Comstock Resources Balance Sheet Health
Financial Health criteria checks 2/6
Comstock Resources has a total shareholder equity of $2.5B and total debt of $2.7B, which brings its debt-to-equity ratio to 109%. Its total assets and total liabilities are $6.3B and $3.8B respectively. Comstock Resources's EBIT is $68.8M making its interest coverage ratio 0.4. It has cash and short-term investments of $6.4M.
Key information
109.0%
Debt to equity ratio
US$2.70b
Debt
| Interest coverage ratio | 0.4x |
| Cash | US$6.42m |
| Equity | US$2.48b |
| Total liabilities | US$3.84b |
| Total assets | US$6.32b |
Recent financial health updates
Is Comstock Resources (NYSE:CRK) A Risky Investment?
Dec 12
These 4 Measures Indicate That Comstock Resources (NYSE:CRK) Is Using Debt Extensively
Aug 18Comstock Resources (NYSE:CRK) Has A Pretty Healthy Balance Sheet
Apr 27Is Comstock Resources (NYSE:CRK) A Risky Investment?
Dec 21Recent updates
Comstock Resources: Unexpected Downside Protection
May 06Comstock Resources: Another Jerry Jones 'Draft Pick'
Apr 29Comstock Resources: Increasing Liquidity Through Additional Notes And Equity Investments
Apr 21Comstock Resources: Ace In The Hole
Mar 15Comstock Resources: Dropping Rigs And Suspending Dividend To Reduce Cash Burn
Feb 14There Is A Reason Comstock Resources, Inc.'s (NYSE:CRK) Price Is Undemanding
Feb 11Comstock Resources: Serious Cash Flow, Debt And Dividend Headwinds Loom
Jan 22Comstock Resources: Betting On Jerry Jones
Jan 01Comstock Resources: The Race Is On
Dec 21Is Comstock Resources (NYSE:CRK) A Risky Investment?
Dec 12Comstock Resources: When The Market Gives You Lemons
Nov 19The Dividend Investor's Natural Gas Export Playbook - Part 5
Nov 11Comstock Resources (NYSE:CRK) Has Affirmed Its Dividend Of $0.125
Nov 03A Look At The Fair Value Of Comstock Resources, Inc. (NYSE:CRK)
Oct 25Comstock Resources: Upside Likely Requires $4 Long-Term Natural Gas
Oct 13Comstock Has A Strategic Advantage For Filling LNG Export Capacity
Oct 05These 4 Measures Indicate That Comstock Resources (NYSE:CRK) Is Using Debt Extensively
Aug 18Comstock Resources: Treading Water
Aug 08Here's Why We Think Comstock Resources (NYSE:CRK) Might Deserve Your Attention Today
Aug 05Comstock Resources: Dealing With Significantly Negative Near-Term Free Cash Flow
Aug 01Estimating The Fair Value Of Comstock Resources, Inc. (NYSE:CRK)
Jul 21Comstock Resources Stock: Now Or Never
Jul 20Comstock Resources: A Number Of Catalysts Over The Next Year
Jun 27Comstock Resources (NYSE:CRK) Has A Pretty Healthy Balance Sheet
Apr 27Calculating The Fair Value Of Comstock Resources, Inc. (NYSE:CRK)
Apr 06Comstock Resources: 3.8% Dividend Yield And 7-10% Growth
Feb 17Some Analysts Just Cut Their Comstock Resources, Inc. (NYSE:CRK) Estimates
Feb 15Comstock Resources: A Solid Way To Play A Potential Rebound In Natural Gas
Feb 09Comstock Resources jumps, Agree Realty dips on S&P index changes
Jan 30Comstock Resources: Going For Low And Lower
Jan 12Is Comstock Resources (NYSE:CRK) A Risky Investment?
Dec 21Comstock Resources May Generate Over $1 Billion In Positive Cash Flow In 2023
Dec 19Comstock Resources, Inc.'s (NYSE:CRK) Intrinsic Value Is Potentially 65% Above Its Share Price
Nov 29Comstock Resources declares $0.125 dividend
Nov 01Reevaluating Comstock Resources After The Decline In Near-Term Gas Prices
Oct 25Financial Position Analysis
Short Term Liabilities: CRK's short term assets ($358.1M) do not cover its short term liabilities ($556.0M).
Long Term Liabilities: CRK's short term assets ($358.1M) do not cover its long term liabilities ($3.3B).
Debt to Equity History and Analysis
Debt Level: CRK's net debt to equity ratio (108.8%) is considered high.
Reducing Debt: CRK's debt to equity ratio has reduced from 216.8% to 109% over the past 5 years.
Debt Coverage: CRK's debt is well covered by operating cash flow (29.7%).
Interest Coverage: CRK's interest payments on its debt are not well covered by EBIT (0.4x coverage).