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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 $7.9B, which brings its debt-to-equity ratio to 359.8%. Its total assets and total liabilities are $12.1B and $9.9B respectively. Equitrans Midstream's EBIT is $705.0M making its interest coverage ratio 1.5. It has cash and short-term investments of $141.9M.
Key information
359.8%
Debt to equity ratio
US$7.93b
Debt
| Interest coverage ratio | 1.5x |
| Cash | US$141.88m |
| Equity | US$2.20b |
| Total liabilities | US$9.92b |
| Total assets | US$12.12b |
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 11Recent updates
Energy Transfer: Another Acquisition To Fuel Growth
Jul 12Equitrans 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 28Financial Position Analysis
Short Term Liabilities: ETRN's short term assets ($451.0M) do not cover its short term liabilities ($662.3M).
Long Term Liabilities: ETRN's short term assets ($451.0M) do not cover its long term liabilities ($9.3B).
Debt to Equity History and Analysis
Debt Level: ETRN's net debt to equity ratio (353.4%) is considered high.
Reducing Debt: ETRN's debt to equity ratio has increased from 86.5% to 359.8% over the past 5 years.
Debt Coverage: ETRN's debt is not well covered by operating cash flow (11.7%).
Interest Coverage: ETRN's interest payments on its debt are not well covered by EBIT (1.5x coverage).