Cheniere Energy Balance Sheet Health
Financial Health criteria checks 4/6
Cheniere Energy has a total shareholder equity of $9.0B and total debt of $23.7B, which brings its debt-to-equity ratio to 262.7%. Its total assets and total liabilities are $43.1B and $34.1B respectively. Cheniere Energy's EBIT is $15.5B making its interest coverage ratio 16.7. It has cash and short-term investments of $4.2B.
Key information
262.7%
Debt to equity ratio
US$23.70b
Debt
Interest coverage ratio | 16.7x |
Cash | US$4.16b |
Equity | US$9.02b |
Total liabilities | US$34.06b |
Total assets | US$43.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHQ1's short term assets ($6.3B) exceed its short term liabilities ($3.9B).
Long Term Liabilities: CHQ1's short term assets ($6.3B) do not cover its long term liabilities ($30.2B).
Debt to Equity History and Analysis
Debt Level: CHQ1's net debt to equity ratio (216.6%) is considered high.
Reducing Debt: CHQ1's debt to equity ratio has reduced from 1473.2% to 262.7% over the past 5 years.
Debt Coverage: CHQ1's debt is well covered by operating cash flow (35.5%).
Interest Coverage: CHQ1's interest payments on its debt are well covered by EBIT (16.7x coverage).