Energean Balance Sheet Health
Financial Health criteria checks 2/6
Energean has a total shareholder equity of $686.1M and total debt of $3.2B, which brings its debt-to-equity ratio to 469.5%. Its total assets and total liabilities are $5.8B and $5.1B respectively. Energean's EBIT is $567.0M making its interest coverage ratio 3.2. It has cash and short-term investments of $365.9M.
Key information
469.5%
Debt to equity ratio
US$3.22b
Debt
Interest coverage ratio | 3.2x |
Cash | US$365.95m |
Equity | US$686.12m |
Total liabilities | US$5.10b |
Total assets | US$5.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENOGL's short term assets ($832.6M) do not cover its short term liabilities ($878.7M).
Long Term Liabilities: ENOGL's short term assets ($832.6M) do not cover its long term liabilities ($4.2B).
Debt to Equity History and Analysis
Debt Level: ENOGL's net debt to equity ratio (416.1%) is considered high.
Reducing Debt: ENOGL's debt to equity ratio has increased from 13.3% to 469.5% over the past 5 years.
Debt Coverage: ENOGL's debt is well covered by operating cash flow (20.4%).
Interest Coverage: ENOGL's interest payments on its debt are well covered by EBIT (3.2x coverage).