SM Energy Balance Sheet Health
Financial Health criteria checks 5/6
SM Energy has a total shareholder equity of $3.7B and total debt of $1.6B, which brings its debt-to-equity ratio to 42.6%. Its total assets and total liabilities are $6.4B and $2.7B respectively. SM Energy's EBIT is $893.3M making its interest coverage ratio 12.9. It has cash and short-term investments of $506.3M.
Key information
42.6%
Debt to equity ratio
US$1.58b
Debt
| Interest coverage ratio | 12.9x |
| Cash | US$506.25m |
| Equity | US$3.70b |
| Total liabilities | US$2.70b |
| Total assets | US$6.40b |
Recent financial health updates
These 4 Measures Indicate That SM Energy (NYSE:SM) Is Using Debt Extensively
Feb 15
Is SM Energy (NYSE:SM) A Risky Investment?
Nov 12SM Energy (NYSE:SM) Has A Pretty Healthy Balance Sheet
Jul 24We Think SM Energy (NYSE:SM) Can Stay On Top Of Its Debt
Apr 19SM Energy (NYSE:SM) Has A Pretty Healthy Balance Sheet
Jan 05These 4 Measures Indicate That SM Energy (NYSE:SM) Is Using Debt Reasonably Well
Sep 12Recent updates
There 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 14Under The Bonnet, SM Energy's (NYSE:SM) Returns Look Impressive
Aug 08SM Energy (NYSE:SM) Has A Pretty Healthy Balance Sheet
Jul 24SM Energy: Interesting Only For Acquisition Potential
Jul 10Should You Be Adding SM Energy (NYSE:SM) To Your Watchlist Today?
Jul 07Is SM Energy Company (NYSE:SM) Trading At A 22% Discount?
Jun 04SM Energy: Solid Production And Cost Performance For Q1 2023
May 30We Think SM Energy (NYSE:SM) Can Stay On Top Of Its Debt
Apr 19If EPS Growth Is Important To You, SM Energy (NYSE:SM) Presents An Opportunity
Apr 01A Look At The Intrinsic Value Of SM Energy Company (NYSE:SM)
Mar 03SM Energy GAAP EPS of $2.09 beats by $0.93, revenue of $671.32M beats by $56.6M
Feb 22SM Energy (NYSE:SM) Has A Pretty Healthy Balance Sheet
Jan 05SM Energy declares $0.15 dividend
Dec 30SM Energy Non-GAAP EPS of $1.82 beats by $0.05, revenue of $835.45M beats by $118.1M
Nov 03SM Energy goes ex-dividend on Monday
Oct 21SM Energy: Returning Capital To Shareholders After Hitting Its Leverage Target
Sep 15These 4 Measures Indicate That SM Energy (NYSE:SM) Is Using Debt Reasonably Well
Sep 12SM Energy to repurchase shares, increase dividend under capital return strategy
Sep 07Financial Position Analysis
Short Term Liabilities: SM's short term assets ($793.0M) exceed its short term liabilities ($536.1M).
Long Term Liabilities: SM's short term assets ($793.0M) do not cover its long term liabilities ($2.2B).
Debt to Equity History and Analysis
Debt Level: SM's net debt to equity ratio (28.9%) is considered satisfactory.
Reducing Debt: SM's debt to equity ratio has reduced from 96.5% to 42.6% over the past 5 years.
Debt Coverage: SM's debt is well covered by operating cash flow (96.4%).
Interest Coverage: SM's interest payments on its debt are well covered by EBIT (12.9x coverage).