Chord Energy Balance Sheet Health
Financial Health criteria checks 6/6
Chord Energy has a total shareholder equity of $5.1B and total debt of $396.3M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are $7.0B and $2.0B respectively. Chord Energy's EBIT is $1.2B making its interest coverage ratio 41.6. It has cash and short-term investments of $296.4M.
Key information
7.8%
Debt to equity ratio
US$396.32m
Debt
Interest coverage ratio | 41.6x |
Cash | US$296.35m |
Equity | US$5.08b |
Total liabilities | US$1.95b |
Total assets | US$7.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHRD *'s short term assets ($1.4B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: CHRD *'s short term assets ($1.4B) exceed its long term liabilities ($705.2M).
Debt to Equity History and Analysis
Debt Level: CHRD *'s net debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: CHRD *'s debt to equity ratio has reduced from 73.2% to 7.8% over the past 5 years.
Debt Coverage: CHRD *'s debt is well covered by operating cash flow (443.5%).
Interest Coverage: CHRD *'s interest payments on its debt are well covered by EBIT (41.6x coverage).