Santos Balance Sheet Health
Financial Health criteria checks 5/6
Santos has a total shareholder equity of $15.6B and total debt of $5.6B, which brings its debt-to-equity ratio to 35.5%. Its total assets and total liabilities are $29.6B and $13.9B respectively. Santos's EBIT is $1.6B making its interest coverage ratio -102.4. It has cash and short-term investments of $1.7B.
Key information
35.5%
Debt to equity ratio
US$5.56b
Debt
| Interest coverage ratio | -102.4x |
| Cash | US$1.66b |
| Equity | US$15.64b |
| Total liabilities | US$13.91b |
| Total assets | US$29.55b |
Recent financial health updates
Is Santos (ASX:STO) A Risky Investment?
Sep 18
Does Santos (ASX:STO) Have A Healthy Balance Sheet?
May 28Is Santos (ASX:STO) Using Too Much Debt?
Dec 26Recent updates
Is Santos (ASX:STO) A Risky Investment?
Sep 18Analysts Are Updating Their Santos Limited (ASX:STO) Estimates After Its Half-Year Results
Aug 22Little Excitement Around Santos Limited's (ASX:STO) Earnings
Jun 26Does Santos (ASX:STO) Have A Healthy Balance Sheet?
May 28It May Be Possible That Santos Limited's (ASX:STO) CEO Compensation Could Get Bumped Up
Apr 04Santos Limited (ASX:STO) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Feb 23Why Investors Shouldn't Be Surprised By Santos Limited's (ASX:STO) Low P/E
Feb 21Is Santos (ASX:STO) Using Too Much Debt?
Dec 26Financial Position Analysis
Short Term Liabilities: STO's short term assets ($3.1B) exceed its short term liabilities ($2.8B).
Long Term Liabilities: STO's short term assets ($3.1B) do not cover its long term liabilities ($11.1B).
Debt to Equity History and Analysis
Debt Level: STO's net debt to equity ratio (24.9%) is considered satisfactory.
Reducing Debt: STO's debt to equity ratio has reduced from 56.4% to 35.5% over the past 5 years.
Debt Coverage: STO's debt is well covered by operating cash flow (55.3%).
Interest Coverage: STO earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 02:01 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Santos Limited is covered by 30 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Chris Mears | APP Securities Pty Ltd. |
| Russell Wright | Barclay Pearce Capital Pty Limited |
| Dale Koenders | Barrenjoey Markets Pty Limited |