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 52.7%. Its total assets and total liabilities are $8.7B and $4.3B respectively. CNX Resources's EBIT is $1.3B making its interest coverage ratio 9.3. It has cash and short-term investments of $3.0M.
Key information
52.7%
Debt to equity ratio
US$2.27b
Debt
Interest coverage ratio | 9.3x |
Cash | US$2.96m |
Equity | US$4.31b |
Total liabilities | US$4.35b |
Total assets | US$8.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CGD's short term assets ($460.4M) do not cover its short term liabilities ($874.1M).
Long Term Liabilities: CGD's short term assets ($460.4M) do not cover its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: CGD's net debt to equity ratio (52.6%) is considered high.
Reducing Debt: CGD's debt to equity ratio has increased from 48.9% to 52.7% over the past 5 years.
Debt Coverage: CGD's debt is well covered by operating cash flow (33.1%).
Interest Coverage: CGD's interest payments on its debt are well covered by EBIT (9.3x coverage).