Centerpoint Energy (CNP) Interest Coverage Ratio (2009 - 2023)
Centerpoint Energy's Interest Coverage Ratio came in at 1.51 for Q4 2023, down 36.3% from 2.38 a year earlier and down 48.6% from the prior quarter.
Analysis
Centerpoint Energy (CNP) Interest Coverage Ratio (2009 - 2023) Analysis & Trends
For FY2023, Centerpoint Energy's Interest Coverage Ratio was 2.51, down 16.0% from FY2022.
- Going back by year, Interest Coverage Ratio was 2.99 in FY2022, 2.07 in FY2020 (+2.2%) and 2.03 in FY2019 (-15.6%).
- The Q4 2023 figure represents the lowest quarterly Interest Coverage Ratio since Q3 2012.
- Year-over-year, Interest Coverage Ratio has declined for three consecutive quarters, with growth averaging 1.8% over the last seven quarters.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in Q1 2021 (growth of 107.3%), and the weakest in Q1 2019 (a decline of 45.8%).
- Business Quant data shows CNP's Interest Coverage Ratio at 2.94 (Q3 2023), 2.30 (Q2 2023) and 3.66 (Q1 2023) in the three quarters before Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 287.73 Bn | 287.73 Bn | 890.00 Mn | 5.19 |
| 2 | Nextera Energy | 160.25 Bn | 161.15 Bn | - | 2,238.00 |
| 3 | Southern | 96.31 Bn | 87.36 Bn | 5.92 Bn | 2.23 |
| 4 | Duke Energy | 88.79 Bn | 87.40 Bn | 6.74 Bn | 2.82 |
| 5 | National Grid | 79.16 Bn | 60.69 Bn | - | - |
| 6 | American Electric Power | 65.09 Bn | 63.47 Bn | 3.84 Bn | 2.13 |
| 7 | Dominion Energy | 53.95 Bn | 56.63 Bn | - | 0.59 |
| 8 | Sempra | 51.22 Bn | 50.35 Bn | 2.89 Bn | 1.65 |
| 9 | Entergy | 47.09 Bn | 36.28 Bn | - | 1.96 |
| 10 | Centerpoint Energy | 24.89 Bn | 22.08 Bn | 2.15 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 1.51 |
| Sep 30, 2023 | 2.94 |
| Jun 30, 2023 | 2.30 |
| Mar 31, 2023 | 3.66 |
| Dec 31, 2022 | 2.38 |
| Sep 30, 2022 | 3.31 |
| Jun 30, 2022 | 3.31 |
| Mar 31, 2022 | 3.12 |
| Sep 30, 2021 | 2.44 |
| Jun 30, 2021 | 2.35 |
| Mar 31, 2021 | 3.24 |
| Dec 31, 2020 | 2.52 |
| Sep 30, 2020 | 2.50 |
| Jun 30, 2020 | 1.84 |
| Mar 31, 2020 | 1.56 |
| Dec 31, 2019 | 2.17 |
| Sep 30, 2019 | 2.66 |
| Jun 30, 2019 | 1.71 |
| Mar 31, 2019 | 1.74 |
| Dec 31, 2018 | 1.64 |
API Access
Centerpoint Energy Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=CNP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "CNP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=CNP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();