EQT Balance Sheet Health
Financial Health criteria checks 0/6
EQT has a total shareholder equity of $20.5B and total debt of $13.8B, which brings its debt-to-equity ratio to 67.3%. Its total assets and total liabilities are $39.9B and $19.5B respectively. EQT's EBIT is $540.3M making its interest coverage ratio 1.8. It has cash and short-term investments of $89.0M.
Key information
67.3%
Debt to equity ratio
US$13.79b
Debt
| Interest coverage ratio | 1.8x |
| Cash | US$88.98m |
| Equity | US$20.49b |
| Total liabilities | US$19.46b |
| Total assets | US$39.95b |
Recent financial health updates
Here's Why EQT (NYSE:EQT) Has A Meaningful Debt Burden
Sep 04
Here's Why EQT (NYSE:EQT) Has A Meaningful Debt Burden
May 24Here's Why EQT (NYSE:EQT) Can Manage Its Debt Responsibly
Feb 11EQT (NYSE:EQT) Seems To Use Debt Quite Sensibly
Aug 23Recent updates
What EQT Corporation's (NYSE:EQT) 28% Share Price Gain Is Not Telling You
Nov 21Shaky Earnings May Not Tell The Whole Story For EQT (NYSE:EQT)
Nov 06EQT: With Risks From The Debt, New Deals Could Push The Price
Oct 30EQT (NYSE:EQT) Is Due To Pay A Dividend Of $0.1575
Oct 30EQT (NYSE:EQT) Is Paying Out A Dividend Of $0.1575
Oct 14Is EQT Corporation (NYSE:EQT) Trading At A 49% Discount?
Sep 19Buying EQT Stock On Solid Internals And A Favorable External Market Outlook
Sep 19Here's Why EQT (NYSE:EQT) Has A Meaningful Debt Burden
Sep 04EQT: This Quarter May Mark A Stock Price And Earnings Bottom
Jul 24EQT (NYSE:EQT) Has Announced A Dividend Of $0.1575
Jul 22Shareholders Should Be Pleased With EQT Corporation's (NYSE:EQT) Price
Jul 15Here's Why EQT (NYSE:EQT) Has A Meaningful Debt Burden
May 24EQT: Cementing Position As Low-Cost Gas Producer (Raising Target Price)
May 08We 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 25Financial Position Analysis
Short Term Liabilities: EQT's short term assets ($1.1B) do not cover its short term liabilities ($2.1B).
Long Term Liabilities: EQT's short term assets ($1.1B) do not cover its long term liabilities ($17.3B).
Debt to Equity History and Analysis
Debt Level: EQT's net debt to equity ratio (66.9%) is considered high.
Reducing Debt: EQT's debt to equity ratio has increased from 47.3% to 67.3% over the past 5 years.
Debt Coverage: EQT's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: EQT's interest payments on its debt are not well covered by EBIT (1.8x coverage).