DNO Balance Sheet Health
Financial Health criteria checks 5/6
DNO has a total shareholder equity of $1.2B and total debt of $773.9M, which brings its debt-to-equity ratio to 62.9%. Its total assets and total liabilities are $3.0B and $1.7B respectively. DNO's EBIT is $155.4M making its interest coverage ratio 8. It has cash and short-term investments of $943.1M.
Key information
62.9%
Debt to equity ratio
US$773.90m
Debt
| Interest coverage ratio | 8x |
| Cash | US$943.10m |
| Equity | US$1.23b |
| Total liabilities | US$1.72b |
| Total assets | US$2.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DNOO's short term assets ($1.3B) exceed its short term liabilities ($322.3M).
Long Term Liabilities: DNOO's short term assets ($1.3B) do not cover its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: DNOO has more cash than its total debt.
Reducing Debt: DNOO's debt to equity ratio has reduced from 80.2% to 62.9% over the past 5 years.
Debt Coverage: DNOO's debt is well covered by operating cash flow (49.9%).
Interest Coverage: DNOO's interest payments on its debt are well covered by EBIT (8x coverage).