Mach Natural Resources LP

NYSE:MNR Stock Report

Market Cap: US$1.8b

Mach Natural Resources Balance Sheet Health

Financial Health criteria checks 3/6

Mach Natural Resources has a total shareholder equity of $1.1B and total debt of $789.4M, which brings its debt-to-equity ratio to 70.9%. Its total assets and total liabilities are $2.2B and $1.1B respectively. Mach Natural Resources's EBIT is $323.3M making its interest coverage ratio 5.3. It has cash and short-term investments of $144.6M.

Key information

70.9%

Debt to equity ratio

US$789.41m

Debt

Interest coverage ratio5.3x
CashUS$144.62m
EquityUS$1.11b
Total liabilitiesUS$1.12b
Total assetsUS$2.24b

Recent financial health updates

No updates

Recent updates

Mach Natural Resources: Using Acquisitions To Boost Near-Term Free Cash Flow

Sep 12

Mach Natural Resources Makes Progress With Cost Reductions

Jul 04

Mach Natural Resources' (NYSE:MNR) Anemic Earnings Might Be Worse Than You Think

May 21
Mach Natural Resources' (NYSE:MNR) Anemic Earnings Might Be Worse Than You Think

Mach Natural Resources: Projected To Generate A Bit Over $3 Per Unit In 2024 FCF

Apr 16

Mach Natural Resources: Industry Demand Can Drive Growth

Dec 28

Financial Position Analysis

Short Term Liabilities: MNR's short term assets ($335.1M) exceed its short term liabilities ($319.7M).

Long Term Liabilities: MNR's short term assets ($335.1M) do not cover its long term liabilities ($802.3M).


Debt to Equity History and Analysis

Debt Level: MNR's net debt to equity ratio (57.9%) 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 (60.5%).

Interest Coverage: MNR's interest payments on its debt are well covered by EBIT (5.3x coverage).


Balance Sheet


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