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 $2.6B, which brings its debt-to-equity ratio to 20.3%. Its total assets and total liabilities are $20.8B and $7.7B respectively. Coterra Energy's EBIT is $1.7B making its interest coverage ratio 32.1. It has cash and short-term investments of $1.3B.
Key information
20.3%
Debt to equity ratio
US$2.65b
Debt
| Interest coverage ratio | 32.1x |
| Cash | US$1.32b |
| Equity | US$13.04b |
| Total liabilities | US$7.73b |
| Total assets | US$20.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0HRZ's short term assets ($2.3B) exceed its short term liabilities ($1.7B).
Long Term Liabilities: 0HRZ's short term assets ($2.3B) do not cover its long term liabilities ($6.1B).
Debt to Equity History and Analysis
Debt Level: 0HRZ's net debt to equity ratio (10.2%) is considered satisfactory.
Reducing Debt: 0HRZ's debt to equity ratio has reduced from 52% to 20.3% over the past 5 years.
Debt Coverage: 0HRZ's debt is well covered by operating cash flow (110.8%).
Interest Coverage: 0HRZ's interest payments on its debt are well covered by EBIT (32.1x coverage).