Talos Energy Balance Sheet Health
Financial Health criteria checks 3/6
Talos Energy has a total shareholder equity of $2.7B and total debt of $1.4B, which brings its debt-to-equity ratio to 52.7%. Its total assets and total liabilities are $6.4B and $3.6B respectively. Talos Energy's EBIT is $85.2M making its interest coverage ratio 0.4. It has cash and short-term investments of $37.8M.
Key information
52.7%
Debt to equity ratio
US$1.44b
Debt
| Interest coverage ratio | 0.4x |
| Cash | US$37.80m |
| Equity | US$2.73b |
| Total liabilities | US$3.64b |
| Total assets | US$6.36b |
Recent financial health updates
Does Talos Energy (NYSE:TALO) Have A Healthy Balance Sheet?
Jul 16
Does Talos Energy (NYSE:TALO) Have A Healthy Balance Sheet?
Aug 25Talos Energy (NYSE:TALO) Has A Pretty Healthy Balance Sheet
Apr 24Recent updates
Talos Energy: Improved Cash Flow And Strategic Investments Indicate Potential
Aug 19Does Talos Energy (NYSE:TALO) Have A Healthy Balance Sheet?
Jul 16Estimating The Intrinsic Value Of Talos Energy Inc. (NYSE:TALO)
Jun 05Talos 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 24Financial Position Analysis
Short Term Liabilities: TALO's short term assets ($565.8M) do not cover its short term liabilities ($711.6M).
Long Term Liabilities: TALO's short term assets ($565.8M) do not cover its long term liabilities ($2.9B).
Debt to Equity History and Analysis
Debt Level: TALO's net debt to equity ratio (51.3%) is considered high.
Reducing Debt: TALO's debt to equity ratio has reduced from 69.8% to 52.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable TALO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TALO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 31.2% per year.