EQT Balance Sheet Health
Financial Health criteria checks 4/6
EQT has a total shareholder equity of $15.2B and total debt of $5.5B, which brings its debt-to-equity ratio to 36.3%. Its total assets and total liabilities are $25.4B and $10.3B respectively. EQT's EBIT is $1.1B making its interest coverage ratio 4.9. It has cash and short-term investments of $648.0M.
Key information
36.3%
Debt to equity ratio
US$5.50b
Debt
| Interest coverage ratio | 4.9x |
| Cash | US$648.05m |
| Equity | US$15.17b |
| Total liabilities | US$10.27b |
| Total assets | US$25.44b |
Recent financial health updates
Here's Why EQT (NYSE:EQT) Can Manage Its Debt Responsibly
Feb 11
EQT (NYSE:EQT) Seems To Use Debt Quite Sensibly
Aug 23Does EQT (NYSE:EQT) Have A Healthy Balance Sheet?
Apr 05Recent updates
We Think That There Are More Issues For EQT (NYSE:EQT) Than Just Sluggish Earnings
May 01EQT's (NYSE:EQT) Dividend Will Be $0.1575
Apr 24EQT Corporation: Equitrans Deal A Strong Positive Commercially
Apr 15EQT Looks To Lower Breakeven Costs With Equitrans Deal
Mar 26Benign Growth For EQT Corporation (NYSE:EQT) Underpins Its Share Price
Mar 26EQT Corp.: Surprise, It Is Not Absolute Storage Levels That Matter
Feb 15EQT (NYSE:EQT) Is Due To Pay A Dividend Of $0.1575
Feb 13Here's Why EQT (NYSE:EQT) Can Manage Its Debt Responsibly
Feb 11Do EQT's (NYSE:EQT) Earnings Warrant Your Attention?
Jan 04An Intrinsic Calculation For EQT Corporation (NYSE:EQT) Suggests It's 30% Undervalued
Dec 20EQT Corp.: Weakness In Natural Gas Makes Shares Vulnerable
Dec 06EQT Continues To Be A Strong Play On A Natural Gas Price Rebound
Nov 08EQT's (NYSE:EQT) Upcoming Dividend Will Be Larger Than Last Year's
Oct 27EQT: Strong Value Potential In Healthy Natural Gas Market
Oct 07Is There An Opportunity With EQT Corporation's (NYSE:EQT) 31% Undervaluation?
Sep 19EQT: Short-Term Expansion Yields Long-Term Cashflows For This Cheap Pureplay
Sep 11EQT Corporation: Getting The Gas Out Of The Basin
Sep 01EQT (NYSE:EQT) Seems To Use Debt Quite Sensibly
Aug 23EQT Corporation: Fulfilling The 3Ds Of Natural Gas Demand
Jul 25Unpleasant Surprises Could Be In Store For EQT Corporation's (NYSE:EQT) Shares
Jun 20EQT Corporation: Why I'm So Bullish On This Natural Gas Driller
Jun 07EQT Corporation (NYSE:EQT) Shares Could Be 32% Below Their Intrinsic Value Estimate
May 30Does EQT (NYSE:EQT) Have A Healthy Balance Sheet?
Apr 05EQT: Cash Flow Visibility And Capital Discipline Increase Its Long-Term Appeal
Feb 13EQT: Buy It Lower With A Global Recession Looming
Dec 20EQT's (NYSE:EQT) Soft Earnings Are Actually Better Than They Appear
Nov 03EQT: Strong Natural Gas Opportunity, Approximately 4x FCF
Oct 31EQT: Ticket Out Of The Basin
Oct 24EQT: So Much To Be Compelled About Here
Oct 04Financial Position Analysis
Short Term Liabilities: EQT's short term assets ($2.1B) do not cover its short term liabilities ($2.4B).
Long Term Liabilities: EQT's short term assets ($2.1B) do not cover its long term liabilities ($7.9B).
Debt to Equity History and Analysis
Debt Level: EQT's net debt to equity ratio (32%) is considered satisfactory.
Reducing Debt: EQT's debt to equity ratio has reduced from 45.3% to 36.3% over the past 5 years.
Debt Coverage: EQT's debt is well covered by operating cash flow (48.5%).
Interest Coverage: EQT's interest payments on its debt are well covered by EBIT (4.9x coverage).