Coterra Energy Balance Sheet Health
Financial Health criteria checks 5/6
Coterra Energy has a total shareholder equity of $13.0B and total debt of $2.1B, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are $20.1B and $7.1B respectively. Coterra Energy's EBIT is $1.6B making its interest coverage ratio 29.8. It has cash and short-term investments of $843.0M.
Key information
15.8%
Debt to equity ratio
US$2.07b
Debt
| Interest coverage ratio | 29.8x |
| Cash | US$843.00m |
| Equity | US$13.04b |
| Total liabilities | US$7.08b |
| Total assets | US$20.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XCQ's short term assets ($1.7B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: XCQ's short term assets ($1.7B) do not cover its long term liabilities ($6.0B).
Debt to Equity History and Analysis
Debt Level: XCQ's net debt to equity ratio (9.4%) is considered satisfactory.
Reducing Debt: XCQ's debt to equity ratio has reduced from 55.1% to 15.8% over the past 5 years.
Debt Coverage: XCQ's debt is well covered by operating cash flow (141.8%).
Interest Coverage: XCQ's interest payments on its debt are well covered by EBIT (29.8x coverage).