Talos Energy Balance Sheet Health
Financial Health criteria checks 2/6
Talos Energy has a total shareholder equity of $2.8B and total debt of $1.3B, which brings its debt-to-equity ratio to 47.5%. Its total assets and total liabilities are $6.4B and $3.6B respectively. Talos Energy's EBIT is $196.9M making its interest coverage ratio 1. It has cash and short-term investments of $45.5M.
Key information
47.5%
Debt to equity ratio
US$1.34b
Debt
| Interest coverage ratio | 1x |
| Cash | US$45.54m |
| Equity | US$2.82b |
| Total liabilities | US$3.58b |
| Total assets | US$6.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7T2's short term assets ($655.6M) do not cover its short term liabilities ($677.9M).
Long Term Liabilities: 7T2's short term assets ($655.6M) do not cover its long term liabilities ($2.9B).
Debt to Equity History and Analysis
Debt Level: 7T2's net debt to equity ratio (45.9%) is considered high.
Reducing Debt: 7T2's debt to equity ratio has reduced from 64.9% to 47.5% over the past 5 years.
Debt Coverage: 7T2's debt is well covered by operating cash flow (59%).
Interest Coverage: 7T2's interest payments on its debt are not well covered by EBIT (1x coverage).