Matador Resources Balance Sheet Health
Financial Health criteria checks 3/6
Matador Resources has a total shareholder equity of $4.6B and total debt of $2.0B, which brings its debt-to-equity ratio to 42.5%. Its total assets and total liabilities are $8.2B and $3.6B respectively. Matador Resources's EBIT is $1.3B making its interest coverage ratio 8.8. It has cash and short-term investments of $23.2M.
Key information
42.5%
Debt to equity ratio
US$1.97b
Debt
Interest coverage ratio | 8.8x |
Cash | US$23.21m |
Equity | US$4.64b |
Total liabilities | US$3.59b |
Total assets | US$8.23b |
Recent financial health updates
We Think Matador Resources (NYSE:MTDR) Can Stay On Top Of Its Debt
Jun 10Here's Why Matador Resources (NYSE:MTDR) Can Manage Its Debt Responsibly
Feb 21These 4 Measures Indicate That Matador Resources (NYSE:MTDR) Is Using Debt Reasonably Well
Nov 23We Think Matador Resources (NYSE:MTDR) Can Stay On Top Of Its Debt
Aug 18Recent updates
Matador Resources (NYSE:MTDR) Is Looking To Continue Growing Its Returns On Capital
May 12Matador Resources: Growth In Production While Maintaining A Solid Balance Sheet
May 02Insufficient Growth At Matador Resources Company (NYSE:MTDR) Hampers Share Price
Apr 20Matador Resources: Profitable Oil Growth, Raising Target
Apr 09Matador Resources Company (NYSE:MTDR) Just Released Its Yearly Earnings: Here's What Analysts Think
Feb 23Matador Resources (NYSE:MTDR) Is Due To Pay A Dividend Of $0.20
Feb 17Matador Resources Company: Downside Seems Limited From Here
Feb 01Matador Resources (NYSE:MTDR) Is Doing The Right Things To Multiply Its Share Price
Jan 07Is There An Opportunity With Matador Resources Company's (NYSE:MTDR) 27% Undervaluation?
Dec 17Matador Resources: A Solid Shale Driller At A Cheap Price
Nov 13Matador Resources (NYSE:MTDR) Is Paying Out A Larger Dividend Than Last Year
Oct 24Returns On Capital Are A Standout For Matador Resources (NYSE:MTDR)
Sep 10Matador Resources: Still In A Buy Zone
Aug 29Matador Resources (NYSE:MTDR) Is Increasing Its Dividend To $0.15
Jul 27Matador Resources: Oil Growth With A Near-Term Upside Catalyst
Jul 17We Think Matador Resources (NYSE:MTDR) Can Stay On Top Of Its Debt
Jun 10With EPS Growth And More, Matador Resources (NYSE:MTDR) Makes An Interesting Case
May 23Matador Resources (NYSE:MTDR) Is Increasing Its Dividend To $0.15
Apr 28Why We Like The Returns At Matador Resources (NYSE:MTDR)
Apr 17Are Investors Undervaluing Matador Resources Company (NYSE:MTDR) By 26%?
Apr 02Growth Investors: Industry Analysts Just Upgraded Their Matador Resources Company (NYSE:MTDR) Revenue Forecasts By 16%
Mar 03Matador Resources (NYSE:MTDR) Is Increasing Its Dividend To $0.15
Feb 23Here's Why Matador Resources (NYSE:MTDR) Can Manage Its Debt Responsibly
Feb 21Matador Resources Company promotes internally for CFO role
Feb 17Is Now The Time To Put Matador Resources (NYSE:MTDR) On Your Watchlist?
Jan 21Matador Resources: Strong Finances And Production Growth Make A Compelling Value
Jan 09A Look At The Fair Value Of Matador Resources Company (NYSE:MTDR)
Dec 21These 4 Measures Indicate That Matador Resources (NYSE:MTDR) Is Using Debt Reasonably Well
Nov 23Matador Resources declares $0.10 dividend
Oct 24Matador Resources: Pumping Oil, Printing Cash, Offers 6.6% Yield On Bonds
Oct 11Are Investors Undervaluing Matador Resources Company (NYSE:MTDR) By 48%?
Sep 08We Think Matador Resources (NYSE:MTDR) Can Stay On Top Of Its Debt
Aug 18Matador Resources announces date for the previously announced $0.10 dividend
Jul 25Financial Position Analysis
Short Term Liabilities: MTDR's short term assets ($754.1M) do not cover its short term liabilities ($851.3M).
Long Term Liabilities: MTDR's short term assets ($754.1M) do not cover its long term liabilities ($2.7B).
Debt to Equity History and Analysis
Debt Level: MTDR's net debt to equity ratio (42%) is considered high.
Reducing Debt: MTDR's debt to equity ratio has reduced from 78% to 42.5% over the past 5 years.
Debt Coverage: MTDR's debt is well covered by operating cash flow (101.3%).
Interest Coverage: MTDR's interest payments on its debt are well covered by EBIT (8.8x coverage).