Antero Midstream Balance Sheet Health
Financial Health criteria checks 2/6
Antero Midstream has a total shareholder equity of $2.2B and total debt of $3.2B, which brings its debt-to-equity ratio to 147.6%. Its total assets and total liabilities are $5.7B and $3.6B respectively. Antero Midstream's EBIT is $636.2M making its interest coverage ratio 2.9. It has cash and short-term investments of $26.1M.
Key information
147.6%
Debt to equity ratio
US$3.17b
Debt
Interest coverage ratio | 2.9x |
Cash | US$26.09m |
Equity | US$2.15b |
Total liabilities | US$3.60b |
Total assets | US$5.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5711's short term assets ($133.7M) exceed its short term liabilities ($107.3M).
Long Term Liabilities: 5711's short term assets ($133.7M) do not cover its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: 5711's net debt to equity ratio (146.4%) is considered high.
Reducing Debt: 5711's debt to equity ratio has increased from 59.2% to 147.6% over the past 5 years.
Debt Coverage: 5711's debt is well covered by operating cash flow (25.4%).
Interest Coverage: 5711's interest payments on its debt are not well covered by EBIT (2.9x coverage).