Chord Energy Balance Sheet Health
Financial Health criteria checks 4/6
Chord Energy has a total shareholder equity of $8.8B and total debt of $867.2M, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are $13.0B and $4.3B respectively. Chord Energy's EBIT is $1.3B making its interest coverage ratio 28.7. It has cash and short-term investments of $52.1M.
Key information
9.9%
Debt to equity ratio
US$867.17m
Debt
| Interest coverage ratio | 28.7x |
| Cash | US$52.05m |
| Equity | US$8.78b |
| Total liabilities | US$4.26b |
| Total assets | US$13.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHRD *'s short term assets ($1.6B) do not cover its short term liabilities ($1.7B).
Long Term Liabilities: CHRD *'s short term assets ($1.6B) do not cover its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: CHRD *'s net debt to equity ratio (9.3%) is considered satisfactory.
Reducing Debt: CHRD *'s debt to equity ratio has reduced from 71.8% to 9.9% over the past 5 years.
Debt Coverage: CHRD *'s debt is well covered by operating cash flow (239.2%).
Interest Coverage: CHRD *'s interest payments on its debt are well covered by EBIT (28.7x coverage).