Chord Energy Balance Sheet Health
Financial Health criteria checks 6/6
Chord Energy has a total shareholder equity of $5.1B and total debt of $395.9M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are $6.9B and $1.8B respectively. Chord Energy's EBIT is $1.4B making its interest coverage ratio 47.8. It has cash and short-term investments of $318.0M.
Key information
7.8%
Debt to equity ratio
US$395.90m
Debt
Interest coverage ratio | 47.8x |
Cash | US$318.00m |
Equity | US$5.08b |
Total liabilities | US$1.85b |
Total assets | US$6.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OS70's short term assets ($1.4B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: OS70's short term assets ($1.4B) exceed its long term liabilities ($684.1M).
Debt to Equity History and Analysis
Debt Level: OS70's net debt to equity ratio (1.5%) is considered satisfactory.
Reducing Debt: OS70's debt to equity ratio has reduced from 69.8% to 7.8% over the past 5 years.
Debt Coverage: OS70's debt is well covered by operating cash flow (459.7%).
Interest Coverage: OS70's interest payments on its debt are well covered by EBIT (47.8x coverage).