SM Energy Balance Sheet Health
Financial Health criteria checks 4/6
SM Energy has a total shareholder equity of $4.2B and total debt of $2.8B, which brings its debt-to-equity ratio to 65.5%. Its total assets and total liabilities are $8.6B and $4.3B respectively. SM Energy's EBIT is $1.1B making its interest coverage ratio 9.9. It has cash and short-term investments of $1.7B.
Key information
65.5%
Debt to equity ratio
US$2.78b
Debt
| Interest coverage ratio | 9.9x |
| Cash | US$1.74b |
| Equity | US$4.24b |
| Total liabilities | US$4.34b |
| Total assets | US$8.58b |
Recent financial health updates
SM Energy (NYSE:SM) Has A Pretty Healthy Balance Sheet
Nov 24
Is SM Energy (NYSE:SM) A Risky Investment?
Jun 11These 4 Measures Indicate That SM Energy (NYSE:SM) Is Using Debt Extensively
Feb 15Is SM Energy (NYSE:SM) A Risky Investment?
Nov 12Recent updates
SM Energy: A Look At Its Outlook For 2025
Feb 22Investors Aren't Buying SM Energy Company's (NYSE:SM) Earnings
Feb 21SM Energy: Driving Growth With Innovation And Oil Market Tailwinds
Jan 28SM Energy (NYSE:SM) Has A Pretty Healthy Balance Sheet
Nov 24SM Energy: Works On Integrating Its Uinta Basin Assets
Nov 23SM Energy Company (NYSE:SM) Looks Inexpensive But Perhaps Not Attractive Enough
Oct 19SM Energy: Production Should Be Close To 200,000 BOEPD After Uinta Basin Deals (Rating Upgrade)
Sep 20SM Energy: Robust E&P Companies Better Than Outright WTI In Today's Environment
Sep 13SM Energy: Pivot From The Permian
Aug 09SM Energy: Power Up The Oil And Gas Industry
Jul 12We Like These Underlying Return On Capital Trends At SM Energy (NYSE:SM)
Jun 29Is SM Energy (NYSE:SM) A Risky Investment?
Jun 11SM Energy's Capital Efficiency Creates An Attractive Opportunity
May 13There Is A Reason SM Energy Company's (NYSE:SM) Price Is Undemanding
Apr 24The Return Trends At SM Energy (NYSE:SM) Look Promising
Mar 22SM Energy: Reviewing Its Outlook For 2024
Feb 23These 4 Measures Indicate That SM Energy (NYSE:SM) Is Using Debt Extensively
Feb 15Are Investors Undervaluing SM Energy Company (NYSE:SM) By 41%?
Jan 16SM Energy (NYSE:SM) Will Pay A Larger Dividend Than Last Year At $0.18
Jan 01SM Energy: Strong Free Cash Flow At An Attractive Valuation
Dec 28Little Excitement Around SM Energy Company's (NYSE:SM) Earnings
Dec 22Is SM Energy (NYSE:SM) A Risky Investment?
Nov 12SM Energy (NYSE:SM) Is Due To Pay A Dividend Of $0.15
Oct 22SM Energy May Generate Over $700 Million In 2024 Free Cash Flow
Oct 19Here's Why SM Energy (NYSE:SM) Has Caught The Eye Of Investors
Oct 17SM Energy (NYSE:SM) Has Announced A Dividend Of $0.15
Oct 02A Look At The Fair Value Of SM Energy Company (NYSE:SM)
Sep 12SM Energy: Nearly $400 Million In Projected H2 2023 Free Cash Flow
Aug 14Financial Position Analysis
Short Term Liabilities: SM's short term assets ($434.7M) do not cover its short term liabilities ($790.0M).
Long Term Liabilities: SM's short term assets ($434.7M) do not cover its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: SM's net debt to equity ratio (24.6%) is considered satisfactory.
Reducing Debt: SM's debt to equity ratio has reduced from 99.4% to 65.5% over the past 5 years.
Debt Coverage: SM's debt is well covered by operating cash flow (64.2%).
Interest Coverage: SM's interest payments on its debt are well covered by EBIT (9.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/12 16:03 |
| End of Day Share Price | 2025/03/12 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 Github.
Analyst Sources
SM Energy Company is covered by 51 analysts. 11 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 |
|---|---|
| Joseph Allman | Baird |
| Jeffrey Robertson | Barclays |
| Rudolf Hokanson | Barrington Research Associates, Inc. |