EnQuest Balance Sheet Health
Financial Health criteria checks 3/6
EnQuest has a total shareholder equity of $485.5M and total debt of $652.3M, which brings its debt-to-equity ratio to 134.3%. Its total assets and total liabilities are $3.6B and $3.1B respectively. EnQuest's EBIT is $442.7M making its interest coverage ratio 3.4. It has cash and short-term investments of $337.3M.
Key information
134.3%
Debt to equity ratio
US$652.26m
Debt
| Interest coverage ratio | 3.4x |
| Cash | US$337.32m |
| Equity | US$485.49m |
| Total liabilities | US$3.10b |
| Total assets | US$3.59b |
Recent financial health updates
Is EnQuest (LON:ENQ) Using Too Much Debt?
Nov 08
Here's Why EnQuest (LON:ENQ) Has A Meaningful Debt Burden
Apr 28Recent updates
Is EnQuest PLC (LON:ENQ) Trading At A 46% Discount?
Feb 22Is EnQuest (LON:ENQ) Using Too Much Debt?
Nov 08Need To Know: Analysts Just Made A Substantial Cut To Their EnQuest PLC (LON:ENQ) Estimates
May 26Here's Why EnQuest (LON:ENQ) Has A Meaningful Debt Burden
Apr 28EnQuest's (LON:ENQ) Stock Price Has Reduced 51% In The Past Three Years
Feb 17
What Kind Of Shareholders Own EnQuest PLC (LON:ENQ)?
Jan 13How Much Is EnQuest PLC (LON:ENQ) CEO Getting Paid?
Dec 09Financial Position Analysis
Short Term Liabilities: ENQ's short term assets ($615.4M) do not cover its short term liabilities ($806.6M).
Long Term Liabilities: ENQ's short term assets ($615.4M) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: ENQ's net debt to equity ratio (64.9%) is considered high.
Reducing Debt: ENQ's debt to equity ratio has reduced from 172.4% to 134.3% over the past 5 years.
Debt Coverage: ENQ's debt is well covered by operating cash flow (108.4%).
Interest Coverage: ENQ's interest payments on its debt are well covered by EBIT (3.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 12:55 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
EnQuest PLC is covered by 31 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Alessandro Pozzi | Barclays |
| David Round | BMO Capital Markets Equity Research |
| Matthew Smith | BofA Global Research |