Expand Energy Balance Sheet Health
Financial Health criteria checks 4/6
Expand Energy has a total shareholder equity of $10.2B and total debt of $2.0B, which brings its debt-to-equity ratio to 19.8%. Its total assets and total liabilities are $13.4B and $3.2B respectively. Expand Energy's EBIT is $183.0M making its interest coverage ratio 2.3. It has cash and short-term investments of $1.0B.
Key information
19.8%
Debt to equity ratio
US$2.02b
Debt
| Interest coverage ratio | 2.3x |
| Cash | US$1.04b |
| Equity | US$10.19b |
| Total liabilities | US$3.20b |
| Total assets | US$13.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EXE *'s short term assets ($1.8B) exceed its short term liabilities ($899.0M).
Long Term Liabilities: EXE *'s short term assets ($1.8B) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: EXE *'s net debt to equity ratio (9.6%) is considered satisfactory.
Reducing Debt: EXE *'s debt to equity ratio has reduced from 197.3% to 19.8% over the past 5 years.
Debt Coverage: EXE *'s debt is well covered by operating cash flow (82%).
Interest Coverage: EXE *'s interest payments on its debt are not well covered by EBIT (2.3x coverage).