Archrock Balance Sheet Health
Financial Health criteria checks 1/6
Archrock has a total shareholder equity of $1.3B and total debt of $2.2B, which brings its debt-to-equity ratio to 173.2%. Its total assets and total liabilities are $3.8B and $2.5B respectively. Archrock's EBIT is $329.4M making its interest coverage ratio 2.9. It has cash and short-term investments of $3.7M.
Key information
173.2%
Debt to equity ratio
US$2.24b
Debt
| Interest coverage ratio | 2.9x |
| Cash | US$3.75m |
| Equity | US$1.29b |
| Total liabilities | US$2.53b |
| Total assets | US$3.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 54E's short term assets ($244.7M) exceed its short term liabilities ($194.7M).
Long Term Liabilities: 54E's short term assets ($244.7M) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: 54E's net debt to equity ratio (173%) is considered high.
Reducing Debt: 54E's debt to equity ratio has increased from 173% to 173.2% over the past 5 years.
Debt Coverage: 54E's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: 54E's interest payments on its debt are not well covered by EBIT (2.9x coverage).