DNO Balance Sheet Health
Financial Health criteria checks 5/6
DNO has a total shareholder equity of $1.2B and total debt of $774.6M, which brings its debt-to-equity ratio to 63.4%. Its total assets and total liabilities are $3.1B and $1.8B respectively. DNO's EBIT is $149.5M making its interest coverage ratio -4. It has cash and short-term investments of $919.4M.
Key information
63.4%
Debt to equity ratio
US$774.60m
Debt
| Interest coverage ratio | -4x |
| Cash | US$919.40m |
| Equity | US$1.22b |
| Total liabilities | US$1.83b |
| Total assets | US$3.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NK1's short term assets ($1.3B) exceed its short term liabilities ($339.5M).
Long Term Liabilities: NK1's short term assets ($1.3B) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: NK1 has more cash than its total debt.
Reducing Debt: NK1's debt to equity ratio has reduced from 92% to 63.4% over the past 5 years.
Debt Coverage: NK1's debt is well covered by operating cash flow (56.3%).
Interest Coverage: NK1 earns more interest than it pays, so coverage of interest payments is not a concern.