Matador Resources Balance Sheet Health
Financial Health criteria checks 3/6
Matador Resources has a total shareholder equity of $4.6B and total debt of $2.0B, which brings its debt-to-equity ratio to 42.5%. Its total assets and total liabilities are $8.2B and $3.6B respectively. Matador Resources's EBIT is $1.3B making its interest coverage ratio 8.8. It has cash and short-term investments of $23.2M.
Key information
42.5%
Debt to equity ratio
US$1.97b
Debt
Interest coverage ratio | 8.8x |
Cash | US$23.21m |
Equity | US$4.64b |
Total liabilities | US$3.59b |
Total assets | US$8.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7MR's short term assets ($754.1M) do not cover its short term liabilities ($851.3M).
Long Term Liabilities: 7MR's short term assets ($754.1M) do not cover its long term liabilities ($2.7B).
Debt to Equity History and Analysis
Debt Level: 7MR's net debt to equity ratio (42%) is considered high.
Reducing Debt: 7MR's debt to equity ratio has reduced from 78% to 42.5% over the past 5 years.
Debt Coverage: 7MR's debt is well covered by operating cash flow (101.3%).
Interest Coverage: 7MR's interest payments on its debt are well covered by EBIT (8.8x coverage).