HighPeak Energy Balance Sheet Health
Financial Health criteria checks 1/6
HighPeak Energy has a total shareholder equity of $1.6B and total debt of $1.1B, which brings its debt-to-equity ratio to 70%. Its total assets and total liabilities are $3.1B and $1.5B respectively. HighPeak Energy's EBIT is $443.2M making its interest coverage ratio 2.8. It has cash and short-term investments of $157.9M.
Key information
70.0%
Debt to equity ratio
US$1.10b
Debt
| Interest coverage ratio | 2.8x |
| Cash | US$157.91m |
| Equity | US$1.57b |
| Total liabilities | US$1.49b |
| Total assets | US$3.06b |
Recent financial health updates
HighPeak Energy (NASDAQ:HPK) Takes On Some Risk With Its Use Of Debt
Jun 17
Is HighPeak Energy (NASDAQ:HPK) Using Too Much Debt?
Jan 19Recent updates
HighPeak Energy: Total Production Holding Up Well, Although With A Declining Oil Cut
Oct 02Is HighPeak Energy, Inc. (NASDAQ:HPK) Expensive For A Reason? A Look At Its Intrinsic Value
Oct 01HighPeak Energy: A Low-Cost Producer
Sep 19Sentiment Still Eluding HighPeak Energy, Inc. (NASDAQ:HPK)
Jul 05HighPeak Energy (NASDAQ:HPK) Takes On Some Risk With Its Use Of Debt
Jun 17It's Unlikely That HighPeak Energy, Inc.'s (NASDAQ:HPK) CEO Will See A Huge Pay Rise This Year
May 29HighPeak Energy Makes Significant Progress With Operating Cost Reductions
May 17Calculating The Intrinsic Value Of HighPeak Energy, Inc. (NASDAQ:HPK)
May 14Why HighPeak Energy's (NASDAQ:HPK) Shaky Earnings Are Just The Beginning Of Its Problems
Mar 13Earnings Update: HighPeak Energy, Inc. (NASDAQ:HPK) Just Reported And Analysts Are Trimming Their Forecasts
Mar 10HighPeak Energy Expects Production To Decline From H2 2023 Levels (Downgrade)
Mar 08Further Upside For HighPeak Energy, Inc. (NASDAQ:HPK) Shares Could Introduce Price Risks After 27% Bounce
Mar 02Is HighPeak Energy (NASDAQ:HPK) Using Too Much Debt?
Jan 19Why We're Not Concerned About HighPeak Energy, Inc.'s (NASDAQ:HPK) Share Price
Jun 08With EPS Growth And More, HighPeak Energy (NASDAQ:HPK) Makes An Interesting Case
Apr 21Here's Why We Think HighPeak Energy (NASDAQ:HPK) Is Well Worth Watching
Dec 22HighPeak Energy: Drill Baby, Drill
Oct 18HighPeak Energy declares $0.025 dividend
Oct 11HighPeak Energy, Inc. Poised To Benefit From Strong Fossil Fuels Tailwinds
Aug 20Financial Position Analysis
Short Term Liabilities: HPK's short term assets ($258.6M) do not cover its short term liabilities ($278.9M).
Long Term Liabilities: HPK's short term assets ($258.6M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: HPK's net debt to equity ratio (59.9%) is considered high.
Reducing Debt: Insufficient data to determine if HPK's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: HPK's debt is well covered by operating cash flow (69.7%).
Interest Coverage: HPK's interest payments on its debt are not well covered by EBIT (2.8x coverage).