Permian Resources Balance Sheet Health
Financial Health criteria checks 3/6
Permian Resources has a total shareholder equity of $10.4B and total debt of $4.2B, which brings its debt-to-equity ratio to 40.4%. Its total assets and total liabilities are $16.6B and $6.3B respectively. Permian Resources's EBIT is $2.1B making its interest coverage ratio 7.3. It has cash and short-term investments of $272.0M.
Key information
40.4%
Debt to equity ratio
US$4.18b
Debt
| Interest coverage ratio | 7.3x |
| Cash | US$272.03m |
| Equity | US$10.36b |
| Total liabilities | US$6.25b |
| Total assets | US$16.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YZ8's short term assets ($865.5M) do not cover its short term liabilities ($1.3B).
Long Term Liabilities: YZ8's short term assets ($865.5M) do not cover its long term liabilities ($5.0B).
Debt to Equity History and Analysis
Debt Level: YZ8's net debt to equity ratio (37.7%) is considered satisfactory.
Reducing Debt: YZ8's debt to equity ratio has increased from 30.8% to 40.4% over the past 5 years.
Debt Coverage: YZ8's debt is well covered by operating cash flow (80.9%).
Interest Coverage: YZ8's interest payments on its debt are well covered by EBIT (7.3x coverage).