EQT Balance Sheet Health
Financial Health criteria checks 4/6
EQT has a total shareholder equity of $15.2B and total debt of $5.5B, which brings its debt-to-equity ratio to 36.3%. Its total assets and total liabilities are $25.4B and $10.3B respectively. EQT's EBIT is $1.1B making its interest coverage ratio 4.9. It has cash and short-term investments of $648.0M.
Key information
36.3%
Debt to equity ratio
US$5.50b
Debt
Interest coverage ratio | 4.9x |
Cash | US$648.05m |
Equity | US$15.17b |
Total liabilities | US$10.27b |
Total assets | US$25.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EQ6's short term assets ($2.1B) do not cover its short term liabilities ($2.4B).
Long Term Liabilities: EQ6's short term assets ($2.1B) do not cover its long term liabilities ($7.9B).
Debt to Equity History and Analysis
Debt Level: EQ6's net debt to equity ratio (32%) is considered satisfactory.
Reducing Debt: EQ6's debt to equity ratio has reduced from 45.3% to 36.3% over the past 5 years.
Debt Coverage: EQ6's debt is well covered by operating cash flow (48.5%).
Interest Coverage: EQ6's interest payments on its debt are well covered by EBIT (4.9x coverage).