Coterra Energy Balance Sheet Health
Financial Health criteria checks 5/6
Coterra Energy has a total shareholder equity of $13.0B and total debt of $2.2B, which brings its debt-to-equity ratio to 16.6%. Its total assets and total liabilities are $20.4B and $7.4B respectively. Coterra Energy's EBIT is $2.2B making its interest coverage ratio 45.8. It has cash and short-term investments of $956.0M.
Key information
16.6%
Debt to equity ratio
US$2.16b
Debt
Interest coverage ratio | 45.8x |
Cash | US$956.00m |
Equity | US$13.05b |
Total liabilities | US$7.37b |
Total assets | US$20.42b |
Recent financial health updates
Is Coterra Energy (NYSE:CTRA) Using Too Much Debt?
Mar 05These 4 Measures Indicate That Coterra Energy (NYSE:CTRA) Is Using Debt Reasonably Well
Nov 28Coterra Energy (NYSE:CTRA) Has A Rock Solid Balance Sheet
Jul 28Coterra Energy (NYSE:CTRA) Seems To Use Debt Rather Sparingly
Apr 28Coterra Energy (NYSE:CTRA) Seems To Use Debt Rather Sparingly
Jan 24Is Coterra Energy (NYSE:CTRA) Using Too Much Debt?
Oct 06Recent updates
Is Coterra Energy (NYSE:CTRA) Using Too Much Debt?
Mar 05Coterra Energy Inc.'s (NYSE:CTRA) Low P/E No Reason For Excitement
Feb 11Coterra Energy: Impressive Production, But Hold Until Market Conditions Improve
Jan 25Coterra Energy: Accumulate For Oil's Rebound
Jan 19Is There An Opportunity With Coterra Energy Inc.'s (NYSE:CTRA) 24% Undervaluation?
Dec 16Coterra Energy: Strong Operational Performance, But Limited Hedges Against Falling Gas Prices (Rating Upgrade)
Dec 14Coterra's Shift Towards Oil Should Lift Shares
Dec 07These 4 Measures Indicate That Coterra Energy (NYSE:CTRA) Is Using Debt Reasonably Well
Nov 28Coterra: Navigating Energy Transition With Resilient Balance Sheet
Nov 01Coterra Energy: An Undervalued Permian Play
Sep 24Coterra Energy: Free Cash Flow Projected To Increase To $1.7 Billion In 2024
Aug 21Are Investors Undervaluing Coterra Energy Inc. (NYSE:CTRA) By 24%?
Aug 18Coterra Energy (NYSE:CTRA) Has A Rock Solid Balance Sheet
Jul 28Coterra Energy: A Bullish Bet For Energy Investors
Jul 20We Ran A Stock Scan For Earnings Growth And Coterra Energy (NYSE:CTRA) Passed With Ease
Jul 10Coterra Energy: Shifting Outlook From Doubt To Bullish (Rating Upgrade)
Jun 21Coterra Energy: Lower Natural Gas Prices Could Hurt The Stock The Next Quarter
Jun 12A Look At The Fair Value Of Coterra Energy Inc. (NYSE:CTRA)
May 13Coterra Energy (NYSE:CTRA) Seems To Use Debt Rather Sparingly
Apr 28Should You Be Adding Coterra Energy (NYSE:CTRA) To Your Watchlist Today?
Apr 10Coterra Energy Non-GAAP EPS of $1.16 beats by $0.06, revenue of $2.28B beats by $230M
Feb 22Coterra Energy: Another Ball Game In 2023
Feb 07Coterra Energy (NYSE:CTRA) Seems To Use Debt Rather Sparingly
Jan 24If EPS Growth Is Important To You, Coterra Energy (NYSE:CTRA) Presents An Opportunity
Jan 09A Look At The Fair Value Of Coterra Energy Inc. (NYSE:CTRA)
Dec 23Coterra Energy (NYSE:CTRA) Is Increasing Its Dividend To $0.68
Nov 07Coterra Energy: Beyond The Selloff
Nov 04Coterra: Projected To Generate Close To $5 Billion In FCF In 2H 2022 And 2023
Oct 29Is Coterra Energy (NYSE:CTRA) Using Too Much Debt?
Oct 06Coterra: Not Even Close To Finished
Oct 03A Look At The Fair Value Of Coterra Energy Inc. (NYSE:CTRA)
Sep 21Coterra Energy to redeem senior notes due 2024
Sep 20Coterra Energy: A Bet On Natural Gas Prices, But Not As Cheap As It Looks
Sep 05Coterra: Adding Fire To Your Portfolio
Aug 30Is Now The Time To Put Coterra Energy (NYSE:CTRA) On Your Watchlist?
Aug 22Coterra Energy Hit Its Stride In The Second Quarter
Aug 11Coterra Energy Non-GAAP EPS of $1.35 beats by $0.07
Aug 02Coterra Energy Q2 Earnings Preview: What You Need To Know
Jul 19Coterra Energy: Avoid Buying This Dip (Technical Analysis)
Jul 07Does Coterra Energy (NYSE:CTRA) Have A Healthy Balance Sheet?
Jun 28Coterra Energy: High Yield, Strong Balance Sheet, Attractive Price
Jun 16Estimating The Fair Value Of Coterra Energy Inc. (NYSE:CTRA)
Jun 13Coterra Energy: 8.9% Yield That Will Increase Further
Jun 07Financial Position Analysis
Short Term Liabilities: CTRA's short term assets ($2.0B) exceed its short term liabilities ($1.7B).
Long Term Liabilities: CTRA's short term assets ($2.0B) do not cover its long term liabilities ($5.7B).
Debt to Equity History and Analysis
Debt Level: CTRA's net debt to equity ratio (9.2%) is considered satisfactory.
Reducing Debt: CTRA's debt to equity ratio has reduced from 58.7% to 16.6% over the past 5 years.
Debt Coverage: CTRA's debt is well covered by operating cash flow (169.3%).
Interest Coverage: CTRA's interest payments on its debt are well covered by EBIT (45.8x coverage).