APA Balance Sheet Health
Financial Health criteria checks 3/6
APA has a total shareholder equity of $6.2B and total debt of $6.3B, which brings its debt-to-equity ratio to 102.9%. Its total assets and total liabilities are $19.4B and $13.2B respectively. APA's EBIT is $2.1B making its interest coverage ratio 5.8. It has cash and short-term investments of $64.0M.
Key information
102.9%
Debt to equity ratio
US$6.34b
Debt
| Interest coverage ratio | 5.8x |
| Cash | US$64.00m |
| Equity | US$6.16b |
| Total liabilities | US$13.22b |
| Total assets | US$19.38b |
Recent financial health updates
Recent updates
Estimating The Intrinsic Value Of APA Corporation (NASDAQ:APA)
Nov 03
APA: Raised Callon Synergies, Margin-Accretive Divestment And Suriname FID Confirm Our Rating
Oct 24APA's (NASDAQ:APA) Dividend Will Be $0.25
Oct 16APA Corporation: Oil Patch Value
Oct 07Do APA's (NASDAQ:APA) Earnings Warrant Your Attention?
Sep 23APA: Surprisingly Soft Performance (Rating Downgrade)
Sep 13Is APA (NASDAQ:APA) A Risky Investment?
Aug 21APA Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Aug 03Little Excitement Around APA Corporation's (NASDAQ:APA) Earnings
Jul 23APA Corp: We Like The Suriname Optionality
Jul 08APA's (NASDAQ:APA) Dividend Will Be $0.25
Jul 04APA (NASDAQ:APA) Is Due To Pay A Dividend Of $0.25
Jun 15APA: Callon Deal Is No Homerun, But It Doesn't Have To Be
Jun 02Here's Why APA (NASDAQ:APA) Has Caught The Eye Of Investors
May 23APA Corporation Q1 Earnings: Still A Buy Despite Disappointing Production Guidance?
May 10Earnings Miss: APA Corporation Missed EPS By 54% And Analysts Are Revising Their Forecasts
May 05APA Corporation's (NASDAQ:APA) Intrinsic Value Is Potentially 57% Above Its Share Price
May 03Need To Know: The Consensus Just Cut Its APA Corporation (NASDAQ:APA) Estimates For 2024
May 03APA (NASDAQ:APA) Will Pay A Dividend Of $0.25
Apr 14APA Corporation: Stronger Oil Prices Provide New Catalysts
Apr 02APA (NASDAQ:APA) Has Announced A Dividend Of $0.25
Mar 31There's No Escaping APA Corporation's (NASDAQ:APA) Muted Earnings
Mar 21A Look At The Fair Value Of APA Corporation (NASDAQ:APA)
Jan 26APA (NASDAQ:APA) Has Affirmed Its Dividend Of $0.25
Jan 04APA (NASDAQ:APA) Is Due To Pay A Dividend Of $0.25
Dec 21Why The 33% Return On Capital At APA (NASDAQ:APA) Should Have Your Attention
Dec 19APA (NASDAQ:APA) Is Due To Pay A Dividend Of $0.25
Oct 05An Intrinsic Calculation For APA Corporation (NASDAQ:APA) Suggests It's 27% Undervalued
Sep 15APA (NASDAQ:APA) Is Very Good At Capital Allocation
Aug 25Is There An Opportunity With APA Corporation's (NASDAQ:APA) 31% Undervaluation?
Jun 05APA (NASDAQ:APA) Is Very Good At Capital Allocation
May 18Here's Why We Think APA (NASDAQ:APA) Is Well Worth Watching
Apr 09Are Investors Undervaluing APA Corporation (NASDAQ:APA) By 26%?
Feb 01Financial Position Analysis
Short Term Liabilities: APA's short term assets ($3.6B) exceed its short term liabilities ($2.9B).
Long Term Liabilities: APA's short term assets ($3.6B) do not cover its long term liabilities ($10.3B).
Debt to Equity History and Analysis
Debt Level: APA's net debt to equity ratio (101.9%) is considered high.
Reducing Debt: APA's debt to equity ratio has increased from 98.2% to 102.9% over the past 5 years.
Debt Coverage: APA's debt is well covered by operating cash flow (57%).
Interest Coverage: APA's interest payments on its debt are well covered by EBIT (5.8x coverage).