DNO Balance Sheet Health
Financial Health criteria checks 5/6
DNO has a total shareholder equity of $1.2B and total debt of $427.9M, which brings its debt-to-equity ratio to 35.3%. Its total assets and total liabilities are $2.5B and $1.3B respectively. DNO's EBIT is $101.8M making its interest coverage ratio 6.5. It has cash and short-term investments of $606.5M.
Key information
35.3%
Debt to equity ratio
US$427.90m
Debt
| Interest coverage ratio | 6.5x |
| Cash | US$606.50m |
| Equity | US$1.21b |
| Total liabilities | US$1.26b |
| Total assets | US$2.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DNOO's short term assets ($932.1M) exceed its short term liabilities ($270.8M).
Long Term Liabilities: DNOO's short term assets ($932.1M) do not cover its long term liabilities ($986.7M).
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 58.4% to 35.3% over the past 5 years.
Debt Coverage: DNOO's debt is well covered by operating cash flow (42.5%).
Interest Coverage: DNOO's interest payments on its debt are well covered by EBIT (6.5x coverage).