Coterra Energy Balance Sheet Health
Financial Health criteria checks 5/6
Coterra Energy has a total shareholder equity of $13.1B and total debt of $2.7B, which brings its debt-to-equity ratio to 20.2%. Its total assets and total liabilities are $21.0B and $7.9B respectively. Coterra Energy's EBIT is $1.7B making its interest coverage ratio 38.1. It has cash and short-term investments of $1.5B.
Key information
20.2%
Debt to equity ratio
US$2.65b
Debt
Interest coverage ratio | 38.1x |
Cash | US$1.54b |
Equity | US$13.10b |
Total liabilities | US$7.86b |
Total assets | US$20.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTRA *'s short term assets ($2.6B) exceed its short term liabilities ($1.7B).
Long Term Liabilities: CTRA *'s short term assets ($2.6B) do not cover its long term liabilities ($6.1B).
Debt to Equity History and Analysis
Debt Level: CTRA *'s net debt to equity ratio (8.5%) is considered satisfactory.
Reducing Debt: CTRA *'s debt to equity ratio has reduced from 52.5% to 20.2% over the past 5 years.
Debt Coverage: CTRA *'s debt is well covered by operating cash flow (113.9%).
Interest Coverage: CTRA *'s interest payments on its debt are well covered by EBIT (38.1x coverage).