Diversified Energy Balance Sheet Health
Financial Health criteria checks 2/6
Diversified Energy has a total shareholder equity of $598.4M and total debt of $1.3B, which brings its debt-to-equity ratio to 213.3%. Its total assets and total liabilities are $3.5B and $2.9B respectively. Diversified Energy's EBIT is $1.1B making its interest coverage ratio 8.2. It has cash and short-term investments of $3.8M.
Key information
213.3%
Debt to equity ratio
US$1.28b
Debt
Interest coverage ratio | 8.2x |
Cash | US$3.75m |
Equity | US$598.41m |
Total liabilities | US$2.88b |
Total assets | US$3.47b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: DEC's short term assets ($304.6M) do not cover its short term liabilities ($638.4M).
Long Term Liabilities: DEC's short term assets ($304.6M) do not cover its long term liabilities ($2.2B).
Debt to Equity History and Analysis
Debt Level: DEC's net debt to equity ratio (212.7%) is considered high.
Reducing Debt: DEC's debt to equity ratio has increased from 64.5% to 213.3% over the past 5 years.
Debt Coverage: DEC's debt is well covered by operating cash flow (32.1%).
Interest Coverage: DEC's interest payments on its debt are well covered by EBIT (8.2x coverage).