Archrock Balance Sheet Health
Financial Health criteria checks 3/6
Archrock has a total shareholder equity of $882.1M and total debt of $1.6B, which brings its debt-to-equity ratio to 177.6%. Its total assets and total liabilities are $2.7B and $1.8B respectively. Archrock's EBIT is $289.8M making its interest coverage ratio 2.6. It has cash and short-term investments of $1.2M.
Key information
177.6%
Debt to equity ratio
US$1.57b
Debt
Interest coverage ratio | 2.6x |
Cash | US$1.16m |
Equity | US$882.08m |
Total liabilities | US$1.78b |
Total assets | US$2.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 54E's short term assets ($193.7M) exceed its short term liabilities ($153.2M).
Long Term Liabilities: 54E's short term assets ($193.7M) do not cover its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: 54E's net debt to equity ratio (177.5%) is considered high.
Reducing Debt: 54E's debt to equity ratio has reduced from 187.8% to 177.6% over the past 5 years.
Debt Coverage: 54E's debt is well covered by operating cash flow (23%).
Interest Coverage: 54E's interest payments on its debt are not well covered by EBIT (2.6x coverage).