Harum Energy Balance Sheet Health
Financial Health criteria checks 5/6
Harum Energy has a total shareholder equity of $1.2B and total debt of $206.9M, which brings its debt-to-equity ratio to 17.6%. Its total assets and total liabilities are $1.6B and $458.4M respectively. Harum Energy's EBIT is $286.9M making its interest coverage ratio -15.8. It has cash and short-term investments of $157.2M.
Key information
17.6%
Debt to equity ratio
US$206.94m
Debt
Interest coverage ratio | -15.8x |
Cash | US$157.16m |
Equity | US$1.17b |
Total liabilities | US$458.39m |
Total assets | US$1.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HRUM's short term assets ($432.3M) exceed its short term liabilities ($256.8M).
Long Term Liabilities: HRUM's short term assets ($432.3M) exceed its long term liabilities ($201.5M).
Debt to Equity History and Analysis
Debt Level: HRUM's net debt to equity ratio (4.2%) is considered satisfactory.
Reducing Debt: HRUM's debt to equity ratio has increased from 0% to 17.6% over the past 5 years.
Debt Coverage: HRUM's debt is well covered by operating cash flow (101.7%).
Interest Coverage: HRUM earns more interest than it pays, so coverage of interest payments is not a concern.