Gulfport Energy Balance Sheet Health
Financial Health criteria checks 5/6
Gulfport Energy has a total shareholder equity of $2.2B and total debt of $636.4M, which brings its debt-to-equity ratio to 28.5%. Its total assets and total liabilities are $3.3B and $1.0B respectively. Gulfport Energy's EBIT is $536.9M making its interest coverage ratio 9.2. It has cash and short-term investments of $8.2M.
Key information
28.5%
Debt to equity ratio
US$636.44m
Debt
Interest coverage ratio | 9.2x |
Cash | US$8.21m |
Equity | US$2.23b |
Total liabilities | US$1.02b |
Total assets | US$3.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: G2U0's short term assets ($353.5M) exceed its short term liabilities ($337.7M).
Long Term Liabilities: G2U0's short term assets ($353.5M) do not cover its long term liabilities ($684.8M).
Debt to Equity History and Analysis
Debt Level: G2U0's net debt to equity ratio (28.2%) is considered satisfactory.
Reducing Debt: G2U0's debt to equity ratio has reduced from 62% to 28.5% over the past 5 years.
Debt Coverage: G2U0's debt is well covered by operating cash flow (95.4%).
Interest Coverage: G2U0's interest payments on its debt are well covered by EBIT (9.2x coverage).