National Fuel Gas Balance Sheet Health
Financial Health criteria checks 2/6
National Fuel Gas has a total shareholder equity of $2.8B and total debt of $2.9B, which brings its debt-to-equity ratio to 105%. Its total assets and total liabilities are $8.3B and $5.5B respectively. National Fuel Gas's EBIT is $768.3M making its interest coverage ratio 5.4. It has cash and short-term investments of $48.7M.
Key information
105.0%
Debt to equity ratio
US$2.89b
Debt
| Interest coverage ratio | 5.4x |
| Cash | US$48.69m |
| Equity | US$2.75b |
| Total liabilities | US$5.55b |
| Total assets | US$8.30b |
Recent financial health updates
Is National Fuel Gas (NYSE:NFG) Using Too Much Debt?
Jan 27
Is National Fuel Gas (NYSE:NFG) A Risky Investment?
Oct 19National Fuel Gas (NYSE:NFG) Takes On Some Risk With Its Use Of Debt
Jul 12National Fuel Gas (NYSE:NFG) Has A Somewhat Strained Balance Sheet
Feb 11Recent updates
National Fuel Gas: Dividend Aristocrat With Strong Growth Catalysts
Feb 06Is National Fuel Gas (NYSE:NFG) Using Too Much Debt?
Jan 27Why National Fuel Gas Is Still On My 'Buy' List
Nov 25National Fuel Gas' (NYSE:NFG) Soft Earnings Don't Show The Whole Picture
Nov 14Is National Fuel Gas (NYSE:NFG) A Risky Investment?
Oct 19Returns On Capital At National Fuel Gas (NYSE:NFG) Have Stalled
Oct 04Is National Fuel Gas Company (NYSE:NFG) Worth US$61.0 Based On Its Intrinsic Value?
Sep 17National Fuel Gas Company (NYSE:NFG) Doing What It Can To Lift Shares
Sep 04National Fuel Gas Wasn't Necessarily A 'Buy', But Might Be Now
Aug 31National Fuel Gas (NYSE:NFG) Takes On Some Risk With Its Use Of Debt
Jul 12National Fuel Gas: A Dividend King In A Highly Cyclical Sector
Jun 15Estimating The Intrinsic Value Of National Fuel Gas Company (NYSE:NFG)
Jun 12National Fuel Gas Company Just Beat EPS By 28%: Here's What Analysts Think Will Happen Next
May 06National Fuel Gas Company (NYSE:NFG) Could Be Riskier Than It Looks
Apr 18National Fuel Gas: Buy This Dividend Champion For Improving Commodity Pricing
Mar 22Returns At National Fuel Gas (NYSE:NFG) Appear To Be Weighed Down
Mar 18Here's Why Shareholders May Want To Be Cautious With Increasing National Fuel Gas Company's (NYSE:NFG) CEO Pay Packet
Mar 02National Fuel Gas: Undervalued Dividend King Well Worth The Price
Feb 14National Fuel Gas (NYSE:NFG) Has A Somewhat Strained Balance Sheet
Feb 11National Fuel Gas: Don't Be Discouraged By The Bearish Forecast Of The EIA
Nov 28National Fuel Gas Bridges Stability And Growth With Eastern Shift
Sep 19National Fuel Gas: This Dividend King Is Cheaply Valued
Sep 01Despite The Steep Decline, National Fuel Gas Is Still A Hold
Jun 16Financial Position Analysis
Short Term Liabilities: NFG's short term assets ($464.6M) do not cover its short term liabilities ($1.2B).
Long Term Liabilities: NFG's short term assets ($464.6M) do not cover its long term liabilities ($4.3B).
Debt to Equity History and Analysis
Debt Level: NFG's net debt to equity ratio (103.2%) is considered high.
Reducing Debt: NFG's debt to equity ratio has increased from 104.2% to 105% over the past 5 years.
Debt Coverage: NFG's debt is well covered by operating cash flow (35.1%).
Interest Coverage: NFG's interest payments on its debt are well covered by EBIT (5.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 22:46 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
National Fuel Gas Company is covered by 25 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Argus Research Company |
| Jim Harmon | Barclays |
| Carl Kirst | BMO Capital Markets Equity Research |