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Coterra Energy Balance Sheet Health
Financial Health criteria checks 5/6
Coterra Energy has a total shareholder equity of $12.7B and total debt of $2.2B, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are $19.9B and $7.2B respectively. Coterra Energy's EBIT is $4.0B making its interest coverage ratio 52.4. It has cash and short-term investments of $841.0M.
Key information
17.1%
Debt to equity ratio
US$2.17b
Debt
Interest coverage ratio | 52.4x |
Cash | US$841.00m |
Equity | US$12.67b |
Total liabilities | US$7.21b |
Total assets | US$19.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XCQ's short term assets ($1.6B) exceed its short term liabilities ($941.0M).
Long Term Liabilities: XCQ's short term assets ($1.6B) do not cover its long term liabilities ($6.3B).
Debt to Equity History and Analysis
Debt Level: XCQ's net debt to equity ratio (10.5%) is considered satisfactory.
Reducing Debt: XCQ's debt to equity ratio has reduced from 70.7% to 17.1% over the past 5 years.
Debt Coverage: XCQ's debt is well covered by operating cash flow (248.5%).
Interest Coverage: XCQ's interest payments on its debt are well covered by EBIT (52.4x coverage).