CNX Resources Balance Sheet Health
Financial Health criteria checks 2/6
CNX Resources has a total shareholder equity of $4.3B and total debt of $2.3B, which brings its debt-to-equity ratio to 53.7%. Its total assets and total liabilities are $8.5B and $4.3B respectively. CNX Resources's EBIT is $857.5M making its interest coverage ratio 5.7. It has cash and short-term investments of $1.3M.
Key information
53.7%
Debt to equity ratio
US$2.28b
Debt
| Interest coverage ratio | 5.7x |
| Cash | US$1.31m |
| Equity | US$4.26b |
| Total liabilities | US$4.28b |
| Total assets | US$8.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CGD's short term assets ($332.9M) do not cover its short term liabilities ($892.7M).
Long Term Liabilities: CGD's short term assets ($332.9M) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: CGD's net debt to equity ratio (53.6%) is considered high.
Reducing Debt: CGD's debt to equity ratio has increased from 50.6% to 53.7% over the past 5 years.
Debt Coverage: CGD's debt is well covered by operating cash flow (31%).
Interest Coverage: CGD's interest payments on its debt are well covered by EBIT (5.7x coverage).