Matador Resources Balance Sheet Health
Financial Health criteria checks 3/6
Matador Resources has a total shareholder equity of $4.9B and total debt of $2.0B, which brings its debt-to-equity ratio to 40.8%. Its total assets and total liabilities are $8.5B and $3.7B respectively. Matador Resources's EBIT is $1.4B making its interest coverage ratio 9.5. It has cash and short-term investments of $15.2M.
Key information
40.8%
Debt to equity ratio
US$1.98b
Debt
| Interest coverage ratio | 9.5x |
| Cash | US$15.24m |
| Equity | US$4.86b |
| Total liabilities | US$3.66b |
| Total assets | US$8.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MTDR *'s short term assets ($738.4M) do not cover its short term liabilities ($856.5M).
Long Term Liabilities: MTDR *'s short term assets ($738.4M) do not cover its long term liabilities ($2.8B).
Debt to Equity History and Analysis
Debt Level: MTDR *'s net debt to equity ratio (40.5%) is considered high.
Reducing Debt: MTDR *'s debt to equity ratio has reduced from 80.6% to 40.8% over the past 5 years.
Debt Coverage: MTDR *'s debt is well covered by operating cash flow (108%).
Interest Coverage: MTDR *'s interest payments on its debt are well covered by EBIT (9.5x coverage).