APA Balance Sheet Health
Financial Health criteria checks 3/6
APA has a total shareholder equity of $6.5B and total debt of $6.7B, which brings its debt-to-equity ratio to 103.3%. Its total assets and total liabilities are $20.2B and $13.7B respectively. APA's EBIT is $3.4B making its interest coverage ratio 10.2. It has cash and short-term investments of $160.0M.
Key information
103.3%
Debt to equity ratio
US$6.71b
Debt
| Interest coverage ratio | 10.2x |
| Cash | US$160.00m |
| Equity | US$6.50b |
| Total liabilities | US$13.70b |
| Total assets | US$20.20b |
Recent financial health updates
Recent updates
Is APA (NASDAQ:APA) A Risky Investment?
Aug 21
APA 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 01Does APA (NASDAQ:APA) Deserve A Spot On Your Watchlist?
Dec 30Under The Bonnet, APA's (NASDAQ:APA) Returns Look Impressive
Nov 23APA Corporation: Forward Growth And An Attractive Valuation
Oct 19APA Corporation: Buckle Up For The 2022/2023 Natural Gas Withdrawal Season
Oct 06APA raises dividend by 100% to $0.25
Sep 14Is There An Opportunity With APA Corporation's (NASDAQ:APA) 28% Undervaluation?
Sep 09APA Corporation: Block 58 And 53 In Suriname Add Some Spice
Aug 30Financial Position Analysis
Short Term Liabilities: APA's short term assets ($2.9B) exceed its short term liabilities ($2.9B).
Long Term Liabilities: APA's short term assets ($2.9B) do not cover its long term liabilities ($10.8B).
Debt to Equity History and Analysis
Debt Level: APA's net debt to equity ratio (100.9%) is considered high.
Reducing Debt: APA's debt to equity ratio has increased from 94.3% to 103.3% over the past 5 years.
Debt Coverage: APA's debt is well covered by operating cash flow (45.3%).
Interest Coverage: APA's interest payments on its debt are well covered by EBIT (10.2x coverage).