Equitrans Midstream Balance Sheet Health
Financial Health criteria checks 0/6
Equitrans Midstream has a total shareholder equity of $2.2B and total debt of $7.8B, which brings its debt-to-equity ratio to 351.5%. Its total assets and total liabilities are $11.8B and $9.6B respectively. Equitrans Midstream's EBIT is $656.0M making its interest coverage ratio 1.5. It has cash and short-term investments of $51.3M.
Key information
351.5%
Debt to equity ratio
US$7.79b
Debt
| Interest coverage ratio | 1.5x |
| Cash | US$51.29m |
| Equity | US$2.22b |
| Total liabilities | US$9.63b |
| Total assets | US$11.85b |
Recent financial health updates
These 4 Measures Indicate That Equitrans Midstream (NYSE:ETRN) Is Using Debt Extensively
Feb 15
These 4 Measures Indicate That Equitrans Midstream (NYSE:ETRN) Is Using Debt Extensively
Aug 28Is Equitrans Midstream (NYSE:ETRN) A Risky Investment?
May 17Does Equitrans Midstream (NYSE:ETRN) Have A Healthy Balance Sheet?
Jan 12Equitrans Midstream (NYSE:ETRN) Use Of Debt Could Be Considered Risky
Jul 11Is Equitrans Midstream (NYSE:ETRN) A Risky Investment?
Mar 21Recent updates
Equitrans Midstream: Long Suffering Is About To End Thanks To EQT
Mar 12These 4 Measures Indicate That Equitrans Midstream (NYSE:ETRN) Is Using Debt Extensively
Feb 15A Look At The Fair Value Of Equitrans Midstream Corporation (NYSE:ETRN)
Jan 25Will This Be The Year Of Energy Transfer?
Jan 02Investors Interested In Equitrans Midstream Corporation's (NYSE:ETRN) Revenues
Dec 19Equitrans Midstream Corporation (NYSE:ETRN) Shares Could Be 33% Below Their Intrinsic Value Estimate
Oct 23Equitrans: MVP Woes Continue
Oct 22These 4 Measures Indicate That Equitrans Midstream (NYSE:ETRN) Is Using Debt Extensively
Aug 28A Few Things To Note If You're Contemplating A Position In Equitrans Midstream
Aug 22Equitrans Midstream (NYSE:ETRN) Is Paying Out A Dividend Of $0.15
Jul 30Legacy Ridge Capital - Equitrans Midstream: Most Valuable Pipeline
Jul 29Calculating The Fair Value Of Equitrans Midstream Corporation (NYSE:ETRN)
Jul 11Equitrans Midstream And The Most Valuable Pipeline
Jun 12Equitrans Midstream: This 7.31%-Yielder Is Worth Considering Today
May 31Is Equitrans Midstream (NYSE:ETRN) A Risky Investment?
May 17An Intrinsic Calculation For Equitrans Midstream Corporation (NYSE:ETRN) Suggests It's 38% Undervalued
Apr 12Equitrans Midstream Q4 2022 Earnings Preview
Feb 20Equitrans Midstream (NYSE:ETRN) Has Affirmed Its Dividend Of $0.15
Jan 28Does Equitrans Midstream (NYSE:ETRN) Have A Healthy Balance Sheet?
Jan 12Equitrans Midstream: Free Cash Flow Remains Decent Despite MVP Risks
Dec 30Are Investors Undervaluing Equitrans Midstream Corporation (NYSE:ETRN) By 46%?
Dec 08Equitrans Midstream Q3 2022 Earnings Preview
Oct 31Equitrans Midstream: Count On The Dividends, Not The Government
Oct 17Equitrans Midstream: Big Dividend Set To Flow With MVP
Sep 01Equitrans Midstream Non-GAAP EPS of $0.11 misses by $0.01, revenue of $328.61M misses by $10.18M, raises FY outlook
Aug 02Equitrans Midstream (NYSE:ETRN) Is Paying Out A Dividend Of $0.15
Jul 28Equitrans Midstream declares $0.15 dividend
Jul 22Equitrans: This High-Yielding Midstream Company Is Attractive But Risky
Jul 12Equitrans Midstream (NYSE:ETRN) Use Of Debt Could Be Considered Risky
Jul 11Equitrans Midstream: Doubling Down As Their Dividends Get Safer
Jun 083 Dividend Stocks To Avoid Right Now
Apr 28Equitrans Midstream: Natural Gas-Focused Midstream Company Has A Lot To Like
Apr 19Equitrans Midstream: Despite The MVP Setback, Dividends Remains Safe For Now
Apr 08Is Equitrans Midstream (NYSE:ETRN) A Risky Investment?
Mar 21Equitrans Midstream: Some Risks But This 7.3%-Yielder May Be Worth Considering
Feb 01Financial Position Analysis
Short Term Liabilities: ETRN's short term assets ($362.0M) do not cover its short term liabilities ($576.2M).
Long Term Liabilities: ETRN's short term assets ($362.0M) do not cover its long term liabilities ($9.1B).
Debt to Equity History and Analysis
Debt Level: ETRN's net debt to equity ratio (349.2%) is considered high.
Reducing Debt: ETRN's debt to equity ratio has increased from 109.5% to 351.5% over the past 5 years.
Debt Coverage: ETRN's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: ETRN's interest payments on its debt are not well covered by EBIT (1.5x coverage).