Comstock Resources Balance Sheet Health
Financial Health criteria checks 1/6
Comstock Resources has a total shareholder equity of $2.4B and total debt of $2.9B, which brings its debt-to-equity ratio to 124.9%. Its total assets and total liabilities are $6.3B and $4.0B respectively.
Key information
124.9%
Debt to equity ratio
US$2.95b
Debt
| Interest coverage ratio | n/a |
| Cash | US$13.77m |
| Equity | US$2.36b |
| Total liabilities | US$3.95b |
| Total assets | US$6.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CX91's short term assets ($299.7M) do not cover its short term liabilities ($499.8M).
Long Term Liabilities: CX91's short term assets ($299.7M) do not cover its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: CX91's net debt to equity ratio (124.3%) is considered high.
Reducing Debt: CX91's debt to equity ratio has reduced from 173.5% to 124.9% over the past 5 years.
Debt Coverage: CX91's debt is not well covered by operating cash flow (19.7%).
Interest Coverage: Insufficient data to determine if CX91's interest payments on its debt are well covered by EBIT.