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Blueknight Energy Partners Balance Sheet Health
Financial Health criteria checks 3/6
Key information
2,564.1%
Debt to equity ratio
US$114.00m
Debt
| Interest coverage ratio | 9.2x |
| Cash | US$774.00k |
| Equity | US$4.45m |
| Total liabilities | US$148.88m |
| Total assets | US$153.33m |
Recent financial health updates
No updates
Recent updates
Blueknight Energy Partners GAAP EPS of $0.02, revenue of $27.76M
Aug 03Blueknight Energy Partners declares $0.0425 dividend
Jul 26Blueknight Energy Partners Is Being Acquired By Ergon
Apr 28Blueknight Energy Partners: Increased Infrastructure Spending Should Boost Its Results
Apr 26Blueknight Energy Partners: Crude Oil Business Sale Enhances Stability Of Preferred Units
Dec 24Blueknight Energy to sell crude oil business, focus on downstream
Dec 21Financial Position Analysis
Short Term Liabilities: BKEP's short term assets ($13.6M) do not cover its short term liabilities ($23.9M).
Long Term Liabilities: BKEP's short term assets ($13.6M) do not cover its long term liabilities ($124.9M).
Debt to Equity History and Analysis
Debt Level: BKEP's net debt to equity ratio (2546.7%) is considered high.
Reducing Debt: BKEP's debt to equity ratio has reduced from 2618.3% to 2564.1% over the past 5 years.
Debt Coverage: BKEP's debt is well covered by operating cash flow (41.8%).
Interest Coverage: BKEP's interest payments on its debt are well covered by EBIT (9.2x coverage).