Hess Balance Sheet Health
Financial Health criteria checks 3/6
Hess has a total shareholder equity of $10.5B and total debt of $8.7B, which brings its debt-to-equity ratio to 82.9%. Its total assets and total liabilities are $24.7B and $14.2B respectively. Hess's EBIT is $3.7B making its interest coverage ratio 9.7. It has cash and short-term investments of $1.4B.
Key information
82.9%
Debt to equity ratio
US$8.73b
Debt
| Interest coverage ratio | 9.7x |
| Cash | US$1.44b |
| Equity | US$10.53b |
| Total liabilities | US$14.19b |
| Total assets | US$24.72b |
Recent financial health updates
These 4 Measures Indicate That Hess (NYSE:HES) Is Using Debt Reasonably Well
Jun 22
Hess (NYSE:HES) Has A Pretty Healthy Balance Sheet
Jan 25Is Hess (NYSE:HES) Using Too Much Debt?
Jul 26Recent updates
Hess Corporation And An Acquisition That Might Not Close
Apr 14Hess: Why No Acquisition Premium Is Already A Premium
Feb 13The Hess Merger Is Likely Going Through, Why Buying The Stock Still Makes Sense
Dec 29Hess-Chevron: How We Are Playing The Deal With Venezuela Laying Claim To Stabroek Block
Dec 08CEO John Hess Sells 90-Year Old Hess Corporation To Chevron
Oct 23The Return Trends At Hess (NYSE:HES) Look Promising
Oct 20Hess Corporation: Time To Buy The Dip
Sep 25Hess Corporation: Accelerated Cash Flow Growth
Aug 01With EPS Growth And More, Hess (NYSE:HES) Makes An Interesting Case
Jul 06These 4 Measures Indicate That Hess (NYSE:HES) Is Using Debt Reasonably Well
Jun 22Hess Corporation: Guyana Production More Than Triples
May 30Shareholders Would Enjoy A Repeat Of Hess' (NYSE:HES) Recent Growth In Returns
May 29Estimating The Fair Value Of Hess Corporation (NYSE:HES)
May 16Is Now The Time To Put Hess (NYSE:HES) On Your Watchlist?
Mar 20The Trend Of High Returns At Hess (NYSE:HES) Has Us Very Interested
Feb 24Hess Corporation: Bring On That Cash Flow
Feb 09Earnings Not Telling The Story For Hess Corporation (NYSE:HES)
Feb 09Hess Non-GAAP EPS of $2.03 beats by $0.39, revenue of $3.05B beats by $220M
Jan 25Hess (NYSE:HES) Has A Pretty Healthy Balance Sheet
Jan 25Hess Corporation Is An Expensive Stock With Strong Potential
Jan 09Are Investors Undervaluing Hess Corporation (NYSE:HES) By 42%?
Jan 07Hess Corporation: Guyana Production Triple Guidance
Jan 02Hess Corporation: Don't Forget The Income
Dec 19Hess declares $0.375 dividend
Dec 07Hess: If Oil Is Strong In 2023, This Stock Could Benefit Hugely
Nov 15We Ran A Stock Scan For Earnings Growth And Hess (NYSE:HES) Passed With Ease
Nov 14Hess Q3 2022 Earnings Preview
Oct 25Hess Corporation: This Blue Light Special Will Not Last
Sep 17Hess Corporation declares $0.375 dividend
Sep 07Hess Q2 2022 Earnings Preview
Jul 26Is Hess (NYSE:HES) Using Too Much Debt?
Jul 26Calculating The Fair Value Of Hess Corporation (NYSE:HES)
Jun 26Financial Position Analysis
Short Term Liabilities: HES's short term assets ($3.6B) exceed its short term liabilities ($3.0B).
Long Term Liabilities: HES's short term assets ($3.6B) do not cover its long term liabilities ($11.2B).
Debt to Equity History and Analysis
Debt Level: HES's net debt to equity ratio (69.2%) is considered high.
Reducing Debt: HES's debt to equity ratio has increased from 62.2% to 82.9% over the past 5 years.
Debt Coverage: HES's debt is well covered by operating cash flow (48%).
Interest Coverage: HES's interest payments on its debt are well covered by EBIT (9.7x coverage).