Earthstone Energy Balance Sheet Health
Financial Health criteria checks 2/6
Earthstone Energy has a total shareholder equity of $2.6B and total debt of $1.7B, which brings its debt-to-equity ratio to 66.7%. Its total assets and total liabilities are $5.1B and $2.6B respectively. Earthstone Energy's EBIT is $597.7M making its interest coverage ratio 5.5. It has cash and short-term investments of $16.6M.
Key information
66.7%
Debt to equity ratio
US$1.72b
Debt
| Interest coverage ratio | 5.5x |
| Cash | US$16.59m |
| Equity | US$2.58b |
| Total liabilities | US$2.56b |
| Total assets | US$5.15b |
Recent financial health updates
Here's Why Earthstone Energy (NYSE:ESTE) Can Manage Its Debt Responsibly
Aug 16
Earthstone Energy (NYSE:ESTE) Takes On Some Risk With Its Use Of Debt
May 05These 4 Measures Indicate That Earthstone Energy (NYSE:ESTE) Is Using Debt Extensively
Sep 19Recent updates
Permian Resources: The Best Permian Pure Play On The Market
Oct 08Earthstone Energy: Valued Fairly In Its $4.5 Billion Acquisition By Permian Resources
Aug 22Here's Why Earthstone Energy (NYSE:ESTE) Can Manage Its Debt Responsibly
Aug 16Earthstone Energy: Still Shopping For Bargains
Jul 26Earthstone Buys Novo Oil & Gas For A Modest Price; Significant Upside For Heavily Discounted Vital Energy
Jun 18Why We Like The Returns At Earthstone Energy (NYSE:ESTE)
Jun 08Here's Why We Think Earthstone Energy (NYSE:ESTE) Is Well Worth Watching
May 23Earthstone Energy (NYSE:ESTE) Takes On Some Risk With Its Use Of Debt
May 05A Look At The Fair Value Of Earthstone Energy, Inc. (NYSE:ESTE)
Mar 07Earthstone Energy Provides 2023 Guidance After A Strong Finish To 2022
Feb 17Earthstone Energy: It Is Showtime
Dec 19Earthstone Energy: A Look At Its Potential 2023 Outlook
Dec 08Earthstone Energy Doing Well - Can It Continue?
Nov 11Earthstone Energy announces repurchase of 3M shares for $44M
Oct 12These 4 Measures Indicate That Earthstone Energy (NYSE:ESTE) Is Using Debt Extensively
Sep 19Earthstone Energy: Market Perceived Risk Climbing
Aug 28Calculating The Intrinsic Value Of Earthstone Energy, Inc. (NYSE:ESTE)
Aug 24Earthstone Energy Non-GAAP EPS of $1.29 beats by $0.01, revenue of $472.55M beats by $92.52M
Aug 04Earthstone Energy: Growth Ahead
Jul 01Financial Position Analysis
Short Term Liabilities: ESTE's short term assets ($268.4M) do not cover its short term liabilities ($576.0M).
Long Term Liabilities: ESTE's short term assets ($268.4M) do not cover its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: ESTE's net debt to equity ratio (66.1%) is considered high.
Reducing Debt: ESTE's debt to equity ratio has increased from 4.7% to 66.7% over the past 5 years.
Debt Coverage: ESTE's debt is well covered by operating cash flow (62.6%).
Interest Coverage: ESTE's interest payments on its debt are well covered by EBIT (5.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/11/02 21:59 |
| End of Day Share Price | 2023/10/31 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
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
Earthstone Energy, Inc. is covered by 25 analysts. 5 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 |
|---|---|
| Jeffrey Campbell | Alliance Global Partners |
| Joseph Allman | Baird |
| Subhasish Chandra | Benchmark Company |