What Does Cheniere Energy's Debt Look Like?
Portfolio Pulse from Benzinga Insights
Cheniere Energy Inc.'s (AMEX:LNG) total debt stands at $24.48 billion, with $24.41 billion in long-term debt and $61.00 million in current debt. After adjusting for $2.95 billion in cash-equivalents, the company has a net debt of $21.53 billion. The company's debt-ratio is 0.61, indicating a considerable portion of debt is funded by assets. This could put the company at risk for default if interest rates were to increase.
July 06, 2023 | 3:15 pm
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Cheniere Energy's high debt levels could put the company at risk if interest rates increase. The company's debt-ratio of 0.61 indicates a significant portion of its assets are funding its debt.
Cheniere Energy's high debt levels and debt-ratio indicate that a significant portion of its assets are funding its debt. This could put the company at risk if interest rates increase, as it may struggle to meet its debt obligations. This could negatively impact the company's stock price in the short term.
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