PBF Energy Balance Sheet Health
Financial Health criteria checks 6/6
PBF Energy has a total shareholder equity of $6.6B and total debt of $1.2B, which brings its debt-to-equity ratio to 18.8%. Its total assets and total liabilities are $14.4B and $7.8B respectively. PBF Energy's EBIT is $1.7B making its interest coverage ratio 39.5. It has cash and short-term investments of $1.8B.
Key information
18.8%
Debt to equity ratio
US$1.25b
Debt
Interest coverage ratio | 39.5x |
Cash | US$1.78b |
Equity | US$6.63b |
Total liabilities | US$7.76b |
Total assets | US$14.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PEN's short term assets ($6.6B) exceed its short term liabilities ($4.2B).
Long Term Liabilities: PEN's short term assets ($6.6B) exceed its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: PEN has more cash than its total debt.
Reducing Debt: PEN's debt to equity ratio has reduced from 58.2% to 18.8% over the past 5 years.
Debt Coverage: PEN's debt is well covered by operating cash flow (73.6%).
Interest Coverage: PEN's interest payments on its debt are well covered by EBIT (39.5x coverage).