Evergy (EVRG) Financials

Evergy Inc (EVRG) is a publicly traded energy company that operates in the Midwestern United States. The company's financials provide an insight into its performance and stability. Let's explore Evergy Inc's income statement. The income statement reflects the company's revenue, expenses, and profitability. In the latest financial statement, Evergy Inc reported a total revenue of $5.8 billion. This represents the total amount of money generated through its operations over a specific period. The gross profit, which is calculated by subtracting the cost of goods sold from the total revenue, amounted to $2.3 billion. This indicates how efficiently the company is utilizing its resources to generate profits. The net income from stockholders, which represents the final profit after deducting all expenses, stood at $551 million. This shows the true profitability of the company.

Moving on to the balance sheet, it provides a snapshot of Evergy Inc's financial position at a specific point in time. The total assets of the company were valued at $27.6 billion, indicating the total value of its resources and investments. The total liabilities, which include debts and obligations, amounted to $19.2 billion. This reveals the company's obligations and potential risks. The stockholders' equity, which represents the net worth of the company, was $8.4 billion. This showcases the value of shareholders' investment in Evergy Inc.

To understand the cash position of Evergy Inc, we can examine the cash flow statement. The cash equivalents, which include highly liquid assets, were valued at $84 million. This indicates the company's ability to meet short-term obligations. The net debt, which is calculated by subtracting cash and cash equivalents from total debt, stood at $7 billion. This showcases the company's long-term financial obligations. The operating cash flow, which is the cash generated from day-to-day operations, was $1.4 billion. This indicates the company's ability to generate cash through its core business activities.

In terms of investing activities, Evergy Inc reported an investing cash flow of $1.2 billion. This represents the cash used for acquisitions, capital expenditures, and other investment activities. On the other hand, the financing cash flow, which includes cash flows from borrowing, repaying debt, and issuing or buying back stock, amounted to $378 million. This reveals the company's financing decisions and its impact on its cash position. Lastly, the free cash flow, which is the cash left after deducting capital expenditures from operating cash flow, was $219 million. This showcases the company's ability to generate cash for potential investments or shareholder distributions.