DNO Balance Sheet Health

Financial Health criteria checks 5/6

DNO has a total shareholder equity of $1.2B and total debt of $774.6M, which brings its debt-to-equity ratio to 63.4%. Its total assets and total liabilities are $3.1B and $1.8B respectively. DNO's EBIT is $149.5M making its interest coverage ratio -4. It has cash and short-term investments of $919.4M.

Key information

63.4%

Debt to equity ratio

US$774.60m

Debt

Interest coverage ratio	-4x
Cash	US$919.40m
Equity	US$1.22b
Total liabilities	US$1.83b
Total assets	US$3.05b

Recent financial health updates

Recent updates

DNO (OB:DNO) Could Be Struggling To Allocate Capital

Oct 09

What You Can Learn From DNO ASA's (OB:DNO) P/S

Sep 16

We Think You Can Look Beyond DNO's (OB:DNO) Lackluster Earnings

Aug 23

DNO (OB:DNO) Is Increasing Its Dividend To $0.3125

Aug 19

It's A Story Of Risk Vs Reward With DNO ASA (OB:DNO)

Mar 08

DNO ASA (OB:DNO) Analysts Are More Bearish Than They Used To Be

Feb 13

DNO (OB:DNO) Takes On Some Risk With Its Use Of Debt

Jan 21

Here's Why DNO (OB:DNO) Has Caught The Eye Of Investors

Aug 09

Some Investors May Be Worried About DNO's (OB:DNO) Returns On Capital

Jul 12

An Intrinsic Calculation For DNO ASA (OB:DNO) Suggests It's 47% Undervalued

Jun 24

DNO (OB:DNO) Seems To Use Debt Quite Sensibly

Jun 06

Growth Investors: Industry Analysts Just Upgraded Their DNO ASA (OB:DNO) Revenue Forecasts By 13%

May 16

Some Investors May Be Worried About DNO's (OB:DNO) Returns On Capital

Mar 30

Does DNO (OB:DNO) Deserve A Spot On Your Watchlist?

Mar 15

Estimating The Fair Value Of DNO ASA (OB:DNO)

Mar 02

DNO (OB:DNO) Could Easily Take On More Debt

Jan 31

DNO (OB:DNO) Could Be Struggling To Allocate Capital

Dec 21

With EPS Growth And More, DNO (OB:DNO) Makes An Interesting Case

Nov 21

DNO ASA (OB:DNO) Shares Could Be 50% Below Their Intrinsic Value Estimate

Nov 03

Analysts Just Published A Bright New Outlook For DNO ASA's (OB:DNO)

Sep 22

Financial Position Analysis

Short Term Liabilities: DNO's short term assets ($1.3B) exceed its short term liabilities ($339.5M).

Long Term Liabilities: DNO's short term assets ($1.3B) do not cover its long term liabilities ($1.5B).

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 92% to 63.4% over the past 5 years.

Debt Coverage: DNO's debt is well covered by operating cash flow (56.3%).

Interest Coverage: DNO earns more interest than it pays, so coverage of interest payments is not a concern.

DNO Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

DNO (OB:DNO) Takes On Some Risk With Its Use Of Debt

DNO (OB:DNO) Seems To Use Debt Quite Sensibly

DNO (OB:DNO) Could Easily Take On More Debt

Recent updates

Consensus EPS estimates fall by 23%

New minor risk - Earnings quality

Third quarter dividend of kr0.31 announced

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

DNO Asa Approves Dividend, Payable on or About 22 November 2024

DNO (OB:DNO) Could Be Struggling To Allocate Capital

What You Can Learn From DNO ASA's (OB:DNO) P/S

Consensus EPS estimates fall by 13%

We Think You Can Look Beyond DNO's (OB:DNO) Lackluster Earnings

DNO (OB:DNO) Is Increasing Its Dividend To $0.3125

Second quarter dividend of kr0.31 announced

Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

DNO ASA Approves Dividend, Payable on or About 30 August 2024

Less than half of directors are independent

DNO ASA Racks Up Discoveries in Its Offshore Norway Core Area

DNO ASA Approves Dividend, Payable on or About 28 May 2024

DNO ASA Announces Kurdistan Operations Recover Rapidly from Torrential Flooding

DNO ASA Announces Completion of an Appraisal Well and Sidetrack

Full year 2023 earnings: EPS and revenues exceed analyst expectations

It's A Story Of Risk Vs Reward With DNO ASA (OB:DNO)

Consensus EPS estimates increase from loss to US$0.01 profit, revenue downgraded

Consensus revenue estimates fall by 22%

Price target decreased by 7.3% to kr14.38

DNO ASA (OB:DNO) Analysts Are More Bearish Than They Used To Be

Full year 2023 earnings: EPS and revenues exceed analyst expectations

DNO ASA Approves Dividend, Payable on or About 26 February 2024

DNO (OB:DNO) Takes On Some Risk With Its Use Of Debt

Consensus EPS estimates fall by 37%

Less than half of directors are independent

DNO ASA to Report Q3, 2024 Results on Nov 07, 2024

DNO ASA Announces Successful Completion of the Second Appraisal Well on the Bergknapp/re Discovery in License PL836S in the Norwegian Sea

DNO Announces Successful Ofelia Appraisal and New Kyrre Discovery

DNO ASA Approves Dividend, Payable on or About 24 November 2023

DNO ASA Reopens Production At Tawke PSC

DNO Makes Play-Opening Discovery at Norma

DNO ASA Announces Managing Director Changes

DNO ASA Announces Update on Tawke PSC

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

DNO ASA Approves Dividend Payment, o Be Made on or About 1 September 2023

Here's Why DNO (OB:DNO) Has Caught The Eye Of Investors

DNO ASA Announces Gas and Condensate Discovery on the Carmen Prospect in the Norwegian North Sea License PL1148

Some Investors May Be Worried About DNO's (OB:DNO) Returns On Capital

DNO ASA Announces Gas and Condensate Discovery on the Carmen Prospect in the Norwegian North Sea License PL1148

Price target decreased by 9.3% to kr16.67

An Intrinsic Calculation For DNO ASA (OB:DNO) Suggests It's 47% Undervalued

DNO (OB:DNO) Seems To Use Debt Quite Sensibly

Insider recently bought kr148k worth of stock

Less than half of directors are independent

DNO ASA Approves Executive Changes

Consensus EPS estimates increase by 101%, revenue downgraded

Consensus revenue estimates increase by 13%

Upcoming dividend of kr0.25 per share at 9.7% yield

Growth Investors: Industry Analysts Just Upgraded Their DNO ASA (OB:DNO) Revenue Forecasts By 13%

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

DNO ASA Approves Cash Dividend, Payable on or about June 2, 2023

Price target increased by 12% to kr19.63

Investor sentiment improves as stock rises 21%

Some Investors May Be Worried About DNO's (OB:DNO) Returns On Capital

Full year 2022 earnings released: EPS: US$0.39 (vs US$0.21 in FY 2021)

Now 26% undervalued after recent price drop

Does DNO (OB:DNO) Deserve A Spot On Your Watchlist?

Estimating The Fair Value Of DNO ASA (OB:DNO)

Full year 2022 earnings released: EPS: US$0.39 (vs US$0.21 in FY 2021)

DNO ASA Confirms Oil and Gas Discovery on the Røver Sør Prospect in the Norwegian North Sea License PL923

DNO (OB:DNO) Could Easily Take On More Debt

Consensus EPS estimates fall by 13%

DNO (OB:DNO) Could Be Struggling To Allocate Capital

DNO ASA (OB:DNO) commences an Equity Buyback, under the authorization approved on May 25, 2022.

Insider recently bought kr125k worth of stock

With EPS Growth And More, DNO (OB:DNO) Makes An Interesting Case

Less than half of directors are independent

DNO ASA to Report First Half, 2023 Results on Aug 17, 2023