Harum Energy Balance Sheet Health
Financial Health criteria checks 5/6
Harum Energy has a total shareholder equity of $1.8B and total debt of $370.4M, which brings its debt-to-equity ratio to 20.8%. Its total assets and total liabilities are $2.7B and $934.0M respectively. Harum Energy's EBIT is $234.7M making its interest coverage ratio 104.3. It has cash and short-term investments of $205.3M.
Key information
20.8%
Debt to equity ratio
US$370.37m
Debt
| Interest coverage ratio | 104.3x |
| Cash | US$205.28m |
| Equity | US$1.78b |
| Total liabilities | US$933.98m |
| Total assets | US$2.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HRUM's short term assets ($673.6M) exceed its short term liabilities ($319.2M).
Long Term Liabilities: HRUM's short term assets ($673.6M) exceed its long term liabilities ($614.8M).
Debt to Equity History and Analysis
Debt Level: HRUM's net debt to equity ratio (9.3%) is considered satisfactory.
Reducing Debt: HRUM's debt to equity ratio has increased from 0% to 20.8% over the past 5 years.
Debt Coverage: HRUM's debt is well covered by operating cash flow (29.5%).
Interest Coverage: HRUM's interest payments on its debt are well covered by EBIT (104.3x coverage).