Gulfport Energy Balance Sheet Health
Financial Health criteria checks 4/6
Gulfport Energy has a total shareholder equity of $2.1B and total debt of $694.4M, which brings its debt-to-equity ratio to 33.1%. Its total assets and total liabilities are $3.2B and $1.1B respectively. Gulfport Energy's EBIT is $391.2M making its interest coverage ratio 6.4. It has cash and short-term investments of $3.2M.
Key information
33.1%
Debt to equity ratio
US$694.39m
Debt
| Interest coverage ratio | 6.4x |
| Cash | US$3.22m |
| Equity | US$2.10b |
| Total liabilities | US$1.08b |
| Total assets | US$3.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: G2U0's short term assets ($223.4M) do not cover its short term liabilities ($327.1M).
Long Term Liabilities: G2U0's short term assets ($223.4M) do not cover its long term liabilities ($751.1M).
Debt to Equity History and Analysis
Debt Level: G2U0's net debt to equity ratio (32.9%) is considered satisfactory.
Reducing Debt: G2U0's debt to equity ratio has reduced from 66.5% to 33.1% over the past 5 years.
Debt Coverage: G2U0's debt is well covered by operating cash flow (94.6%).
Interest Coverage: G2U0's interest payments on its debt are well covered by EBIT (6.4x coverage).