FAR-EASTERN ENERGY Balance Sheet Health
Financial Health criteria checks 5/6
FAR-EASTERN ENERGY has a total shareholder equity of RUB20.2B and total debt of RUB13.5B, which brings its debt-to-equity ratio to 67.1%. Its total assets and total liabilities are RUB59.4B and RUB39.3B respectively. FAR-EASTERN ENERGY's EBIT is RUB4.9B making its interest coverage ratio 10.4. It has cash and short-term investments of RUB7.0B.
Key information
67.1%
Debt to equity ratio
₽13.52b
Debt
| Interest coverage ratio | 10.4x |
| Cash | ₽6.97b |
| Equity | ₽20.16b |
| Total liabilities | ₽39.26b |
| Total assets | ₽59.42b |
Recent financial health updates
Is FAR-EASTERN ENERGY (MCX:DVEC) Using Too Much Debt?
Sep 20
Does FAR-EASTERN ENERGY (MCX:DVEC) Have A Healthy Balance Sheet?
Jun 08Recent updates
Is FAR-EASTERN ENERGY (MCX:DVEC) Using Too Much Debt?
Sep 20Does FAR-EASTERN ENERGY (MCX:DVEC) Have A Healthy Balance Sheet?
Jun 08Did You Miss FAR-EASTERN ENERGY's (MCX:DVEC) 20% Share Price Gain?
Mar 15Returns On Capital - An Important Metric For FAR-EASTERN ENERGY (MCX:DVEC)
Jan 20Does FAR-EASTERN ENERGY's (MCX:DVEC) Share Price Gain of 67% Match Its Business Performance?
Nov 28
Financial Position Analysis
Short Term Liabilities: DVEC's short term assets (RUB18.6B) do not cover its short term liabilities (RUB29.9B).
Long Term Liabilities: DVEC's short term assets (RUB18.6B) exceed its long term liabilities (RUB9.4B).
Debt to Equity History and Analysis
Debt Level: DVEC's net debt to equity ratio (32.5%) is considered satisfactory.
Reducing Debt: DVEC had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: DVEC's debt is well covered by operating cash flow (56.2%).
Interest Coverage: DVEC's interest payments on its debt are well covered by EBIT (10.4x coverage).