Pioneer Natural Resources Balance Sheet Health
Financial Health criteria checks 3/6
Pioneer Natural Resources has a total shareholder equity of $23.2B and total debt of $4.8B, which brings its debt-to-equity ratio to 20.9%. Its total assets and total liabilities are $36.6B and $13.4B respectively. Pioneer Natural Resources's EBIT is $6.4B making its interest coverage ratio 57.3. It has cash and short-term investments of $379.0M.
Key information
20.9%
Debt to equity ratio
US$4.84b
Debt
Interest coverage ratio | 57.3x |
Cash | US$379.00m |
Equity | US$23.17b |
Total liabilities | US$13.44b |
Total assets | US$36.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PNK's short term assets ($2.6B) do not cover its short term liabilities ($3.0B).
Long Term Liabilities: PNK's short term assets ($2.6B) do not cover its long term liabilities ($10.5B).
Debt to Equity History and Analysis
Debt Level: PNK's net debt to equity ratio (19.2%) is considered satisfactory.
Reducing Debt: PNK's debt to equity ratio has increased from 18.9% to 20.9% over the past 5 years.
Debt Coverage: PNK's debt is well covered by operating cash flow (174.7%).
Interest Coverage: PNK's interest payments on its debt are well covered by EBIT (57.3x coverage).