Amplify Energy Balance Sheet Health
Financial Health criteria checks 4/6
Amplify Energy has a total shareholder equity of $390.3M and total debt of $118.0M, which brings its debt-to-equity ratio to 30.2%. Its total assets and total liabilities are $720.4M and $330.1M respectively. Amplify Energy's EBIT is $53.6M making its interest coverage ratio 3.5. It has cash and short-term investments of $502.0K.
Key information
30.2%
Debt to equity ratio
US$118.00m
Debt
| Interest coverage ratio | 3.5x |
| Cash | US$502.00k |
| Equity | US$390.29m |
| Total liabilities | US$330.09m |
| Total assets | US$720.38m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2OQ's short term assets ($62.0M) do not cover its short term liabilities ($73.5M).
Long Term Liabilities: 2OQ's short term assets ($62.0M) do not cover its long term liabilities ($256.6M).
Debt to Equity History and Analysis
Debt Level: 2OQ's net debt to equity ratio (30.1%) is considered satisfactory.
Reducing Debt: 2OQ's debt to equity ratio has reduced from 43.2% to 30.2% over the past 5 years.
Debt Coverage: 2OQ's debt is well covered by operating cash flow (58.9%).
Interest Coverage: 2OQ's interest payments on its debt are well covered by EBIT (3.5x coverage).