How much debt does Hydro One have?
According to Hydro One's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Hydro One's total debt stands at $17.73B. This is broken down into:
- Long-term debt: $16.37B
- Short-term debt: $1.36B
The company's net debt, which accounts for cash and cash equivalents, is $17.02B. In terms of overall financial obligations, Hydro One's total liabilities amount to $24.51B.
Debt Ratios and Metrics
To better understand Hydro One's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 1.47 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 48.35% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 0.00 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 57.46% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 59.46% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Hydro One'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
$17.73B
Long-term Debt
$16.37B
Short-term Debt
$1.36B
Net Debt
$17.02B
Total Liabilities
$24.51B
Interest Coverage
0.00
Debt to Equity Ratio
1.47
Debt Ratio
48.35%
Hydro One Historical Debt Metrics
Hydro One 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 | $17.73B | $16.37B | $1.36B | $17.02B | $24.51B | 1.47 | 48.35% | 0.00 | 57.46% | 59.46% |
| 2023 | $15.74B | $14.75B | $991.00M | $15.66B | $21.09B | 1.35 | 47.91% | 3.15 | 55.74% | 57.40% |
| 2022 | $15.19B | $13.07B | $2.12B | $14.66B | $20.07B | 1.34 | 48.29% | 4.10 | 53.54% | 57.33% |
| 2021 | $14.72B | $13.06B | $1.67B | $14.19B | $19.41B | 1.35 | 48.46% | 3.82 | 54.45% | 57.49% |
| 2020 | $14.41B | $12.80B | $1.63B | $13.66B | $19.67B | 1.37 | 47.58% | 3.45 | 54.71% | 57.78% |
| 2019 | $12.70B | $10.89B | $1.80B | $12.67B | $17.19B | 1.30 | 46.92% | 3.01 | 52.50% | 56.46% |
| 2018 | $12.45B | $8.02B | $1.98B | $11.97B | $16.01B | 1.30 | 48.52% | 3.02 | 52.23% | 56.53% |
| 2017 | $11.48B | $9.80B | $1.68B | $11.46B | $15.45B | 1.13 | 44.67% | 3.17 | 49.05% | 53.00% |
| 2016 | $11.15B | $10.08B | $1.07B | $11.10B | $15.26B | 1.11 | 43.98% | 3.66 | 50.15% | 52.67% |
| 2015 | $10.21B | $5.28B | $1.99B | $10.12B | $14.40B | 1.04 | 41.99% | 3.57 | 45.50% | 50.91% |
Related Metrics
Explore detailed financial metrics and analysis for H.TO.