Diversified Energy Balance Sheet Health
Financial Health criteria checks 1/6
Diversified Energy has a total shareholder equity of $548.3M and total debt of $1.7B, which brings its debt-to-equity ratio to 301.8%. Its total assets and total liabilities are $3.8B and $3.3B respectively. Diversified Energy's EBIT is $213.4M making its interest coverage ratio 1.7. It has cash and short-term investments of $3.5M.
Key information
301.8%
Debt to equity ratio
US$1.65b
Debt
| Interest coverage ratio | 1.7x |
| Cash | US$3.48m |
| Equity | US$548.30m |
| Total liabilities | US$3.27b |
| Total assets | US$3.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DG20's short term assets ($289.0M) do not cover its short term liabilities ($658.0M).
Long Term Liabilities: DG20's short term assets ($289.0M) do not cover its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: DG20's net debt to equity ratio (301.1%) is considered high.
Reducing Debt: DG20's debt to equity ratio has increased from 62.4% to 301.8% over the past 5 years.
Debt Coverage: DG20's debt is well covered by operating cash flow (24.1%).
Interest Coverage: DG20's interest payments on its debt are not well covered by EBIT (1.7x coverage).