ChampionX Balance Sheet Health
Financial Health criteria checks 6/6
ChampionX has a total shareholder equity of $1.8B and total debt of $598.5M, which brings its debt-to-equity ratio to 33.3%. Its total assets and total liabilities are $3.4B and $1.6B respectively. ChampionX's EBIT is $510.1M making its interest coverage ratio 8.2. It has cash and short-term investments of $389.1M.
Key information
33.3%
Debt to equity ratio
US$598.46m
Debt
| Interest coverage ratio | 8.2x |
| Cash | US$389.11m |
| Equity | US$1.80b |
| Total liabilities | US$1.58b |
| Total assets | US$3.38b |
Recent financial health updates
Recent updates
ChampionX Acquisition By Schlumberger Still Moving Along
Nov 04ChampionX's (NASDAQ:CHX) Dividend Will Be Increased To $0.095
Apr 03
An Intrinsic Calculation For ChampionX Corporation (NASDAQ:CHX) Suggests It's 28% Undervalued
Mar 30Is ChampionX (NASDAQ:CHX) Using Too Much Debt?
Mar 15ChampionX Corporation: A Rise In Demand Will Keep It Balanced
Mar 04With EPS Growth And More, ChampionX (NASDAQ:CHX) Makes An Interesting Case
Feb 28ChampionX's (NASDAQ:CHX) Upcoming Dividend Will Be Larger Than Last Year's
Feb 13ChampionX Corporation's (NASDAQ:CHX) Subdued P/E Might Signal An Opportunity
Jan 23The Trend Of High Returns At ChampionX (NASDAQ:CHX) Has Us Very Interested
Jan 08ChampionX Corporation: Shareholder Return Is The Strategic Focus
Sep 07Financial Position Analysis
Short Term Liabilities: CHX's short term assets ($1.4B) exceed its short term liabilities ($740.2M).
Long Term Liabilities: CHX's short term assets ($1.4B) exceed its long term liabilities ($838.5M).
Debt to Equity History and Analysis
Debt Level: CHX's net debt to equity ratio (11.6%) is considered satisfactory.
Reducing Debt: CHX's debt to equity ratio has reduced from 56.1% to 33.3% over the past 5 years.
Debt Coverage: CHX's debt is well covered by operating cash flow (92.1%).
Interest Coverage: CHX's interest payments on its debt are well covered by EBIT (8.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 14:00 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ChampionX Corporation is covered by 25 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| J. David Anderson | Barclays |
| J. David Anderson | Barclays |
| Douglas Becker | Benchmark Company |