Energy Transfer Balance Sheet Health
Financial Health criteria checks 3/6
Energy Transfer has a total shareholder equity of $44.7B and total debt of $52.4B, which brings its debt-to-equity ratio to 117.1%. Its total assets and total liabilities are $113.7B and $69.0B respectively. Energy Transfer's EBIT is $8.3B making its interest coverage ratio 3.3. It has cash and short-term investments of $161.0M.
Key information
117.1%
Debt to equity ratio
US$52.36b
Debt
Interest coverage ratio | 3.3x |
Cash | US$161.00m |
Equity | US$44.72b |
Total liabilities | US$68.98b |
Total assets | US$113.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ET.PRI's short term assets ($12.4B) exceed its short term liabilities ($11.3B).
Long Term Liabilities: ET.PRI's short term assets ($12.4B) do not cover its long term liabilities ($57.7B).
Debt to Equity History and Analysis
Debt Level: ET.PRI's net debt to equity ratio (116.7%) is considered high.
Reducing Debt: ET.PRI's debt to equity ratio has reduced from 146.8% to 117.1% over the past 5 years.
Debt Coverage: ET.PRI's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: ET.PRI's interest payments on its debt are well covered by EBIT (3.3x coverage).