Denbury Balance Sheet Health
Financial Health criteria checks 4/6
Denbury has a total shareholder equity of $1.7B and total debt of $85.0M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are $2.5B and $841.5M respectively. Denbury's EBIT is $601.9M making its interest coverage ratio 167.5. It has cash and short-term investments of $531.0K.
Key information
5.0%
Debt to equity ratio
US$85.00m
Debt
| Interest coverage ratio | 167.5x |
| Cash | US$531.00k |
| Equity | US$1.70b |
| Total liabilities | US$841.47m |
| Total assets | US$2.54b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0I8A's short term assets ($210.7M) do not cover its short term liabilities ($296.7M).
Long Term Liabilities: 0I8A's short term assets ($210.7M) do not cover its long term liabilities ($544.7M).
Debt to Equity History and Analysis
Debt Level: 0I8A's net debt to equity ratio (5%) is considered satisfactory.
Reducing Debt: 0I8A's debt to equity ratio has reduced from 316.3% to 5% over the past 5 years.
Debt Coverage: 0I8A's debt is well covered by operating cash flow (601.9%).
Interest Coverage: 0I8A's interest payments on its debt are well covered by EBIT (167.5x coverage).