Weatherford International Balance Sheet Health
Financial Health criteria checks 5/6
Weatherford International has a total shareholder equity of $1.1B and total debt of $1.7B, which brings its debt-to-equity ratio to 151.6%. Its total assets and total liabilities are $5.1B and $4.0B respectively. Weatherford International's EBIT is $868.0M making its interest coverage ratio 7.2. It has cash and short-term investments of $824.0M.
Key information
151.6%
Debt to equity ratio
US$1.67b
Debt
Interest coverage ratio | 7.2x |
Cash | US$824.00m |
Equity | US$1.10b |
Total liabilities | US$3.99b |
Total assets | US$5.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0WE's short term assets ($3.3B) exceed its short term liabilities ($1.8B).
Long Term Liabilities: 0WE's short term assets ($3.3B) exceed its long term liabilities ($2.2B).
Debt to Equity History and Analysis
Debt Level: 0WE's net debt to equity ratio (76.7%) 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 (52.7%).
Interest Coverage: 0WE's interest payments on its debt are well covered by EBIT (7.2x coverage).