National Fuel Gas Balance Sheet Health
Financial Health criteria checks 3/6
National Fuel Gas has a total shareholder equity of $3.1B and total debt of $2.7B, which brings its debt-to-equity ratio to 86.3%. Its total assets and total liabilities are $8.5B and $5.4B respectively. National Fuel Gas's EBIT is $746.4M making its interest coverage ratio 5.5. It has cash and short-term investments of $81.4M.
Key information
86.3%
Debt to equity ratio
US$2.69b
Debt
| Interest coverage ratio | 5.5x |
| Cash | US$81.41m |
| Equity | US$3.11b |
| Total liabilities | US$5.37b |
| Total assets | US$8.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NFG *'s short term assets ($398.7M) do not cover its short term liabilities ($516.6M).
Long Term Liabilities: NFG *'s short term assets ($398.7M) do not cover its long term liabilities ($4.9B).
Debt to Equity History and Analysis
Debt Level: NFG *'s net debt to equity ratio (83.7%) is considered high.
Reducing Debt: NFG *'s debt to equity ratio has reduced from 99.5% to 86.3% over the past 5 years.
Debt Coverage: NFG *'s debt is well covered by operating cash flow (39.1%).
Interest Coverage: NFG *'s interest payments on its debt are well covered by EBIT (5.5x coverage).