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 26We Think Santos (ASX:STO) Can Stay On Top Of Its Debt
Sep 15We Think Santos (ASX:STO) Can Stay On Top Of Its Debt
May 09Santos (ASX:STO) Seems To Use Debt Quite Sensibly
Sep 05Recent 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 26Is Santos Limited (ASX:STO) Trading At A 32% Discount?
Oct 20We Think Santos (ASX:STO) Can Stay On Top Of Its Debt
Sep 15Is Now The Time To Put Santos (ASX:STO) On Your Watchlist?
Jun 24We Think Santos (ASX:STO) Can Stay On Top Of Its Debt
May 09Is There An Opportunity With Santos Limited's (ASX:STO) 26% Undervaluation?
Sep 20Santos (ASX:STO) Seems To Use Debt Quite Sensibly
Sep 05Santos Limited Just Missed Revenue By 9.9%: Here's What Analysts Think Will Happen Next
Aug 18Santos Limited's (ASX:STO) Intrinsic Value Is Potentially 34% Above Its Share Price
May 17Financial 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.