Talos Energy Balance Sheet Health
Financial Health criteria checks 2/6
Talos Energy has a total shareholder equity of $2.2B and total debt of $1.0B, which brings its debt-to-equity ratio to 47.6%. Its total assets and total liabilities are $4.8B and $2.7B respectively. Talos Energy's EBIT is $258.2M making its interest coverage ratio 1.5. It has cash and short-term investments of $33.6M.
Key information
47.6%
Debt to equity ratio
US$1.03b
Debt
Interest coverage ratio | 1.5x |
Cash | US$33.64m |
Equity | US$2.16b |
Total liabilities | US$2.66b |
Total assets | US$4.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7T2's short term assets ($422.2M) do not cover its short term liabilities ($578.6M).
Long Term Liabilities: 7T2's short term assets ($422.2M) do not cover its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: 7T2's net debt to equity ratio (46%) is considered high.
Reducing Debt: 7T2's debt to equity ratio has reduced from 65% to 47.6% over the past 5 years.
Debt Coverage: 7T2's debt is well covered by operating cash flow (50.6%).
Interest Coverage: 7T2's interest payments on its debt are not well covered by EBIT (1.5x coverage).