Talos Energy Balance Sheet Health
Financial Health criteria checks 2/6
Talos Energy has a total shareholder equity of $2.2B and total debt of $1.0B, which brings its debt-to-equity ratio to 47.6%. Its total assets and total liabilities are $4.8B and $2.7B respectively. Talos Energy's EBIT is $258.2M making its interest coverage ratio 1.5. It has cash and short-term investments of $33.6M.
Key information
47.6%
Debt to equity ratio
US$1.03b
Debt
| Interest coverage ratio | 1.5x |
| Cash | US$33.64m |
| Equity | US$2.16b |
| Total liabilities | US$2.66b |
| Total assets | US$4.82b |
Recent financial health updates
Does Talos Energy (NYSE:TALO) Have A Healthy Balance Sheet?
Aug 25
Talos Energy (NYSE:TALO) Has A Pretty Healthy Balance Sheet
Apr 24Here's Why Talos Energy (NYSE:TALO) Can Manage Its Debt Responsibly
Jan 23Recent updates
Talos Energy: A Gulf Of Mexico Standout
Apr 03Need To Know: Analysts Are Much More Bullish On Talos Energy Inc. (NYSE:TALO)
Jan 18Sentiment Still Eluding Talos Energy Inc. (NYSE:TALO)
Jan 05Talos Energy: Sunspear Discovery And CO2 Storage Could Push The Price Up
Jan 01Is Talos Energy Inc. (NYSE:TALO) Trading At A 47% Discount?
Dec 07Talos Energy: A Net Income Recovery That Could Take Time
Oct 10Investors Will Want Talos Energy's (NYSE:TALO) Growth In ROCE To Persist
Oct 08Here's Why We Think Talos Energy (NYSE:TALO) Is Well Worth Watching
Sep 20Talos Energy: Now Expected To Deliver Slightly Positive Free Cash Flow For 2023
Aug 29Does Talos Energy (NYSE:TALO) Have A Healthy Balance Sheet?
Aug 25Returns Are Gaining Momentum At Talos Energy (NYSE:TALO)
Jun 29Talos Energy Partners With Grupo Carso For Zama Development
Jun 02These Analysts Just Made A Significant Downgrade To Their Talos Energy Inc. (NYSE:TALO) EPS Forecasts
May 10Talos Energy (NYSE:TALO) Has A Pretty Healthy Balance Sheet
Apr 24Here's Why Talos Energy (NYSE:TALO) Can Manage Its Debt Responsibly
Jan 23Talos Energy: Good News, But The Market Isn't Interested
Jan 12Talos Energy (NYSE:TALO) Is Investing Its Capital With Increasing Efficiency
Nov 30Talos Energy Non-GAAP EPS of $0.75 beats by $0.11, revenue of $377.13M beats by $55.8M
Nov 03Talos Energy: Hedged Against The Recession
Oct 26Financial Position Analysis
Short Term Liabilities: TALO's short term assets ($422.2M) do not cover its short term liabilities ($578.6M).
Long Term Liabilities: TALO's short term assets ($422.2M) do not cover its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: TALO's net debt to equity ratio (46%) is considered high.
Reducing Debt: TALO's debt to equity ratio has reduced from 65% to 47.6% over the past 5 years.
Debt Coverage: TALO's debt is well covered by operating cash flow (50.6%).
Interest Coverage: TALO's interest payments on its debt are not well covered by EBIT (1.5x coverage).