Is it safe?
Can CWEN take a bad year?
Clearway Energy, Inc. carries $8.79B of net debt at 9.98× EBITDA: a heavy load to carry through a bad year.
$8.79B
Net debt · as at Q1 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 9.98×
Net debt / EBITDA · 8.51× a year ago · the load is going up
- Altman Z-score
- 0.63
Altman Z-score · distress zone, below 1.8
- Interest cover
- 0.48×
Interest cover · operating profit barely covers the interest bill
Details›
- Total debtQ1 2026
- $9.12B
- Cash and short-term investments
- $325M
- Net debt
- $8.79B
- EBITDA, trailing twelve months
- $881M
- Operating profit, trailing twelve months
- $180M
- Debt / equity
- 1.66×
- Total debt / EBITDA
- 10.3×
- Annualised volatilitytwo years of daily moves
- 30%
- Worst drawdown on file
- −52%
- Below its 52-week high
- −21%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Utilities - Renewable
Ranks #2 of 5 by Smart Score