DNO Balance Sheet Health
Financial Health criteria checks 5/6
DNO has a total shareholder equity of $1.1B and total debt of $859.0M, which brings its debt-to-equity ratio to 74.7%. Its total assets and total liabilities are $3.1B and $1.9B respectively. DNO's EBIT is $541.7M making its interest coverage ratio 6. It has cash and short-term investments of $847.7M.
Key information
74.7%
Debt to equity ratio
US$859.00m
Debt
| Interest coverage ratio | 6x |
| Cash | US$847.70m |
| Equity | US$1.15b |
| Total liabilities | US$1.94b |
| Total assets | US$3.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NK1's short term assets ($1.4B) exceed its short term liabilities ($399.3M).
Long Term Liabilities: NK1's short term assets ($1.4B) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: NK1's net debt to equity ratio (1%) is considered satisfactory.
Reducing Debt: NK1's debt to equity ratio has reduced from 88.4% to 74.7% over the past 5 years.
Debt Coverage: NK1's debt is well covered by operating cash flow (106.2%).
Interest Coverage: NK1's interest payments on its debt are well covered by EBIT (6x coverage).