feb 13

WEC Energy Group's (NYSE:WEC) Shareholders Will Receive A Bigger Dividend Than Last Year

Jan 22
WEC Energy Group's (NYSE:WEC) Shareholders Will Receive A Bigger Dividend Than Last Year

WEC Energy Group (NYSE:WEC) Hasn't Managed To Accelerate Its Returns

Jan 12
WEC Energy Group (NYSE:WEC) Hasn't Managed To Accelerate Its Returns

WEC Energy Is A Long Term Buy

Dec 30

WEC Energy Group: Christmas Came Early With A 7% Dividend Boost

Dec 21

Estimating The Intrinsic Value Of WEC Energy Group, Inc. (NYSE:WEC)

Dec 05
Estimating The Intrinsic Value Of WEC Energy Group, Inc. (NYSE:WEC)

WEC Energy: Fully Valued, Buy The Dip Or The Preferred For Higher Yield

Oct 20

Investors Met With Slowing Returns on Capital At WEC Energy Group (NYSE:WEC)

Oct 09
Investors Met With Slowing Returns on Capital At WEC Energy Group (NYSE:WEC)

WEC Energy Group: Well Positioned For A Recession, But The Stock Is Not Cheap

Aug 31

Calculating The Intrinsic Value Of WEC Energy Group, Inc. (NYSE:WEC)

Aug 30
Calculating The Intrinsic Value Of WEC Energy Group, Inc. (NYSE:WEC)

WEC Energy Group (NYSE:WEC) Will Pay A Larger Dividend Than Last Year At $0.78

Aug 09
WEC Energy Group (NYSE:WEC) Will Pay A Larger Dividend Than Last Year At $0.78

WEC Energy Group's (NYSE:WEC) Upcoming Dividend Will Be Larger Than Last Year's

Jul 24
WEC Energy Group's (NYSE:WEC) Upcoming Dividend Will Be Larger Than Last Year's

Return Trends At WEC Energy Group (NYSE:WEC) Aren't Appealing

Jul 01
Return Trends At WEC Energy Group (NYSE:WEC) Aren't Appealing

WEC Energy Group: A Core Portfolio Dividend Growth Play

Jun 27

WEC Energy Group (NYSE:WEC) Is Paying Out A Larger Dividend Than Last Year

May 08
WEC Energy Group (NYSE:WEC) Is Paying Out A Larger Dividend Than Last Year

WEC Energy Group's (NYSE:WEC) Dividend Will Be Increased To $0.78

Apr 24
WEC Energy Group's (NYSE:WEC) Dividend Will Be Increased To $0.78

Does This Valuation Of WEC Energy Group, Inc. (NYSE:WEC) Imply Investors Are Overpaying?

Apr 18
Does This Valuation Of WEC Energy Group, Inc. (NYSE:WEC) Imply Investors Are Overpaying?

WEC Energy Group (NYSE:WEC) Ticks All The Boxes When It Comes To Earnings Growth

Mar 20
WEC Energy Group (NYSE:WEC) Ticks All The Boxes When It Comes To Earnings Growth

WEC Energy Group (NYSE:WEC) Is Paying Out A Larger Dividend Than Last Year

Feb 03
WEC Energy Group (NYSE:WEC) Is Paying Out A Larger Dividend Than Last Year

WEC Energy Q4 2022 Earnings Preview

Feb 01

WEC Energy Group (NYSE:WEC) Is Increasing Its Dividend To $0.78

Jan 20
WEC Energy Group (NYSE:WEC) Is Increasing Its Dividend To $0.78

WEC Energy raises quarterly dividend by 23.3% to $0.90/share

Jan 19

WEC Energy Group: An Attractive Name For The Long Term

Jan 09

Is WEC Energy Group, Inc. (NYSE:WEC) Worth US$93.8 Based On Its Intrinsic Value?

Jan 03
Is WEC Energy Group, Inc. (NYSE:WEC) Worth US$93.8 Based On Its Intrinsic Value?

WEC Energy Group (NYSE:WEC) Is Paying Out A Larger Dividend Than Last Year

Dec 16
WEC Energy Group (NYSE:WEC) Is Paying Out A Larger Dividend Than Last Year

WEC Energy raises dividend by 7.2% to $0.78, introduces EPS outlook for 2023

Dec 13

Does WEC Energy Group (NYSE:WEC) Deserve A Spot On Your Watchlist?

Nov 18
Does WEC Energy Group (NYSE:WEC) Deserve A Spot On Your Watchlist?

WEC Energy Q3 2022 Earnings Preview

Oct 31

WEC Energy declares $0.7275 dividend

Oct 20

Is WEC Energy Group, Inc. (NYSE:WEC) Expensive For A Reason? A Look At Its Intrinsic Value

Sep 26
Is WEC Energy Group, Inc. (NYSE:WEC) Expensive For A Reason? A Look At Its Intrinsic Value

WEC Energy: Put This Hot Dividend Stock On Your Radar

Sep 12

Here's Why We Think WEC Energy Group (NYSE:WEC) Might Deserve Your Attention Today

Aug 15
Here's Why We Think WEC Energy Group (NYSE:WEC) Might Deserve Your Attention Today

WEC Energy Q2 2022 Earnings Preview

Aug 01

Returns On Capital At WEC Energy Group (NYSE:WEC) Have Stalled

Aug 01
Returns On Capital At WEC Energy Group (NYSE:WEC) Have Stalled

WEC Energy declares $0.7275 dividend

Jul 21

WEC Energy: Seeking Safety In A Domestic Utility Stock

Jun 30

A Look At The Fair Value Of WEC Energy Group, Inc. (NYSE:WEC)

Jun 21
A Look At The Fair Value Of WEC Energy Group, Inc. (NYSE:WEC)

Financial Position Analysis

Short Term Liabilities: WEC's short term assets ($2.6B) do not cover its short term liabilities ($4.7B).

Long Term Liabilities: WEC's short term assets ($2.6B) do not cover its long term liabilities ($26.8B).


Debt to Equity History and Analysis

Debt Level: WEC's net debt to equity ratio (148.1%) is considered high.

Reducing Debt: WEC's debt to equity ratio has increased from 116.9% to 148.4% over the past 5 years.

Debt Coverage: WEC's debt is not well covered by operating cash flow (16.7%).

Interest Coverage: WEC's interest payments on its debt are well covered by EBIT (3.1x coverage).


Balance Sheet


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