DNO Balance Sheet Health
Financial Health criteria checks 6/6
DNO has a total shareholder equity of $1.2B and total debt of $558.2M, which brings its debt-to-equity ratio to 45.2%. Its total assets and total liabilities are $2.6B and $1.4B respectively. DNO's EBIT is $194.1M making its interest coverage ratio 17. It has cash and short-term investments of $718.8M.
Key information
45.2%
Debt to equity ratio
US$558.20m
Debt
| Interest coverage ratio | 17x |
| Cash | US$718.80m |
| Equity | US$1.23b |
| Total liabilities | US$1.40b |
| Total assets | US$2.64b |
Recent financial health updates
DNO (OB:DNO) Takes On Some Risk With Its Use Of Debt
Jan 21
DNO (OB:DNO) Seems To Use Debt Quite Sensibly
Jun 06DNO (OB:DNO) Could Easily Take On More Debt
Jan 31Is DNO (OB:DNO) A Risky Investment?
Aug 06Recent updates
It's A Story Of Risk Vs Reward With DNO ASA (OB:DNO)
Mar 08DNO ASA (OB:DNO) Analysts Are More Bearish Than They Used To Be
Feb 13DNO (OB:DNO) Takes On Some Risk With Its Use Of Debt
Jan 21Here's Why DNO (OB:DNO) Has Caught The Eye Of Investors
Aug 09Some Investors May Be Worried About DNO's (OB:DNO) Returns On Capital
Jul 12An Intrinsic Calculation For DNO ASA (OB:DNO) Suggests It's 47% Undervalued
Jun 24DNO (OB:DNO) Seems To Use Debt Quite Sensibly
Jun 06Growth Investors: Industry Analysts Just Upgraded Their DNO ASA (OB:DNO) Revenue Forecasts By 13%
May 16Some Investors May Be Worried About DNO's (OB:DNO) Returns On Capital
Mar 30Does DNO (OB:DNO) Deserve A Spot On Your Watchlist?
Mar 15Estimating The Fair Value Of DNO ASA (OB:DNO)
Mar 02DNO (OB:DNO) Could Easily Take On More Debt
Jan 31DNO (OB:DNO) Could Be Struggling To Allocate Capital
Dec 21With EPS Growth And More, DNO (OB:DNO) Makes An Interesting Case
Nov 21DNO ASA (OB:DNO) Shares Could Be 50% Below Their Intrinsic Value Estimate
Nov 03Analysts Just Published A Bright New Outlook For DNO ASA's (OB:DNO)
Sep 22Need To Know: Analysts Are Much More Bullish On DNO ASA (OB:DNO) Revenues
Aug 11Is DNO (OB:DNO) A Risky Investment?
Aug 06These Analysts Just Made An Incredible Downgrade To Their DNO ASA (OB:DNO) EPS Forecasts
Jun 22DNO (OB:DNO) Might Have The Makings Of A Multi-Bagger
May 05Financial Position Analysis
Short Term Liabilities: DNO's short term assets ($1.1B) exceed its short term liabilities ($415.1M).
Long Term Liabilities: DNO's short term assets ($1.1B) exceed its long term liabilities ($988.4M).
Debt to Equity History and Analysis
Debt Level: DNO has more cash than its total debt.
Reducing Debt: DNO's debt to equity ratio has reduced from 48.8% to 45.2% over the past 5 years.
Debt Coverage: DNO's debt is well covered by operating cash flow (34.8%).
Interest Coverage: DNO's interest payments on its debt are well covered by EBIT (17x coverage).