Crescent Energy Balance Sheet Health
Financial Health criteria checks 1/6
Crescent Energy has a total shareholder equity of $4.2B and total debt of $3.2B, which brings its debt-to-equity ratio to 76.9%. Its total assets and total liabilities are $9.3B and $5.1B respectively. Crescent Energy's EBIT is $493.8M making its interest coverage ratio 2.6. It has cash and short-term investments of $136.2M.
Key information
76.9%
Debt to equity ratio
US$3.23b
Debt
| Interest coverage ratio | 2.6x |
| Cash | US$136.15m |
| Equity | US$4.20b |
| Total liabilities | US$5.05b |
| Total assets | US$9.25b |
Recent financial health updates
Is Crescent Energy (NYSE:CRGY) A Risky Investment?
Jun 17
Here's Why Crescent Energy (NYSE:CRGY) Is Weighed Down By Its Debt Load
Feb 22Recent updates
Crescent Energy: Eagle Ford Or Bust
Nov 05Crescent Energy Company (NYSE:CRGY) Surges 27% Yet Its Low P/S Is No Reason For Excitement
Oct 11Crescent Energy Builds Eagle Ford Position
Sep 07Crescent Energy (NYSE:CRGY) Is Due To Pay A Dividend Of $0.12
Aug 09Crescent Energy: Eagle Ford Is Now 'The' Core Area
Aug 06Crescent Energy Company's (NYSE:CRGY) Shares Not Telling The Full Story
Jul 17Is Crescent Energy (NYSE:CRGY) A Risky Investment?
Jun 17Crescent Energy Snatches Up SilverBow Resources For A Steal
May 19Crescent Energy: Suddenly Operational Improvements Are Center Stage
May 12Crescent Energy (NYSE:CRGY) Has Announced A Dividend Of $0.12
May 09Results: Crescent Energy Company Exceeded Expectations And The Consensus Has Updated Its Estimates
Mar 07Crescent Energy: The Beginning Of A Lot Of Potential Gains
Mar 06Here's Why Crescent Energy (NYSE:CRGY) Is Weighed Down By Its Debt Load
Feb 22Crescent Energy Company's (NYSE:CRGY) Shares Not Telling The Full Story
Jan 05Crescent Energy: Recent Acquisitions And Efficiency Efforts Imply A Cheap Valuation
Dec 30Crescent Energy: Let's Make A Deal
Oct 12Crescent Energy: Curling Higher, With Cash Dividends + ROIC In Situ, Rating Buy
Sep 11Investors Aren't Buying Crescent Energy Company's (NYSE:CRGY) Earnings
Jul 12Crescent Energy: Catching Up
Jun 22Financial Position Analysis
Short Term Liabilities: CRGY's short term assets ($864.7M) do not cover its short term liabilities ($929.8M).
Long Term Liabilities: CRGY's short term assets ($864.7M) do not cover its long term liabilities ($4.1B).
Debt to Equity History and Analysis
Debt Level: CRGY's net debt to equity ratio (73.6%) is considered high.
Reducing Debt: Insufficient data to determine if CRGY's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CRGY's debt is well covered by operating cash flow (36%).
Interest Coverage: CRGY's interest payments on its debt are not well covered by EBIT (2.6x coverage).