Mach Natural Resources Balance Sheet Health
Financial Health criteria checks 3/6
Mach Natural Resources has a total shareholder equity of $1.2B and total debt of $770.2M, which brings its debt-to-equity ratio to 62.9%. Its total assets and total liabilities are $2.3B and $1.1B respectively. Mach Natural Resources's EBIT is $334.3M making its interest coverage ratio 3.9. It has cash and short-term investments of $184.5M.
Key information
62.9%
Debt to equity ratio
US$770.17m
Debt
| Interest coverage ratio | 3.9x |
| Cash | US$184.53m |
| Equity | US$1.22b |
| Total liabilities | US$1.10b |
| Total assets | US$2.33b |
Recent financial health updates
Recent updates
Mach Natural Resources (NYSE:MNR) Takes On Some Risk With Its Use Of Debt
Dec 11
Mach Natural Resources: Expect A Smaller Distribution In 2025
Nov 26Mach Natural Resources: Using Acquisitions To Boost Near-Term Free Cash Flow
Sep 12Mach Natural Resources Makes Progress With Cost Reductions
Jul 04Mach Natural Resources' (NYSE:MNR) Anemic Earnings Might Be Worse Than You Think
May 21Mach Natural Resources: Projected To Generate A Bit Over $3 Per Unit In 2024 FCF
Apr 16Mach Natural Resources: Industry Demand Can Drive Growth
Dec 28Financial Position Analysis
Short Term Liabilities: MNR's short term assets ($380.5M) exceed its short term liabilities ($306.2M).
Long Term Liabilities: MNR's short term assets ($380.5M) do not cover its long term liabilities ($795.3M).
Debt to Equity History and Analysis
Debt Level: MNR's net debt to equity ratio (47.8%) is considered high.
Reducing Debt: Insufficient data to determine if MNR's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MNR's debt is well covered by operating cash flow (62.5%).
Interest Coverage: MNR's interest payments on its debt are well covered by EBIT (3.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 00:20 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Mach Natural Resources LP is covered by 6 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Charles Meade | Johnson Rice & Company, L.L.C. |
| John Freeman | Raymond James & Associates |
| Michael Scialla | Stephens, Inc. |