Santos Balance Sheet Health
Financial Health criteria checks 5/6
Santos has a total shareholder equity of $15.6B and total debt of $5.6B, which brings its debt-to-equity ratio to 35.5%. Its total assets and total liabilities are $29.6B and $13.9B respectively. Santos's EBIT is $1.6B making its interest coverage ratio -102.4. It has cash and short-term investments of $1.7B.
Key information
35.5%
Debt to equity ratio
US$5.56b
Debt
| Interest coverage ratio | -102.4x |
| Cash | US$1.66b |
| Equity | US$15.64b |
| Total liabilities | US$13.91b |
| Total assets | US$29.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STOS.F's short term assets ($3.1B) exceed its short term liabilities ($2.8B).
Long Term Liabilities: STOS.F's short term assets ($3.1B) do not cover its long term liabilities ($11.1B).
Debt to Equity History and Analysis
Debt Level: STOS.F's net debt to equity ratio (24.9%) is considered satisfactory.
Reducing Debt: STOS.F's debt to equity ratio has reduced from 56.4% to 35.5% over the past 5 years.
Debt Coverage: STOS.F's debt is well covered by operating cash flow (55.3%).
Interest Coverage: STOS.F earns more interest than it pays, so coverage of interest payments is not a concern.