APA Balance Sheet Health

Financial Health criteria checks 3/6

APA has a total shareholder equity of $6.2B and total debt of $6.3B, which brings its debt-to-equity ratio to 103%. Its total assets and total liabilities are $19.4B and $13.2B respectively. APA's EBIT is $2.1B making its interest coverage ratio 5.8. It has cash and short-term investments of $64.0M.

Key information

103.0%

Debt to equity ratio

US$6.34b

Debt

Interest coverage ratio5.8x
CashUS$64.00m
EquityUS$6.16b
Total liabilitiesUS$13.22b
Total assetsUS$19.38b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 0HGC's short term assets ($3.6B) exceed its short term liabilities ($2.9B).

Long Term Liabilities: 0HGC's short term assets ($3.6B) do not cover its long term liabilities ($10.3B).


Debt to Equity History and Analysis

Debt Level: 0HGC's net debt to equity ratio (101.9%) is considered high.

Reducing Debt: 0HGC's debt to equity ratio has increased from 98.2% to 103% over the past 5 years.

Debt Coverage: 0HGC's debt is well covered by operating cash flow (57%).

Interest Coverage: 0HGC's interest payments on its debt are well covered by EBIT (5.8x coverage).


Balance Sheet


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