Weatherford International Balance Sheet Health
Financial Health criteria checks 5/6
Weatherford International has a total shareholder equity of $1.1B and total debt of $1.7B, which brings its debt-to-equity ratio to 151.6%. Its total assets and total liabilities are $5.1B and $4.0B respectively. Weatherford International's EBIT is $868.0M making its interest coverage ratio 7.2. It has cash and short-term investments of $824.0M.
Key information
151.6%
Debt to equity ratio
US$1.67b
Debt
| Interest coverage ratio | 7.2x |
| Cash | US$824.00m |
| Equity | US$1.10b |
| Total liabilities | US$3.99b |
| Total assets | US$5.09b |
Recent financial health updates
Weatherford International (NASDAQ:WFRD) Has A Rock Solid Balance Sheet
Apr 23
Is Weatherford International (NASDAQ:WFRD) Using Too Much Debt?
Jan 23Recent updates
With EPS Growth And More, Weatherford International (NASDAQ:WFRD) Makes An Interesting Case
May 13The Weatherford International plc (NASDAQ:WFRD) First-Quarter Results Are Out And Analysts Have Published New Forecasts
Apr 26Weatherford International (NASDAQ:WFRD) Has A Rock Solid Balance Sheet
Apr 23Calculating The Fair Value Of Weatherford International plc (NASDAQ:WFRD)
Apr 03The Trend Of High Returns At Weatherford International (NASDAQ:WFRD) Has Us Very Interested
Mar 18Weatherford International: Not Just Your Father's Fishing Tool Company Anymore
Mar 13Revenues Not Telling The Story For Weatherford International plc (NASDAQ:WFRD) After Shares Rise 28%
Mar 03Is Now The Time To Put Weatherford International (NASDAQ:WFRD) On Your Watchlist?
Feb 08Is Weatherford International (NASDAQ:WFRD) Using Too Much Debt?
Jan 23Unpleasant Surprises Could Be In Store For Weatherford International plc's (NASDAQ:WFRD) Shares
Jan 02Are Investors Undervaluing Weatherford International plc (NASDAQ:WFRD) By 37%?
Dec 12Under The Bonnet, Weatherford International's (NASDAQ:WFRD) Returns Look Impressive
Nov 21Calculating The Intrinsic Value Of Weatherford International plc (NASDAQ:WFRD)
Sep 13Weatherford International (NASDAQ:WFRD) Is Very Good At Capital Allocation
Aug 23Weatherford International plc's (NASDAQ:WFRD) Intrinsic Value Is Potentially 55% Above Its Share Price
Jun 15Weatherford International (NASDAQ:WFRD) Is Doing The Right Things To Multiply Its Share Price
May 24Subdued Growth No Barrier To Weatherford International plc (NASDAQ:WFRD) With Shares Advancing 26%
Apr 17Weatherford International plc (NASDAQ:WFRD) Shares Could Be 23% Below Their Intrinsic Value Estimate
Feb 08Financial Position Analysis
Short Term Liabilities: WFRD's short term assets ($3.3B) exceed its short term liabilities ($1.8B).
Long Term Liabilities: WFRD's short term assets ($3.3B) exceed its long term liabilities ($2.2B).
Debt to Equity History and Analysis
Debt Level: WFRD's net debt to equity ratio (76.7%) is considered high.
Reducing Debt: WFRD had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: WFRD's debt is well covered by operating cash flow (52.7%).
Interest Coverage: WFRD's interest payments on its debt are well covered by EBIT (7.2x coverage).