How much debt does The AES have?
According to The AES's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
The AES's total debt stands at $6.20B. This is broken down into:
- Long-term debt: $5.11B
- Short-term debt: $1.09B
The company's net debt, which accounts for cash and cash equivalents, is $5.94B. In terms of overall financial obligations, The AES's total liabilities amount to $5.58B.
Debt Ratios and Metrics
To better understand The AES's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 1.70 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 58.25% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 0.47 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 58.38% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 62.99% - this indicates the total debt in the company's capital structure.
These metrics provide insight into The AES's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$6.20B
Long-term Debt
$5.11B
Short-term Debt
$1.09B
Net Debt
$5.94B
Total Liabilities
$5.58B
Interest Coverage
0.47
Debt to Equity Ratio
1.70
Debt Ratio
58.25%
The AES Historical Debt Metrics
The AES Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $6.20B | $5.11B | $1.09B | $5.94B | $5.58B | 1.70 | 58.25% | 0.47 | 58.38% | 62.99% |
| 2023 | $26.88B | $22.48B | $4.13B | $25.45B | $37.35B | 10.80 | 60.00% | 1.71 | 90.04% | 91.53% |
| 2022 | $23.50B | $22.28B | $2.45B | $22.12B | $33.86B | 9.64 | 61.25% | 2.10 | 89.92% | 90.60% |
| 2021 | $18.70B | $17.75B | $1.37B | $17.76B | $28.40B | 6.68 | 56.73% | 2.82 | 86.10% | 86.98% |
| 2020 | $19.88B | $18.82B | $1.43B | $18.79B | $29.88B | 7.55 | 57.45% | 2.44 | 87.51% | 88.30% |
| 2019 | $20.17B | $18.57B | $1.88B | $19.14B | $28.42B | 6.73 | 59.95% | 2.03 | 85.89% | 87.07% |
| 2018 | $19.30B | $16.76B | $1.66B | $18.13B | $26.92B | 6.01 | 59.33% | 2.25 | 84.61% | 85.74% |
| 2017 | $19.96B | $17.80B | $2.16B | $19.02B | $28.27B | 8.10 | 60.30% | 1.94 | 87.84% | 89.01% |
| 2016 | $20.46B | $18.40B | $1.05B | $19.16B | $30.42B | 7.32 | 56.65% | 1.93 | 86.82% | 87.99% |
| 2015 | $20.81B | $18.28B | $2.17B | $19.55B | $30.68B | 6.61 | 56.46% | 2.15 | 85.30% | 86.86% |
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