Essential Utilities Balance Sheet Health
Financial Health criteria checks 1/6
Essential Utilities has a total shareholder equity of $5.9B and total debt of $7.1B, which brings its debt-to-equity ratio to 119.9%. Its total assets and total liabilities are $16.8B and $10.9B respectively. Essential Utilities's EBIT is $695.9M making its interest coverage ratio 2.5. It has cash and short-term investments of $4.6M.
Key information
119.9%
Debt to equity ratio
US$7.07b
Debt
| Interest coverage ratio | 2.5x |
| Cash | US$4.61m |
| Equity | US$5.90b |
| Total liabilities | US$10.95b |
| Total assets | US$16.84b |
Recent financial health updates
Essential Utilities (NYSE:WTRG) Use Of Debt Could Be Considered Risky
Apr 01
Essential Utilities (NYSE:WTRG) Has A Somewhat Strained Balance Sheet
Dec 01These 4 Measures Indicate That Essential Utilities (NYSE:WTRG) Is Using Debt Extensively
Aug 22Essential Utilities (NYSE:WTRG) Has A Somewhat Strained Balance Sheet
May 19Does Essential Utilities (NYSE:WTRG) Have A Healthy Balance Sheet?
Feb 08Here's Why Essential Utilities (NYSE:WTRG) Has A Meaningful Debt Burden
Oct 26Recent updates
Pinning Down Essential Utilities, Inc.'s (NYSE:WTRG) P/E Is Difficult Right Now
Apr 15Essential Utilities (NYSE:WTRG) Use Of Debt Could Be Considered Risky
Apr 01Essential Utilities: A High-Quality Dividend Grower To Buy At A Discount
Mar 29Essential Utilities (NYSE:WTRG) Has Some Way To Go To Become A Multi-Bagger
Mar 19Earnings Report: Essential Utilities, Inc. Missed Revenue Estimates By 11%
Mar 03Should You Investigate Essential Utilities, Inc. (NYSE:WTRG) At US$36.80?
Jan 30Risks To Shareholder Returns Are Elevated At These Prices For Essential Utilities, Inc. (NYSE:WTRG)
Jan 03Calculating The Intrinsic Value Of Essential Utilities, Inc. (NYSE:WTRG)
Dec 18Essential Utilities: A Cheap Pick For Steady Dividend Growth
Dec 08Essential Utilities (NYSE:WTRG) Has A Somewhat Strained Balance Sheet
Dec 01Essential Utilities: Buy This Cheap, Ultra SWAN Dividend Stock
Oct 06Calculating The Fair Value Of Essential Utilities, Inc. (NYSE:WTRG)
Sep 12These 4 Measures Indicate That Essential Utilities (NYSE:WTRG) Is Using Debt Extensively
Aug 22Essential Utilities (NYSE:WTRG) Is Increasing Its Dividend To $0.3071
Aug 05Essential Utilities: Low Risk, Likely No Reward
Aug 02Essential Utilities (NYSE:WTRG) Has A Somewhat Strained Balance Sheet
May 19Should You Be Adding Essential Utilities (NYSE:WTRG) To Your Watchlist Today?
Apr 13Essential Utilities declares $0.287 dividend
Feb 22Does Essential Utilities (NYSE:WTRG) Have A Healthy Balance Sheet?
Feb 08Essential Utilities: Shares Remain Expensive After A Q4 Bounce
Jan 13Should You Be Adding Essential Utilities (NYSE:WTRG) To Your Watchlist Today?
Jan 03Essential Utilities declares $0.287 dividend
Dec 07Essential Utilities Q3 2022 Earnings Preview
Nov 04Essential Utilities declares $0.287 dividend
Oct 26Here's Why Essential Utilities (NYSE:WTRG) Has A Meaningful Debt Burden
Oct 26Essential Utilities, Inc. (NYSE:WTRG) Shares Could Be 28% Above Their Intrinsic Value Estimate
Sep 20Essential Utilities: Don't Make This An Essential Part Of A Value Portfolio
Sep 15Essential Utilities raises dividend 7% to $0.287/share
Aug 02We Think Essential Utilities (NYSE:WTRG) Is Taking Some Risk With Its Debt
Jul 28Essential Utilities: Despite The Upcoming Dividend Hike, Wait For A Correction
Jun 29Essential Utilities, Inc.'s (NYSE:WTRG) Intrinsic Value Is Potentially 25% Below Its Share Price
Jun 11Should You Be Adding Essential Utilities (NYSE:WTRG) To Your Watchlist Today?
May 28Selling My Essential Utilities Position
Apr 18Essential Utilities (NYSE:WTRG) Takes On Some Risk With Its Use Of Debt
Apr 13With EPS Growth And More, Essential Utilities (NYSE:WTRG) Is Interesting
Feb 24Essential Utilities Not A Portfolio Essential
Feb 02Essential Utilities (NYSE:WTRG) Has A Somewhat Strained Balance Sheet
Jan 06Essential Utilities: Low Risk In The Long Term
Dec 07Financial Position Analysis
Short Term Liabilities: WTRG's short term assets ($492.0M) do not cover its short term liabilities ($797.9M).
Long Term Liabilities: WTRG's short term assets ($492.0M) do not cover its long term liabilities ($10.1B).
Debt to Equity History and Analysis
Debt Level: WTRG's net debt to equity ratio (119.8%) is considered high.
Reducing Debt: WTRG's debt to equity ratio has reduced from 130.7% to 119.9% over the past 5 years.
Debt Coverage: WTRG's debt is not well covered by operating cash flow (13.2%).
Interest Coverage: WTRG's interest payments on its debt are not well covered by EBIT (2.5x coverage).