Santos Balance Sheet Health
Financial Health criteria checks 5/6
Santos has a total shareholder equity of $15.3B and total debt of $5.4B, which brings its debt-to-equity ratio to 35.2%. Its total assets and total liabilities are $29.8B and $14.5B respectively. Santos's EBIT is $1.8B making its interest coverage ratio 34.2. It has cash and short-term investments of $2.1B.
Key information
35.2%
Debt to equity ratio
US$5.37b
Debt
| Interest coverage ratio | 34.2x |
| Cash | US$2.13b |
| Equity | US$15.28b |
| Total liabilities | US$14.48b |
| Total assets | US$29.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STS's short term assets ($4.3B) exceed its short term liabilities ($2.9B).
Long Term Liabilities: STS's short term assets ($4.3B) do not cover its long term liabilities ($11.5B).
Debt to Equity History and Analysis
Debt Level: STS's net debt to equity ratio (21.3%) is considered satisfactory.
Reducing Debt: STS's debt to equity ratio has reduced from 66.7% to 35.2% over the past 5 years.
Debt Coverage: STS's debt is well covered by operating cash flow (60.6%).
Interest Coverage: STS's interest payments on its debt are well covered by EBIT (34.2x coverage).