Archrock Balance Sheet Health
Financial Health criteria checks 1/6
Archrock has a total shareholder equity of $1.3B and total debt of $2.2B, which brings its debt-to-equity ratio to 173.2%. Its total assets and total liabilities are $3.8B and $2.5B respectively. Archrock's EBIT is $329.4M making its interest coverage ratio 2.9. It has cash and short-term investments of $3.7M.
Key information
173.2%
Debt to equity ratio
US$2.24b
Debt
| Interest coverage ratio | 2.9x |
| Cash | US$3.75m |
| Equity | US$1.29b |
| Total liabilities | US$2.53b |
| Total assets | US$3.82b |
Recent financial health updates
Archrock (NYSE:AROC) Has A Somewhat Strained Balance Sheet
Jun 04
Here's Why Archrock (NYSE:AROC) Has A Meaningful Debt Burden
Jan 09Archrock (NYSE:AROC) Has A Somewhat Strained Balance Sheet
Sep 17Is Archrock (NYSE:AROC) Using Too Much Debt?
Jan 31Recent updates
Archrock: Steadily Improving Profitability Through Natural Gas Compression
Nov 17Archrock's (NYSE:AROC) Dividend Will Be Increased To $0.175
Oct 28Archrock, Inc.'s (NYSE:AROC) Popularity With Investors Is Clear
Aug 28There May Be Underlying Issues With The Quality Of Archrock's (NYSE:AROC) Earnings
Aug 07Is Now The Time To Put Archrock (NYSE:AROC) On Your Watchlist?
Jul 15Archrock: A Solid Bet On A Growing Industry And Favorable Market Dynamics
Jul 09There's Been No Shortage Of Growth Recently For Archrock's (NYSE:AROC) Returns On Capital
Jun 18Archrock (NYSE:AROC) Has A Somewhat Strained Balance Sheet
Jun 04Is Archrock, Inc. (NYSE:AROC) Trading At A 35% Discount?
May 21Archrock Will Be An Industry Leader In Natural Gas Compression
May 09Here'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 31Financial Position Analysis
Short Term Liabilities: AROC's short term assets ($244.7M) exceed its short term liabilities ($194.7M).
Long Term Liabilities: AROC's short term assets ($244.7M) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: AROC's net debt to equity ratio (173%) is considered high.
Reducing Debt: AROC's debt to equity ratio has increased from 173% to 173.2% over the past 5 years.
Debt Coverage: AROC's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: AROC's interest payments on its debt are not well covered by EBIT (2.9x coverage).