Essential Utilities Balance Sheet Health
Financial Health criteria checks 0/6
Essential Utilities has a total shareholder equity of $6.2B and total debt of $7.4B, which brings its debt-to-equity ratio to 120%. Its total assets and total liabilities are $17.6B and $11.4B respectively. Essential Utilities's EBIT is $707.4M making its interest coverage ratio 2.4. It has cash and short-term investments of $8.4M.
Key information
120.0%
Debt to equity ratio
US$7.42b
Debt
| Interest coverage ratio | 2.4x |
| Cash | US$8.44m |
| Equity | US$6.18b |
| Total liabilities | US$11.38b |
| Total assets | US$17.56b |
Recent financial health updates
Essential Utilities (NYSE:WTRG) Use Of Debt Could Be Considered Risky
Jul 11
Essential Utilities (NYSE:WTRG) Use Of Debt Could Be Considered Risky
Apr 01Recent updates
Investor Optimism Abounds Essential Utilities, Inc. (NYSE:WTRG) But Growth Is Lacking
Jan 22Essential Utilities: A SWAN Utility That Screens Cheap
Dec 29A Look At The Fair Value Of Essential Utilities, Inc. (NYSE:WTRG)
Dec 25Essential Utilities (NYSE:WTRG) Has Some Way To Go To Become A Multi-Bagger
Nov 29Essential Utilities: Undervalued In A Defensive Sector
Nov 25Analyst Estimates: Here's What Brokers Think Of Essential Utilities, Inc. (NYSE:WTRG) After Its Third-Quarter Report
Nov 07Is Now An Opportune Moment To Examine Essential Utilities, Inc. (NYSE:WTRG)?
Oct 31Essential Utilities, Inc.'s (NYSE:WTRG) Shareholders Might Be Looking For Exit
Sep 16Essential Utilities: Buy This Dividend Compounder On Sale Now
Sep 15With EPS Growth And More, Essential Utilities (NYSE:WTRG) Makes An Interesting Case
Aug 29Essential Utilities' (NYSE:WTRG) Solid Earnings May Rest On Weak Foundations
Aug 14Earnings Miss: Essential Utilities, Inc. Missed EPS By 19% And Analysts Are Revising Their Forecasts
Aug 08Essential Utilities (NYSE:WTRG) Has Some Way To Go To Become A Multi-Bagger
Jul 25Essential Utilities: A Solid Replacement For T-Bills And Money Markets
Jul 16Essential Utilities (NYSE:WTRG) Use Of Debt Could Be Considered Risky
Jul 11Essential Utilities: Why I'm Going To Be Buying More
May 23Essential Utilities: A Quality Company With A Favorable Valuation
May 05Estimating The Intrinsic Value Of Essential Utilities, Inc. (NYSE:WTRG)
Apr 29Pinning 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 03Essential Utilities: A Cheap Pick For Steady Dividend Growth
Dec 08Essential Utilities: Buy This Cheap, Ultra SWAN Dividend Stock
Oct 06Essential Utilities: Low Risk, Likely No Reward
Aug 02Essential Utilities declares $0.287 dividend
Feb 22Essential Utilities: Shares Remain Expensive After A Q4 Bounce
Jan 13Essential Utilities declares $0.287 dividend
Dec 07Financial Position Analysis
Short Term Liabilities: WTRG's short term assets ($373.9M) do not cover its short term liabilities ($683.1M).
Long Term Liabilities: WTRG's short term assets ($373.9M) do not cover its long term liabilities ($10.7B).
Debt to Equity History and Analysis
Debt Level: WTRG's net debt to equity ratio (119.9%) is considered high.
Reducing Debt: WTRG's debt to equity ratio has increased from 80% to 120% over the past 5 years.
Debt Coverage: WTRG's debt is not well covered by operating cash flow (10.1%).
Interest Coverage: WTRG's interest payments on its debt are not well covered by EBIT (2.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/30 06:15 |
| End of Day Share Price | 2025/01/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Essential Utilities, Inc. is covered by 26 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jacob Kilstein | Argus Research Company |
| Davis Sunderland | Baird |
| Benjamin Kallo | Baird |