KLX Energy Services Holdings Balance Sheet Health
Financial Health criteria checks 2/6
KLX Energy Services Holdings has a total shareholder equity of $38.8M and total debt of $284.3M, which brings its debt-to-equity ratio to 732.7%. Its total assets and total liabilities are $539.8M and $501.0M respectively. KLX Energy Services Holdings's EBIT is $55.0M making its interest coverage ratio 1.6. It has cash and short-term investments of $112.5M.
Key information
732.7%
Debt to equity ratio
US$284.30m
Debt
| Interest coverage ratio | 1.6x |
| Cash | US$112.50m |
| Equity | US$38.80m |
| Total liabilities | US$501.00m |
| Total assets | US$539.80m |
Recent financial health updates
Does KLX Energy Services Holdings (NASDAQ:KLXE) Have A Healthy Balance Sheet?
Mar 09
Here's Why KLX Energy Services Holdings (NASDAQ:KLXE) Has A Meaningful Debt Burden
Sep 28Is KLX Energy Services Holdings (NASDAQ:KLXE) Using Debt Sensibly?
Mar 11Health Check: How Prudently Does KLX Energy Services Holdings (NASDAQ:KLXE) Use Debt?
Nov 20Recent updates
Shareholders Can Be Confident That KLX Energy Services Holdings' (NASDAQ:KLXE) Earnings Are High Quality
Mar 15Does KLX Energy Services Holdings (NASDAQ:KLXE) Have A Healthy Balance Sheet?
Mar 09Low-Risk High Reward In KLX Energy Services 11.5% Yield Baby Bonds
Feb 01Debt-Heavy But Driving Profits: KLX Energy's Contrarian Appeal
Jan 25Insufficient Growth At KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) Hampers Share Price
Dec 19Here's Why KLX Energy Services Holdings (NASDAQ:KLXE) Has A Meaningful Debt Burden
Sep 28Market Cool On KLX Energy Services Holdings, Inc.'s (NASDAQ:KLXE) Revenues
Apr 18KLX Energy: The 30% Surge Is Not The End
Sep 30KLX Energy: A Stock To Sell Despite The Energy Boom
Aug 22KLX Energy Services GAAP EPS of -$0.67, revenue of $184.4M
Aug 11Is KLX Energy Services Holdings (NASDAQ:KLXE) Using Debt Sensibly?
Mar 11If You Had Bought KLX Energy Services Holdings' (NASDAQ:KLXE) Shares A Year Ago You Would Be Down 48%
Feb 04KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) Just Reported Earnings, And Analysts Cut Their Target Price
Dec 10KLX Energy Services EPS misses by $0.09, beats on revenue
Dec 07Health Check: How Prudently Does KLX Energy Services Holdings (NASDAQ:KLXE) Use Debt?
Nov 20Financial Position Analysis
Short Term Liabilities: KLXE's short term assets ($290.3M) exceed its short term liabilities ($164.1M).
Long Term Liabilities: KLXE's short term assets ($290.3M) do not cover its long term liabilities ($336.9M).
Debt to Equity History and Analysis
Debt Level: KLXE's net debt to equity ratio (442.8%) is considered high.
Reducing Debt: KLXE's debt to equity ratio has increased from 72.1% to 732.7% over the past 5 years.
Debt Coverage: KLXE's debt is well covered by operating cash flow (40.7%).
Interest Coverage: KLXE's interest payments on its debt are not well covered by EBIT (1.6x coverage).