Sunrun

RUN Clean Energy & EV 6/10 Medium Risk
6/10
— 6 → 6 over 22 weeks
Sector avg: 3.7/10

Sunrun carries $14.8B in long-term debt, with $14.9B in scheduled principal maturities. RUN shows an elevated debt-to-equity ratio of 4.4x and cash covering only -1.4x of $294M in near-term maturities. DebtCanary scores RUN at 6/10, indicating moderate refinancing pressure.

Maturity Schedule

As of 2025-12-31 (latest SEC filing with maturity data). Debt actions taken after this date will only appear once SEC processes the relevant XBRL filing.
Year 1 $294M Year 2 $1.4B Year 3 $2.5B Year 4 $1.4B Year 5 $1.9B Beyond 5 $7.4B
Period Amount Due % of Total
Year 1 (0-12 months) $294M 2.0%
Year 2 (12-24 months) $1.4B 9.4%
Year 3 (24-36 months) $2.5B 17.1%
Year 4 (36-48 months) $1.4B 9.1%
Year 5 (48-60 months) $1.9B 12.6%
Beyond 5 Years $7.4B 49.8%
Total Scheduled Maturities $14.9B 100.0%

Key Metrics

Total Long-Term Debt
$14.8B
Near-Term (12mo)
$294M
Interest Coverage
N/A
Debt/Equity
4.43
Cash Coverage
-1.43x
Operating Income
-$126M
EBITDA
-$88M

How This Score Was Computed

Weighted average of 3 scored components (raw 5.80, rounded to 6). Weights of skipped components are redistributed proportionally among those scored.

Component Value Sub-Score Weight Used
Near-Term Maturity Concentration
Show calculation
Year-1 maturities / Total scheduled maturities
Year-1 maturities: $294M
Total scheduled maturities: $14.9B
 2.0% 1/10 40%
Interest Coverage Ratio
Interest expense was not reported in the latest 10-K.
 N/A — not scored
Debt-to-Equity Ratio
Show calculation
Long-term debt / Stockholders' equity
Long-term debt: $14.8B
Stockholders' equity: $3.3B
 4.43 9/10 33%
Cash Coverage of Near-Term Debt
Show calculation
Cash & equivalents / Debt due within 12 months
Cash from operations: -$421M
Near-term debt: $294M
Cash & equivalents was not reported; annual operating cash flow is used as the numerator instead.
 -1.43x 9/10 27%
Cash Runway
Only scored when a company is burning cash. Operating cash flow is positive (or unreported), so runway isn't a constraint.
 N/A — not scored

"Weight Used" shows each component's share after the weights of unscored components are redistributed. Full thresholds and formulas are on the methodology page.

Recent SEC Filings

Material disclosures from Sunrun's most recent EDGAR filings. 8-K item labels indicate the type of event reported.

Date Form Details
2026-06-01 8-K Shareholder Vote
2026-05-06 10-Q Quarterly report
2026-05-06 8-K Earnings Results
2026-04-15 DEFA14A Additional proxy materials
2026-04-15 DEF 14A Proxy statement
2026-02-26 10-K Annual report
2026-02-26 8-K Earnings Results
2026-01-06 8-K Material Agreement, New Debt Obligation

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Data Source: Financial data sourced from SEC EDGAR XBRL filings (10-K annual reports). Fiscal period end: 2026-03-31. Filing date: 2026-05-06. Data last fetched: 2026-07-26. Maturity schedules reflect the company's most recently reported debt repayment obligations. Data quality: Partial.
View SEC EDGAR filings for Sunrun →