Permian Resources Balance Sheet Health
Financial Health criteria checks 2/6
Permian Resources has a total shareholder equity of $9.2B and total debt of $3.8B, which brings its debt-to-equity ratio to 41.7%. Its total assets and total liabilities are $15.0B and $5.7B respectively. Permian Resources's EBIT is $1.3B making its interest coverage ratio 7.5. It has cash and short-term investments of $73.3M.
Key information
41.7%
Debt to equity ratio
US$3.85b
Debt
Interest coverage ratio | 7.5x |
Cash | US$73.29m |
Equity | US$9.23b |
Total liabilities | US$5.74b |
Total assets | US$14.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YZ8's short term assets ($650.4M) do not cover its short term liabilities ($1.2B).
Long Term Liabilities: YZ8's short term assets ($650.4M) do not cover its long term liabilities ($4.5B).
Debt to Equity History and Analysis
Debt Level: YZ8's net debt to equity ratio (40.9%) is considered high.
Reducing Debt: YZ8's debt to equity ratio has increased from 21.3% to 41.7% over the past 5 years.
Debt Coverage: YZ8's debt is well covered by operating cash flow (57.5%).
Interest Coverage: YZ8's interest payments on its debt are well covered by EBIT (7.5x coverage).