Select Water Solutions Balance Sheet Health
Financial Health criteria checks 5/6
Select Water Solutions has a total shareholder equity of $902.1M and total debt of $90.0M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are $1.3B and $421.0M respectively. Select Water Solutions's EBIT is $59.6M making its interest coverage ratio 14.3. It has cash and short-term investments of $16.4M.
Key information
10.0%
Debt to equity ratio
US$90.00m
Debt
Interest coverage ratio | 14.3x |
Cash | US$16.42m |
Equity | US$902.13m |
Total liabilities | US$420.99m |
Total assets | US$1.32b |
Recent financial health updates
Select Water Solutions (NYSE:WTTR) Has A Pretty Healthy Balance Sheet
May 21Does Select Water Solutions (NYSE:WTTR) Have A Healthy Balance Sheet?
Oct 05Here's Why Select Energy Services (NYSE:WTTR) Can Manage Its Debt Responsibly
Mar 13Recent updates
Earnings Beat: Select Water Solutions, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Aug 04Select Water Solutions' (NYSE:WTTR) Dividend Will Be $0.06
Jul 29Capital Allocation Trends At Select Water Solutions (NYSE:WTTR) Aren't Ideal
Jul 16Select Water Solutions Not Yet Selected
Jun 24Here's Why We Think Select Water Solutions (NYSE:WTTR) Might Deserve Your Attention Today
Jun 20Select Water Solutions (NYSE:WTTR) Has A Pretty Healthy Balance Sheet
May 21Shareholders Would Not Be Objecting To Select Water Solutions, Inc.'s (NYSE:WTTR) CEO Compensation And Here's Why
May 02Here's Why We Think Select Water Solutions (NYSE:WTTR) Might Deserve Your Attention Today
Feb 22Select Water Solutions, Inc.'s (NYSE:WTTR) Shares Leap 26% Yet They're Still Not Telling The Full Story
Feb 22Returns On Capital At Select Water Solutions (NYSE:WTTR) Have Hit The Brakes
Jan 27Select Water Solutions (NYSE:WTTR) Is Increasing Its Dividend To $0.06
Oct 30Select Water Solutions Consolidates Operations For Greater Capital Efficiency
Oct 09Does Select Water Solutions (NYSE:WTTR) Have A Healthy Balance Sheet?
Oct 05Select Water Solutions: Making Waves In Sustainable Solutions
Jul 12Select Water Solutions: Beat The Smart Money For Once [Maintaining A Buy]
Jul 05We Like These Underlying Return On Capital Trends At Select Water Solutions (NYSE:WTTR)
May 31Here's Why Select Energy Services (NYSE:WTTR) Can Manage Its Debt Responsibly
Mar 13Select Energy Services GAAP EPS of $0.07 misses by $0.16, revenue of $381.68M misses by $6.21M
Feb 21Select Energy Services (NYSE:WTTR) Shareholders Will Want The ROCE Trajectory To Continue
Feb 15Select Energy Services declares $0.05 dividend
Jan 27Select Energy Services GAAP EPS of $0.22, revenue of $375.07M
Nov 02Select Energy Services initiates $0.05 dividend
Sep 07Shareholders In Select Energy Services (NYSE:WTTR) Should Look Beyond Earnings For The Full Story
Aug 11Select Energy Services GAAP EPS of $0.13 beats by $0.09, revenue of $335.9M beats by $17.62M
Aug 02Select Energy Services: Still A Buy
Jun 20Are Investors Undervaluing Select Energy Services, Inc. (NYSE:WTTR) By 46%?
Apr 19Analysts Are Betting On Select Energy Services, Inc. (NYSE:WTTR) With A Big Upgrade This Week
Mar 07Select Energy Services: Strong Fundamentals And Performance Drive This One Higher
Feb 25Financial Position Analysis
Short Term Liabilities: WTTR's short term assets ($384.3M) exceed its short term liabilities ($212.6M).
Long Term Liabilities: WTTR's short term assets ($384.3M) exceed its long term liabilities ($208.4M).
Debt to Equity History and Analysis
Debt Level: WTTR's net debt to equity ratio (8.2%) is considered satisfactory.
Reducing Debt: WTTR's debt to equity ratio has increased from 0% to 10% over the past 5 years.
Debt Coverage: WTTR's debt is well covered by operating cash flow (351.8%).
Interest Coverage: WTTR's interest payments on its debt are well covered by EBIT (14.3x coverage).