NewMed Energy - Limited Partnership Balance Sheet Health
Financial Health criteria checks 4/6
NewMed Energy - Limited Partnership has a total shareholder equity of $1.7B and total debt of $1.7B, which brings its debt-to-equity ratio to 104.7%. Its total assets and total liabilities are $3.9B and $2.3B respectively. NewMed Energy - Limited Partnership's EBIT is $696.1M making its interest coverage ratio 8.6. It has cash and short-term investments of $301.5M.
Key information
104.7%
Debt to equity ratio
US$1.73b
Debt
| Interest coverage ratio | 8.6x |
| Cash | US$301.50m |
| Equity | US$1.65b |
| Total liabilities | US$2.26b |
| Total assets | US$3.91b |
Recent financial health updates
These 4 Measures Indicate That NewMed Energy - Limited Partnership (TLV:NWMD) Is Using Debt Reasonably Well
Sep 16
Is NewMed Energy - Limited Partnership (TLV:NWMD) Using Too Much Debt?
Aug 24NewMed Energy - Limited Partnership (TLV:NWMD) Has A Pretty Healthy Balance Sheet
May 05Is NewMed Energy - Limited Partnership (TLV:NWMD) A Risky Investment?
Jan 16NewMed Energy - Limited Partnership (TLV:NWMD) Seems To Use Debt Quite Sensibly
Sep 21Is NewMed Energy - Limited Partnership (TLV:NWMD) A Risky Investment?
Jun 17Recent updates
Estimating The Intrinsic Value Of NewMed Energy - Limited Partnership (TLV:NWMD)
Oct 28These 4 Measures Indicate That NewMed Energy - Limited Partnership (TLV:NWMD) Is Using Debt Reasonably Well
Sep 16We Think Shareholders Are Less Likely To Approve A Large Pay Rise For NewMed Energy - Limited Partnership's (TLV:NWMD) CEO For Now
Jul 31A Look At The Intrinsic Value Of NewMed Energy - Limited Partnership (TLV:NWMD)
Jul 29Investors Aren't Entirely Convinced By NewMed Energy - Limited Partnership's (TLV:NWMD) Earnings
Jul 11Is NewMed Energy - Limited Partnership (TLV:NWMD) Using Too Much Debt?
Aug 24Calculating The Intrinsic Value Of NewMed Energy - Limited Partnership (TLV:NWMD)
Jul 27NewMed Energy - Limited Partnership (TLV:NWMD) Has A Pretty Healthy Balance Sheet
May 05Is NewMed Energy - Limited Partnership (TLV:NWMD) A Risky Investment?
Jan 16A Look At The Intrinsic Value Of NewMed Energy - Limited Partnership (TLV:NWMD)
Nov 02NewMed Energy - Limited Partnership (TLV:NWMD) Seems To Use Debt Quite Sensibly
Sep 21Calculating The Intrinsic Value Of NewMed Energy - Limited Partnership (TLV:NWMD)
Jul 29Is NewMed Energy - Limited Partnership (TLV:NWMD) A Risky Investment?
Jun 17Calculating The Intrinsic Value Of NewMed Energy - Limited Partnership (TLV:NWMD)
Mar 24Here's Why Delek Drilling - Limited Partnership (TLV:DEDR.L) Has A Meaningful Debt Burden
Jan 08Calculating The Intrinsic Value Of Delek Drilling - Limited Partnership (TLV:DEDR.L)
Dec 20Delek Drilling - Limited Partnership (TLV:DEDR.L) Takes On Some Risk With Its Use Of Debt
Sep 23Calculating The Intrinsic Value Of Delek Drilling - Limited Partnership (TLV:DEDR.L)
Aug 22Is Delek Drilling - Limited Partnership (TLV:DEDR.L) Using Too Much Debt?
Jun 09A Look At The Intrinsic Value Of Delek Drilling - Limited Partnership (TLV:DEDR.L)
May 23These 4 Measures Indicate That Delek Drilling - Limited Partnership (TLV:DEDR.L) Is Using Debt Extensively
Mar 11Calculating The Intrinsic Value Of Delek Drilling - Limited Partnership (TLV:DEDR.L)
Feb 21What Kind Of Shareholders Hold The Majority In Delek Drilling - Limited Partnership's (TLV:DEDR.L) Shares?
Feb 02Is Delek Drilling - Limited Partnership's (TLV:DEDR.L) ROE Of 30% Impressive?
Jan 16How Much is Delek Drilling - Limited Partnership's (TLV:DEDR.L) CEO Getting Paid?
Dec 28These 4 Measures Indicate That Delek Drilling - Limited Partnership (TLV:DEDR.L) Is Using Debt Extensively
Dec 10
Reflecting on Delek Drilling - Limited Partnership's (TLV:DEDR.L) Share Price Returns Over The Last Five Years
Nov 25Financial Position Analysis
Short Term Liabilities: NWMD's short term assets ($712.9M) exceed its short term liabilities ($700.9M).
Long Term Liabilities: NWMD's short term assets ($712.9M) do not cover its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: NWMD's net debt to equity ratio (86.5%) is considered high.
Reducing Debt: NWMD's debt to equity ratio has reduced from 319.3% to 104.7% over the past 5 years.
Debt Coverage: NWMD's debt is well covered by operating cash flow (30.6%).
Interest Coverage: NWMD's interest payments on its debt are well covered by EBIT (8.6x coverage).