Santos Balance Sheet Health
Financial Health criteria checks 5/6
Santos has a total shareholder equity of $15.3B and total debt of $5.4B, which brings its debt-to-equity ratio to 35.2%. Its total assets and total liabilities are $29.8B and $14.5B respectively. Santos's EBIT is $1.8B making its interest coverage ratio 34.2. It has cash and short-term investments of $2.1B.
Key information
35.2%
Debt to equity ratio
US$5.37b
Debt
| Interest coverage ratio | 34.2x |
| Cash | US$2.13b |
| Equity | US$15.28b |
| Total liabilities | US$14.48b |
| Total assets | US$29.76b |
Recent financial health updates
Does Santos (ASX:STO) Have A Healthy Balance Sheet?
May 28
Is 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 05Santos (ASX:STO) Takes On Some Risk With Its Use Of Debt
Oct 14Recent updates
Little 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 17Are Investors Undervaluing Santos Limited (ASX:STO) By 34%?
Feb 06Is There An Opportunity With Santos Limited's (ASX:STO) 50% Undervaluation?
Nov 08Santos (ASX:STO) Takes On Some Risk With Its Use Of Debt
Oct 14We Like The Quality Of Santos' (ASX:STO) Earnings
Aug 23Is Santos (ASX:STO) A Risky Investment?
Jun 26Is There An Opportunity With Santos Limited's (ASX:STO) 44% Undervaluation?
Mar 17Announcing: Santos (ASX:STO) Stock Increased An Energizing 112% In The Last Five Years
Feb 19Financial Position Analysis
Short Term Liabilities: STO's short term assets ($4.3B) exceed its short term liabilities ($2.9B).
Long Term Liabilities: STO's short term assets ($4.3B) do not cover its long term liabilities ($11.5B).
Debt to Equity History and Analysis
Debt Level: STO's net debt to equity ratio (21.3%) is considered satisfactory.
Reducing Debt: STO's debt to equity ratio has reduced from 66.7% to 35.2% over the past 5 years.
Debt Coverage: STO's debt is well covered by operating cash flow (60.6%).
Interest Coverage: STO's interest payments on its debt are well covered by EBIT (34.2x coverage).