ChampionX Corporation

NasdaqGS:CHX Stock Report

Market Cap: US$5.6b

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 ratio8.2x
CashUS$389.11m
EquityUS$1.80b
Total liabilitiesUS$1.58b
Total assetsUS$3.38b

Recent financial health updates

Recent updates

ChampionX Acquisition By Schlumberger Still Moving Along

Nov 04

ChampionX's (NASDAQ:CHX) Dividend Will Be Increased To $0.095

Apr 03
ChampionX's (NASDAQ:CHX) Dividend Will Be Increased To $0.095

An Intrinsic Calculation For ChampionX Corporation (NASDAQ:CHX) Suggests It's 28% Undervalued

Mar 30
An Intrinsic Calculation For ChampionX Corporation (NASDAQ:CHX) Suggests It's 28% Undervalued

Is ChampionX (NASDAQ:CHX) Using Too Much Debt?

Mar 15
Is ChampionX (NASDAQ:CHX) Using Too Much Debt?

ChampionX Corporation: A Rise In Demand Will Keep It Balanced

Mar 04

With EPS Growth And More, ChampionX (NASDAQ:CHX) Makes An Interesting Case

Feb 28
With EPS Growth And More, ChampionX (NASDAQ:CHX) Makes An Interesting Case

ChampionX's (NASDAQ:CHX) Upcoming Dividend Will Be Larger Than Last Year's

Feb 13
ChampionX's (NASDAQ:CHX) Upcoming Dividend Will Be Larger Than Last Year's

ChampionX Corporation: Shareholder Return Is The Strategic Focus

Sep 07

Financial 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

DataLast Updated (UTC time)
Company Analysis2025/01/31 14:07
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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.

AnalystInstitution
J. David AndersonBarclays
J. David AndersonBarclays
Douglas BeckerBenchmark Company