Cactus Balance Sheet Health
Financial Health criteria checks 6/6
Cactus has a total shareholder equity of $1.1B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.6B and $475.3M respectively. Cactus's EBIT is $317.6M making its interest coverage ratio 46.8. It has cash and short-term investments of $194.3M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 46.8x |
| Cash | US$194.26m |
| Equity | US$1.10b |
| Total liabilities | US$475.30m |
| Total assets | US$1.58b |
Recent financial health updates
Cactus (NYSE:WHD) Could Easily Take On More Debt
Oct 01
Cactus (NYSE:WHD) Could Easily Take On More Debt
Jun 26Recent updates
Does Cactus (NYSE:WHD) Deserve A Spot On Your Watchlist?
Apr 16Cactus Corrects Course, But Energy Market Concerns Remain
Mar 10Cactus (NYSE:WHD) Is Paying Out A Dividend Of $0.12
Jan 27An Intrinsic Calculation For Cactus, Inc. (NYSE:WHD) Suggests It's 26% Undervalued
Jan 25Why Investors Shouldn't Be Surprised By Cactus, Inc.'s (NYSE:WHD) P/E
Jan 07Cactus Pays Off Debt As Industry Consolidates And Rig Counts Slide
Dec 08Cactus (NYSE:WHD) Has Affirmed Its Dividend Of $0.12
Nov 12Here's Why We Think Cactus (NYSE:WHD) Is Well Worth Watching
Oct 16Cactus (NYSE:WHD) Could Easily Take On More Debt
Oct 01Cactus, Inc.: Concerns Regarding Future U.S. Oil Rig Demand
Sep 24Cactus Is Sufficiently Balanced To Absorb The Topline And Margin Pressure
Sep 13Is There An Opportunity With Cactus, Inc.'s (NYSE:WHD) 23% Undervaluation?
Sep 13Cactus (NYSE:WHD) Is Increasing Its Dividend To $0.12
Aug 22There Are Reasons To Feel Uneasy About Cactus' (NYSE:WHD) Returns On Capital
Jul 26Cactus, Inc.: A Growth Story As Margin Expands Rapidly
Jul 03Cactus: Falling Rig Counts A Risk, But Shares Undervalued Amid Strong Growth Trends Ahead
Jun 26Cactus (NYSE:WHD) Could Easily Take On More Debt
Jun 26Cactus, Inc. (NYSE:WHD) Shares Could Be 23% Below Their Intrinsic Value Estimate
Jun 11We Ran A Stock Scan For Earnings Growth And Cactus (NYSE:WHD) Passed With Ease
May 26Some Investors May Be Worried About Cactus' (NYSE:WHD) Returns On Capital
Apr 25Cactus Non-GAAP EPS of $0.57 beats by $0.05, revenue of $187.8M misses by $1.49M
Feb 23Cactus (NYSE:WHD) Is Paying Out A Dividend Of $0.11
Jan 27Cactus declares $0.11 dividend
Jan 18Cactus: Interesting Start To 2023
Jan 05Is Cactus, Inc. (NYSE:WHD) Trading At A 40% Discount?
Oct 28Cactus (NYSE:WHD) Will Be Hoping To Turn Its Returns On Capital Around
Oct 10Cactus' (NYSE:WHD) Dividend Will Be $0.11
Aug 07Cactus Non-GAAP EPS of $0.44 beats by $0.08, revenue of $170.22M beats by $9.11M
Aug 04Financial Position Analysis
Short Term Liabilities: WHD's short term assets ($617.0M) exceed its short term liabilities ($190.7M).
Long Term Liabilities: WHD's short term assets ($617.0M) exceed its long term liabilities ($284.6M).
Debt to Equity History and Analysis
Debt Level: WHD is debt free.
Reducing Debt: WHD had no debt 5 years ago.
Debt Coverage: WHD has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: WHD has no debt, therefore coverage of interest payments is not a concern.