PBF Energy Balance Sheet Health
Financial Health criteria checks 6/6
PBF Energy has a total shareholder equity of $6.6B and total debt of $1.2B, which brings its debt-to-equity ratio to 18.9%. Its total assets and total liabilities are $13.8B and $7.2B respectively. PBF Energy's EBIT is $1.7B making its interest coverage ratio 39.5. It has cash and short-term investments of $1.4B.
Key information
18.9%
Debt to equity ratio
US$1.25b
Debt
Interest coverage ratio | 39.5x |
Cash | US$1.44b |
Equity | US$6.60b |
Total liabilities | US$7.21b |
Total assets | US$13.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PBF *'s short term assets ($5.8B) exceed its short term liabilities ($3.8B).
Long Term Liabilities: PBF *'s short term assets ($5.8B) exceed its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: PBF * has more cash than its total debt.
Reducing Debt: PBF *'s debt to equity ratio has reduced from 62.2% to 18.9% over the past 5 years.
Debt Coverage: PBF *'s debt is well covered by operating cash flow (73.4%).
Interest Coverage: PBF *'s interest payments on its debt are well covered by EBIT (39.5x coverage).