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 ratio2.6x
CashUS$136.15m
EquityUS$4.20b
Total liabilitiesUS$5.05b
Total assetsUS$9.25b

Recent financial health updates

Recent updates

Investors Shouldn't Be Too Comfortable With Crescent Energy's (NYSE:CRGY) Earnings

Nov 14
Investors Shouldn't Be Too Comfortable With Crescent Energy's (NYSE:CRGY) Earnings

Crescent Energy: Eagle Ford Or Bust

Nov 05

Crescent Energy Company (NYSE:CRGY) Surges 27% Yet Its Low P/S Is No Reason For Excitement

Oct 11
Crescent Energy Company (NYSE:CRGY) Surges 27% Yet Its Low P/S Is No Reason For Excitement

Crescent Energy Builds Eagle Ford Position

Sep 07

Crescent Energy (NYSE:CRGY) Is Due To Pay A Dividend Of $0.12

Aug 09
Crescent Energy (NYSE:CRGY) Is Due To Pay A Dividend Of $0.12

Crescent Energy: Eagle Ford Is Now 'The' Core Area

Aug 06

Crescent Energy Company's (NYSE:CRGY) Shares Not Telling The Full Story

Jul 17
Crescent Energy Company's (NYSE:CRGY) Shares Not Telling The Full Story

Is Crescent Energy (NYSE:CRGY) A Risky Investment?

Jun 17
Is Crescent Energy (NYSE:CRGY) A Risky Investment?

Crescent Energy Snatches Up SilverBow Resources For A Steal

May 19

Crescent Energy: Suddenly Operational Improvements Are Center Stage

May 12

Crescent Energy (NYSE:CRGY) Has Announced A Dividend Of $0.12

May 09
Crescent Energy (NYSE:CRGY) Has Announced A Dividend Of $0.12

Results: Crescent Energy Company Exceeded Expectations And The Consensus Has Updated Its Estimates

Mar 07
Results: Crescent Energy Company Exceeded Expectations And The Consensus Has Updated Its Estimates

Crescent Energy: The Beginning Of A Lot Of Potential Gains

Mar 06

Here's Why Crescent Energy (NYSE:CRGY) Is Weighed Down By Its Debt Load

Feb 22
Here's Why Crescent Energy (NYSE:CRGY) Is Weighed Down By Its Debt Load

Crescent Energy Company's (NYSE:CRGY) Shares Not Telling The Full Story

Jan 05
Crescent Energy Company's (NYSE:CRGY) Shares Not Telling The Full Story

Crescent Energy: Recent Acquisitions And Efficiency Efforts Imply A Cheap Valuation

Dec 30

Crescent Energy: Let's Make A Deal

Oct 12

Crescent Energy: Curling Higher, With Cash Dividends + ROIC In Situ, Rating Buy

Sep 11

Investors Aren't Buying Crescent Energy Company's (NYSE:CRGY) Earnings

Jul 12
Investors Aren't Buying Crescent Energy Company's (NYSE:CRGY) Earnings

Crescent Energy: Catching Up

Jun 22

Financial 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).


Balance Sheet


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