Amplify Energy Balance Sheet Health
Financial Health criteria checks 4/6
Amplify Energy has a total shareholder equity of $381.0M and total debt of $115.0M, which brings its debt-to-equity ratio to 30.2%. Its total assets and total liabilities are $712.2M and $331.2M respectively. Amplify Energy's EBIT is $48.5M making its interest coverage ratio 3.1. It has cash and short-term investments of $3.0M.
Key information
30.2%
Debt to equity ratio
US$115.00m
Debt
| Interest coverage ratio | 3.1x |
| Cash | US$2.99m |
| Equity | US$381.02m |
| Total liabilities | US$331.19m |
| Total assets | US$712.20m |
Recent financial health updates
Recent updates
Amplify Energy: Focusing On Beta Development
Apr 23Amplify Energy's (NYSE:AMPY) Earnings Might Be Weaker Than You Think
Mar 15
Amplify Energy: With Upside Catalysts, An Ideal Buying Opportunity Has Emerged In This $5 Oil Stock
Feb 08Amplify Energy: Better Hedged And Upcoming Catalysts
Jan 02Amplify Energy: Q3 Results Suggest An Attractive Trajectory
Nov 08Amplify Energy: Improved Projected Free Cash Flow Despite New Hedges
Oct 28Amplify Energy: A Long-Term Winner On Valuation And Quality Assets
Aug 23Amplify Energy: Improving Financial Position After Settlement And Beta Production Ramp Up
Aug 14Amplify Remains Cheap, And A Potential Steal If An Acquisition Comes In
May 25Amplify Energy extends revolving credit facility and revises borrowing base
Dec 14Returns On Capital Are A Standout For Amplify Energy (NYSE:AMPY)
Dec 08Amplify Energy GAAP EPS of $1.17, revenue of $126.29M
Nov 01Amplify Somewhat Derisked As California Assets Expected Back Online In Months
Oct 04Amplify Energy Corp. Has Fantastic Revenue, Poor Profitability And Appears Overpriced Vs. Peers
Sep 15Amplify Energy to pay $4.9M fine to California govt to settle charges over oil spill
Sep 08Returns On Capital Are Showing Encouraging Signs At Amplify Energy (NYSE:AMPY)
Aug 05Amplify Energy GAAP EPS of $0.73, revenue of $121.78M
Aug 03Elon Musk's Crazy Twitter Tweets, Amplify's Oil Spill And Kohl's Retail Dumpster Fire
Jun 23Amplify Remains Undervalued Despite 123%/Year Price Gain Since March 2020
May 24Bull Case Solidifies Further For Amplify Energy
Mar 06Amplify Offers Exceptional Value As A Smallcap E&P
Feb 11Amplify Energy Priced Attractively After Spill More Than Discounted In Valuation
Jan 073 Ways To Beat The Tax Man: Amplify Energy, Pro-Dex And 1847 Goedeker
Nov 24Amplify Is Still Undervalued Despite The Oil Spill
Oct 08Estimating The Fair Value Of Amplify Energy Corp. (NYSE:AMPY)
Oct 05Amplify Energy: May Be Able To Eliminate Its Net Debt By 2024
Jul 23Amplify Energy: Trading At A Significant Discount To PDP Reserve Value
Jun 09Amplify Energy Corp. 2021 Q1 - Results - Earnings Call Presentation
May 10Amplify Energy EPS misses by $0.61, beats on revenue
May 05An Intrinsic Calculation For Amplify Energy Corp. (NYSE:AMPY) Suggests It's 49% Undervalued
Apr 02Financial Position Analysis
Short Term Liabilities: AMPY's short term assets ($62.3M) do not cover its short term liabilities ($79.3M).
Long Term Liabilities: AMPY's short term assets ($62.3M) do not cover its long term liabilities ($251.9M).
Debt to Equity History and Analysis
Debt Level: AMPY's net debt to equity ratio (29.4%) is considered satisfactory.
Reducing Debt: AMPY's debt to equity ratio has reduced from 70% to 30.2% over the past 5 years.
Debt Coverage: AMPY's debt is well covered by operating cash flow (51.3%).
Interest Coverage: AMPY's interest payments on its debt are well covered by EBIT (3.1x coverage).