Chord Energy Balance Sheet Health
Financial Health criteria checks 4/6
Chord Energy has a total shareholder equity of $8.8B and total debt of $1.0B, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are $13.1B and $4.3B respectively. Chord Energy's EBIT is $1.3B making its interest coverage ratio 36.9. It has cash and short-term investments of $197.4M.
Key information
11.7%
Debt to equity ratio
US$1.03b
Debt
| Interest coverage ratio | 36.9x |
| Cash | US$197.39m |
| Equity | US$8.84b |
| Total liabilities | US$4.31b |
| Total assets | US$13.15b |
Recent financial health updates
Here's Why Chord Energy (NASDAQ:CHRD) Can Manage Its Debt Responsibly
Jul 01
Is Chord Energy (NASDAQ:CHRD) A Risky Investment?
Jan 23Recent updates
Chord Energy Corporation's (NASDAQ:CHRD) Prospects Need A Boost To Lift Shares
Sep 13Chord Energy: Synergies Expected, High FCF Yield Remains Attractive
Jul 18Here's Why Chord Energy (NASDAQ:CHRD) Can Manage Its Debt Responsibly
Jul 01Chord Energy Corporation's (NASDAQ:CHRD) Earnings Are Not Doing Enough For Some Investors
Jun 05Chord Energy Expects $150 Million Per Year In Cost Savings By Merging With Enerplus
Apr 25Chord Energy And Enerplus: A Marriage That Makes Sense
Feb 26Analysts' Revenue Estimates For Chord Energy Corporation (NASDAQ:CHRD) Are Surging Higher
Feb 23Chord Energy Corporation's (NASDAQ:CHRD) Low P/E No Reason For Excitement
Feb 13Chord Energy: Will Q3's Production Growth Continue
Jan 26Is Chord Energy (NASDAQ:CHRD) A Risky Investment?
Jan 23Chord Energy Corporation's (NASDAQ:CHRD) Intrinsic Value Is Potentially 91% Above Its Share Price
Oct 18If EPS Growth Is Important To You, Chord Energy (NASDAQ:CHRD) Presents An Opportunity
Jul 25Is Chord Energy Corporation (NASDAQ:CHRD) Trading At A 42% Discount?
Jul 07If EPS Growth Is Important To You, Chord Energy (NASDAQ:CHRD) Presents An Opportunity
Apr 22Calculating The Fair Value Of Chord Energy Corporation (NASDAQ:CHRD)
Jan 20Does Chord Energy (NASDAQ:CHRD) Deserve A Spot On Your Watchlist?
Jan 03Chord Energy's (NASDAQ:CHRD) Solid Earnings May Rest On Weak Foundations
Nov 16Financial Position Analysis
Short Term Liabilities: CHRD's short term assets ($1.6B) do not cover its short term liabilities ($1.7B).
Long Term Liabilities: CHRD's short term assets ($1.6B) do not cover its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: CHRD's net debt to equity ratio (9.4%) is considered satisfactory.
Reducing Debt: CHRD's debt to equity ratio has reduced from 74.9% to 11.7% over the past 5 years.
Debt Coverage: CHRD's debt is well covered by operating cash flow (175.5%).
Interest Coverage: CHRD's interest payments on its debt are well covered by EBIT (36.9x coverage).