Weatherford International Balance Sheet Health
Financial Health criteria checks 5/6
Weatherford International has a total shareholder equity of $922.0M and total debt of $1.8B, which brings its debt-to-equity ratio to 198.5%. Its total assets and total liabilities are $5.1B and $4.1B respectively. Weatherford International's EBIT is $820.0M making its interest coverage ratio 6.7. It has cash and short-term investments of $958.0M.
Key information
198.5%
Debt to equity ratio
US$1.83b
Debt
Interest coverage ratio | 6.7x |
Cash | US$958.00m |
Equity | US$922.00m |
Total liabilities | US$4.15b |
Total assets | US$5.07b |
Recent financial health updates
Recent updates
The Trend Of High Returns At Weatherford International (NASDAQ:WFRD) Has Us Very Interested
Mar 18Weatherford International: Not Just Your Father's Fishing Tool Company Anymore
Mar 13Revenues Not Telling The Story For Weatherford International plc (NASDAQ:WFRD) After Shares Rise 28%
Mar 03Is Now The Time To Put Weatherford International (NASDAQ:WFRD) On Your Watchlist?
Feb 08Is Weatherford International (NASDAQ:WFRD) Using Too Much Debt?
Jan 23Unpleasant Surprises Could Be In Store For Weatherford International plc's (NASDAQ:WFRD) Shares
Jan 02Are Investors Undervaluing Weatherford International plc (NASDAQ:WFRD) By 37%?
Dec 12Under The Bonnet, Weatherford International's (NASDAQ:WFRD) Returns Look Impressive
Nov 21Calculating The Intrinsic Value Of Weatherford International plc (NASDAQ:WFRD)
Sep 13Weatherford International (NASDAQ:WFRD) Is Very Good At Capital Allocation
Aug 23Weatherford International plc's (NASDAQ:WFRD) Intrinsic Value Is Potentially 55% Above Its Share Price
Jun 15Weatherford International (NASDAQ:WFRD) Is Doing The Right Things To Multiply Its Share Price
May 24Subdued Growth No Barrier To Weatherford International plc (NASDAQ:WFRD) With Shares Advancing 26%
Apr 17Weatherford International plc (NASDAQ:WFRD) Shares Could Be 23% Below Their Intrinsic Value Estimate
Feb 08Financial Position Analysis
Short Term Liabilities: WFRD's short term assets ($3.3B) exceed its short term liabilities ($1.9B).
Long Term Liabilities: WFRD's short term assets ($3.3B) exceed its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: WFRD's net debt to equity ratio (94.6%) is considered high.
Reducing Debt: WFRD had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: WFRD's debt is well covered by operating cash flow (45.5%).
Interest Coverage: WFRD's interest payments on its debt are well covered by EBIT (6.7x coverage).