Archrock Balance Sheet Health
Financial Health criteria checks 3/6
Archrock has a total shareholder equity of $882.1M and total debt of $1.6B, which brings its debt-to-equity ratio to 177.6%. Its total assets and total liabilities are $2.7B and $1.8B respectively. Archrock's EBIT is $289.8M making its interest coverage ratio 2.6. It has cash and short-term investments of $1.2M.
Key information
177.6%
Debt to equity ratio
US$1.57b
Debt
| Interest coverage ratio | 2.6x |
| Cash | US$1.16m |
| Equity | US$882.08m |
| Total liabilities | US$1.78b |
| Total assets | US$2.66b |
Recent financial health updates
Here's Why Archrock (NYSE:AROC) Has A Meaningful Debt Burden
Jan 09
Archrock (NYSE:AROC) Has A Somewhat Strained Balance Sheet
Sep 17Is Archrock (NYSE:AROC) Using Too Much Debt?
Jan 31Is Archrock (NYSE:AROC) Using Too Much Debt?
Sep 01Archrock (NYSE:AROC) Has A Somewhat Strained Balance Sheet
Feb 25These 4 Measures Indicate That Archrock (NYSE:AROC) Is Using Debt In A Risky Way
Jul 17Recent updates
Here's Why We Think Archrock (NYSE:AROC) Might Deserve Your Attention Today
Apr 09Archrock, Inc.'s (NYSE:AROC) Price In Tune With Earnings
Mar 25Archrock Is Set To Ride A Strong Compression Market
Feb 02Archrock (NYSE:AROC) Will Pay A Larger Dividend Than Last Year At $0.165
Jan 30There's Been No Shortage Of Growth Recently For Archrock's (NYSE:AROC) Returns On Capital
Jan 28Here's Why Archrock (NYSE:AROC) Has A Meaningful Debt Burden
Jan 09Archrock, Inc.'s (NYSE:AROC) Popularity With Investors Is Clear
Dec 22Archrock: Strong Q3 Results With 4.5% Dividend Yield, Is It Worth It?
Nov 14Is There An Opportunity With Archrock, Inc.'s (NYSE:AROC) 40% Undervaluation?
Oct 24Archrock (NYSE:AROC) Is Experiencing Growth In Returns On Capital
Oct 05Archrock (NYSE:AROC) Has A Somewhat Strained Balance Sheet
Sep 17Archrock: Recent Guidance Increase And Deleveraging Expectations
Aug 23We Ran A Stock Scan For Earnings Growth And Archrock (NYSE:AROC) Passed With Ease
Aug 19Archrock (NYSE:AROC) Has Announced That It Will Be Increasing Its Dividend To $0.155
Jul 31Does Archrock (NYSE:AROC) Deserve A Spot On Your Watchlist?
May 14Archrock's (NYSE:AROC) Dividend Will Be Increased To $0.15
May 01Archrock Q4 2022 Earnings Preview
Feb 20Is Archrock (NYSE:AROC) Using Too Much Debt?
Jan 31Archrock raises quarterly dividend by 3.4% to $0.15/share
Jan 26Archrock GAAP EPS of $0.10, revenue of $213.7M
Nov 03Archrock's (NYSE:AROC) Dividend Will Be $0.145
Oct 31Archrock declares $0.145 dividend
Oct 27Archrock: Keeping The Pressure Up
Sep 26Is Archrock (NYSE:AROC) Using Too Much Debt?
Sep 01Archrock (NYSE:AROC) Is Due To Pay A Dividend Of $0.145
Aug 04Archrock GAAP EPS of $0.11 misses by $0.01, revenue of $215.8M
Aug 02Archrock Stock Offers Good Dividend But Little Growth
Mar 02Archrock (NYSE:AROC) Has A Somewhat Strained Balance Sheet
Feb 25These 4 Measures Indicate That Archrock (NYSE:AROC) Is Using Debt In A Risky Way
Jul 17A Look At The Intrinsic Value Of Archrock, Inc. (NYSE:AROC)
Jun 19Archrock declares $0.145 dividend
Apr 28Financial Position Analysis
Short Term Liabilities: AROC's short term assets ($193.7M) exceed its short term liabilities ($153.2M).
Long Term Liabilities: AROC's short term assets ($193.7M) do not cover its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: AROC's net debt to equity ratio (177.5%) is considered high.
Reducing Debt: AROC's debt to equity ratio has reduced from 187.8% to 177.6% over the past 5 years.
Debt Coverage: AROC's debt is well covered by operating cash flow (23%).
Interest Coverage: AROC's interest payments on its debt are not well covered by EBIT (2.6x coverage).