Weatherford International Balance Sheet Health
Financial Health criteria checks 5/6
Weatherford International has a total shareholder equity of $1.4B and total debt of $1.6B, which brings its debt-to-equity ratio to 117.1%. Its total assets and total liabilities are $5.2B and $3.8B respectively. Weatherford International's EBIT is $956.0M making its interest coverage ratio 8.9. It has cash and short-term investments of $920.0M.
Key information
117.1%
Debt to equity ratio
US$1.59b
Debt
| Interest coverage ratio | 8.9x |
| Cash | US$920.00m |
| Equity | US$1.36b |
| Total liabilities | US$3.83b |
| Total assets | US$5.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0WE's short term assets ($3.4B) exceed its short term liabilities ($1.7B).
Long Term Liabilities: 0WE's short term assets ($3.4B) exceed its long term liabilities ($2.2B).
Debt to Equity History and Analysis
Debt Level: 0WE's net debt to equity ratio (49.3%) is considered high.
Reducing Debt: 0WE had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 0WE's debt is well covered by operating cash flow (57.8%).
Interest Coverage: 0WE's interest payments on its debt are well covered by EBIT (8.9x coverage).