Genesis Energy Balance Sheet Health
Financial Health criteria checks 3/6
Genesis Energy has a total shareholder equity of NZ$2.5B and total debt of NZ$1.3B, which brings its debt-to-equity ratio to 51.1%. Its total assets and total liabilities are NZ$5.2B and NZ$2.7B respectively. Genesis Energy's EBIT is NZ$165.9M making its interest coverage ratio 2.2. It has cash and short-term investments of NZ$69.5M.
Key information
51.1%
Debt to equity ratio
NZ$1.26b
Debt
Interest coverage ratio | 2.2x |
Cash | NZ$69.50m |
Equity | NZ$2.47b |
Total liabilities | NZ$2.70b |
Total assets | NZ$5.17b |
Recent financial health updates
Here's Why Genesis Energy (NZSE:GNE) Can Manage Its Debt Responsibly
Dec 07Does Genesis Energy (NZSE:GNE) Have A Healthy Balance Sheet?
Dec 23Genesis Energy (NZSE:GNE) Has A Pretty Healthy Balance Sheet
Jun 08These 4 Measures Indicate That Genesis Energy (NZSE:GNE) Is Using Debt Reasonably Well
Dec 28Is Genesis Energy (NZSE:GNE) Using Too Much Debt?
Jul 01Genesis Energy (NZSE:GNE) Has A Pretty Healthy Balance Sheet
Mar 24Recent updates
Genesis Energy Limited's (NZSE:GNE) Price Is Out Of Tune With Earnings
Dec 26Here's Why Genesis Energy (NZSE:GNE) Can Manage Its Debt Responsibly
Dec 07Genesis Energy's (NZSE:GNE) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 09Genesis Energy (NZSE:GNE) Is Increasing Its Dividend To NZ$0.1035
Aug 26With EPS Growth And More, Genesis Energy (NZSE:GNE) Makes An Interesting Case
Feb 14Does Genesis Energy (NZSE:GNE) Have A Healthy Balance Sheet?
Dec 23Genesis Energy (NZSE:GNE) Might Have The Makings Of A Multi-Bagger
Dec 02Calculating The Fair Value Of Genesis Energy Limited (NZSE:GNE)
Oct 13Genesis Energy (NZSE:GNE) Is Paying Out A Larger Dividend Than Last Year
Sep 19Genesis Energy's (NZSE:GNE) Dividend Will Be Increased To NZ$0.1016
Sep 05Genesis Energy (NZSE:GNE) Is Increasing Its Dividend To NZ$0.1016
Aug 22Returns On Capital At Genesis Energy (NZSE:GNE) Have Stalled
Jul 18Genesis Energy (NZSE:GNE) Has A Pretty Healthy Balance Sheet
Jun 08Genesis Energy (NZSE:GNE) Is Increasing Its Dividend To NZ$0.099
Mar 07Return Trends At Genesis Energy (NZSE:GNE) Aren't Appealing
Mar 03These 4 Measures Indicate That Genesis Energy (NZSE:GNE) Is Using Debt Reasonably Well
Dec 28Return Trends At Genesis Energy (NZSE:GNE) Aren't Appealing
Nov 21It Looks Like Shareholders Would Probably Approve Genesis Energy Limited's (NZSE:GNE) CEO Compensation Package
Oct 22Genesis Energy's (NZSE:GNE) Dividend Will Be Increased To NZ$0.10
Sep 13Genesis Energy's (NZSE:GNE) Dividend Will Be Increased To NZ$0.10
Aug 29Is Genesis Energy (NZSE:GNE) Using Too Much Debt?
Jul 01An Intrinsic Calculation For Genesis Energy Limited (NZSE:GNE) Suggests It's 49% Undervalued
May 28Genesis Energy (NZSE:GNE) Hasn't Managed To Accelerate Its Returns
May 02Tread With Caution Around Genesis Energy Limited's (NZSE:GNE) 4.9% Dividend Yield
Apr 05Genesis Energy (NZSE:GNE) Has A Pretty Healthy Balance Sheet
Mar 24Here's Why We're Wary Of Buying Genesis Energy's (NZSE:GNE) For Its Upcoming Dividend
Mar 12The Chief Executive Officer of Genesis Energy Limited (NZSE:GNE), Marc England, Just Sold 32% Of Their Holding
Mar 11Genesis Energy Limited's (NZSE:GNE) Financial Prospects Don't Look Very Positive: Could It Mean A Stock Price Drop In The Future?
Mar 06Genesis Energy Limited (NZSE:GNE) Shares Could Be 44% Below Their Intrinsic Value Estimate
Feb 21What Kind Of Investors Own Most Of Genesis Energy Limited (NZSE:GNE)?
Feb 02Is Genesis Energy (NZSE:GNE) Likely To Turn Things Around?
Jan 18Shareholders Of Genesis Energy (NZSE:GNE) Must Be Happy With Their 180% Total Return
Jan 03Is Genesis Energy (NZSE:GNE) Using Too Much Debt?
Dec 19Read This Before Buying Genesis Energy Limited (NZSE:GNE) For Its Dividend
Dec 06Key Things To Understand About Genesis Energy's (NZSE:GNE) CEO Pay Cheque
Nov 24Financial Position Analysis
Short Term Liabilities: GNE's short term assets (NZ$592.7M) exceed its short term liabilities (NZ$514.7M).
Long Term Liabilities: GNE's short term assets (NZ$592.7M) do not cover its long term liabilities (NZ$2.2B).
Debt to Equity History and Analysis
Debt Level: GNE's net debt to equity ratio (48.3%) is considered high.
Reducing Debt: GNE's debt to equity ratio has reduced from 62.8% to 51.1% over the past 5 years.
Debt Coverage: GNE's debt is well covered by operating cash flow (32.4%).
Interest Coverage: GNE's interest payments on its debt are not well covered by EBIT (2.2x coverage).