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'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 08Are Investors Undervaluing ChampionX Corporation (NASDAQ:CHX) By 31%?
Dec 22Is Now The Time To Put ChampionX (NASDAQ:CHX) On Your Watchlist?
Oct 24Calculating The Fair Value Of ChampionX Corporation (NASDAQ:CHX)
Sep 21ChampionX's (NASDAQ:CHX) Returns On Capital Are Heading Higher
Sep 03Do ChampionX's (NASDAQ:CHX) Earnings Warrant Your Attention?
Jun 27Calculating The Intrinsic Value Of ChampionX Corporation (NASDAQ:CHX)
Jun 12ChampionX (NASDAQ:CHX) Shareholders Will Want The ROCE Trajectory To Continue
May 28A Look At The Fair Value Of ChampionX Corporation (NASDAQ:CHX)
Mar 08ChampionX (NASDAQ:CHX) Is Increasing Its Dividend To $0.085
Feb 21Here's Why We Think ChampionX (NASDAQ:CHX) Is Well Worth Watching
Feb 19Calculating The Intrinsic Value Of ChampionX Corporation (NASDAQ:CHX)
Nov 19ChampionX Corporation's (NASDAQ:CHX) P/E Is Still On The Mark Following 47% Share Price Bounce
Nov 01ChampionX Corporation: Shareholder Return Is The Strategic Focus
Sep 07ChampionX Non-GAAP EPS of $0.28 beats by $0.02, revenue of $932.57M beats by $38.47M
Jul 26ChampionX Corporation (NASDAQ:CHX) Shares Could Be 47% Below Their Intrinsic Value Estimate
Jul 24Financial 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).