APA Balance Sheet Health

Financial Health criteria checks 3/6

APA has a total shareholder equity of $6.5B and total debt of $6.7B, which brings its debt-to-equity ratio to 103.3%. Its total assets and total liabilities are $20.2B and $13.7B respectively. APA's EBIT is $3.4B making its interest coverage ratio 10.2. It has cash and short-term investments of $160.0M.

Key information

103.3%

Debt to equity ratio

US$6.71b

Debt

Interest coverage ratio10.2x
CashUS$160.00m
EquityUS$6.50b
Total liabilitiesUS$13.70b
Total assetsUS$20.20b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 0HGC's short term assets ($2.9B) exceed its short term liabilities ($2.9B).

Long Term Liabilities: 0HGC's short term assets ($2.9B) do not cover its long term liabilities ($10.8B).


Debt to Equity History and Analysis

Debt Level: 0HGC's net debt to equity ratio (100.9%) is considered high.

Reducing Debt: 0HGC's debt to equity ratio has increased from 94.3% to 103.3% over the past 5 years.

Debt Coverage: 0HGC's debt is well covered by operating cash flow (45.3%).

Interest Coverage: 0HGC's interest payments on its debt are well covered by EBIT (10.2x coverage).


Balance Sheet


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