Energean Balance Sheet Health
Financial Health criteria checks 3/6
Energean has a total shareholder equity of $653.9M and total debt of $3.2B, which brings its debt-to-equity ratio to 496.5%. Its total assets and total liabilities are $5.9B and $5.2B respectively. Energean's EBIT is $708.1M making its interest coverage ratio 3.6. It has cash and short-term investments of $239.5M.
Key information
496.5%
Debt to equity ratio
US$3.25b
Debt
| Interest coverage ratio | 3.6x |
| Cash | US$239.53m |
| Equity | US$653.92m |
| Total liabilities | US$5.21b |
| Total assets | US$5.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1YE's short term assets ($2.1B) exceed its short term liabilities ($1.6B).
Long Term Liabilities: 1YE's short term assets ($2.1B) do not cover its long term liabilities ($3.6B).
Debt to Equity History and Analysis
Debt Level: 1YE's net debt to equity ratio (459.8%) is considered high.
Reducing Debt: 1YE's debt to equity ratio has increased from 40% to 496.5% over the past 5 years.
Debt Coverage: 1YE's debt is well covered by operating cash flow (29.3%).
Interest Coverage: 1YE's interest payments on its debt are well covered by EBIT (3.6x coverage).