Chesapeake Energy Balance Sheet Health
Financial Health criteria checks 6/6
Chesapeake Energy has a total shareholder equity of $10.7B and total debt of $2.0B, which brings its debt-to-equity ratio to 18.9%. Its total assets and total liabilities are $14.4B and $3.6B respectively. Chesapeake Energy's EBIT is $2.2B making its interest coverage ratio 21.2. It has cash and short-term investments of $1.1B.
Key information
18.9%
Debt to equity ratio
US$2.03b
Debt
Interest coverage ratio | 21.2x |
Cash | US$1.08b |
Equity | US$10.73b |
Total liabilities | US$3.65b |
Total assets | US$14.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CS1's short term assets ($2.6B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: CS1's short term assets ($2.6B) exceed its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: CS1's net debt to equity ratio (8.8%) is considered satisfactory.
Reducing Debt: CS1's debt to equity ratio has reduced from 362% to 18.9% over the past 5 years.
Debt Coverage: CS1's debt is well covered by operating cash flow (117.4%).
Interest Coverage: CS1's interest payments on its debt are well covered by EBIT (21.2x coverage).