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 Management Is At It Again (Ridgemar Energy Acquisition)
Dec 04Investors Shouldn't Be Too Comfortable With Crescent Energy's (NYSE:CRGY) Earnings
Nov 14Crescent 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 11Financial 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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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 03:49 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Crescent Energy Company is covered by 18 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Abbott | BofA Global Research |
| John Freeman | CGS International |
| William Janela | Credit Suisse |