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
Energy Transfer: Why There Is Still A Decent Upside
Apr 14Energy Transfer: Moving America's Energy At ~40% Discount To Peers
Apr 02Energy Transfer: Still Discounted According To Graham
Mar 22Energy Transfer: Debunking Investor Pessimism
Mar 13Energy Transfer: Where Strong Momentum And Attractive Value Meets
Mar 06Energy Transfer: Tale Of The Tape Offers Surprising Results
Feb 27Why Energy Transfer's Q4 Makes It My Favorite 9%-Yielding Equity
Feb 20Energy Transfer: Steady As It Goes, Even At 9% Yield
Feb 13Energy Transfer: Prepare To Buy
Jan 19Energy Transfer: Redemption Part II
Jan 12Energy Transfer: 3 Ways To Earn Good Income
Jan 02Energy Transfer: Fears Priced In
Dec 14Energy Transfer: Promising Acquisitions And Expansion Endeavors
Dec 08Energy Transfer: Time To Double Down
Nov 27Energy Transfer Yields 9.25%, Has Distribution Growth, And Is Still Undervalued
Nov 20Energy Transfer: New Guidance Paints An Even More Bullish Narrative
Nov 06Energy Transfer Q3 Earnings Preview: What To Expect
Oct 30Energy Transfer: Still A Solid 8.84% Opportunity Despite Recent Price Run-Up
Oct 20Energy Transfer: Buy This High-Yielding Stock Hand Over Fist
Oct 11Better High Yield Buy: Energy Transfer Or MPLX
Oct 05Energy Transfer: Insider Buying Signals The Stock Is A Buy
Sep 25Energy Transfer: Our Old Friend Math Threatens A Bear Case
Sep 19Energy Transfer: 9% Yield Is Too Good To Pass
Sep 07Energy Transfer And Enterprise Products Offer High Yields, But Only One Is A Buy
Aug 23Energy Transfer LP: Best In Class At A Discount
Aug 14Energy Transfer Is Doing Just Fine
Aug 03Energy Transfer: Significantly Undervalued Heading Into Earnings
Jul 21Energy Transfer: Maintaining A Buy In Spite Of DOE's Lake Charles Smackdown
Jul 13Energy Transfer Still Looks Golden According To Graham
Jul 03Why We Just Bought 5000 More Shares Of Energy Transfer
Jun 2610% Yield And Outperformance - Has Energy Transfer Become Unbeatable?
Jun 20Energy Transfer: Insiders Vs. The Market
May 26Energy Transfer: I Am Still Buying This 9.5% Midstream Yield
Feb 19Energy Transfer Q4 2022 Earnings Preview: What To Watch For
Feb 12Debt Reduction And Dividend Growth Make Energy Transfer Stock Attractive
Feb 01Energy Transfer: Undervaluation And China's Reopening Should Help ET Grind Higher
Jan 23Energy Transfer: Bulls Are Losing Steam
Jan 05Energy Transfer: $75 Oil Creates An Entry Point
Dec 20Buy Energy Transfer's 9.3% Yield On The Dip
Dec 11Energy Transfer Q3: Graham Number Shows 70%+ Discounts
Nov 13Energy Transfer Q3 2022: A Stellar Revision
Nov 06Energy Transfer: A 15.2% Distribution Increase Going Into Q3 Earnings Is Absolutely Bullish
Oct 31Energy Transfer: Entry Into LNG Space Brings Opportunity
Oct 24The Energy Transfer Problem: Growth Projects Vs. Unit Repurchases
Oct 17Energy Transfer: The Executive Chairman Purchased 3 Million Units In September
Oct 03MPLX's 10% Yield Vs. Energy Transfer's 9% Yield: Which Is Better?
Sep 27Energy Transfer: Remarkable Dividend Yield, Noteworthy Recent Insider Transactions
Sep 19Energy Transfer (NYSE: ET) is a Solid Combination of Yield and Value
Sep 12
Energy Transfer: Who's On The Bandwagon?
Sep 05Reaffirming WTI Price Predictions And Price Targets For Energy Transfer And TETRA - With 100% Upside
Aug 30Energy Transfer: Why We Expect 33% Distribution Growth In 2023
Aug 23Energy Transfer: Another Solid Quarter From This Midstream Giant
Aug 15Energy Transfer: Solid Q2, But Don't Overpay For Slowing Profitability Growth
Aug 05Financial Position Analysis
Short Term Liabilities: ET's short term assets ($12.4B) exceed its short term liabilities ($11.3B).
Long Term Liabilities: ET's short term assets ($12.4B) do not cover its long term liabilities ($57.7B).
Debt to Equity History and Analysis
Debt Level: ET's net debt to equity ratio (116.7%) is considered high.
Reducing Debt: ET's debt to equity ratio has reduced from 146.8% to 117.1% over the past 5 years.
Debt Coverage: ET's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: ET's interest payments on its debt are well covered by EBIT (3.3x coverage).