This company has been acquired
DCP Midstream Balance Sheet Health
Financial Health criteria checks 2/6
DCP Midstream has a total shareholder equity of $6.1B and total debt of $4.9B, which brings its debt-to-equity ratio to 79.7%. Its total assets and total liabilities are $12.9B and $6.7B respectively. DCP Midstream's EBIT is $859.0M making its interest coverage ratio 3.1. It has cash and short-term investments of $2.0M.
Key information
79.7%
Debt to equity ratio
US$4.90b
Debt
| Interest coverage ratio | 3.1x |
| Cash | US$2.00m |
| Equity | US$6.15b |
| Total liabilities | US$6.74b |
| Total assets | US$12.88b |
Recent financial health updates
No updates
Recent updates
DCP Midstream: Stock Might Plateau At Current Price Given Peak In Demand For Oil
Feb 15DCP Midstream GAAP EPS of $1.13 beats by $0.25, revenue of $3.03B beats by $1B
Feb 08DCP Midstream declares $0.43 dividend
Jan 24DCP Midstream GAAP EPS of $1.50, revenue of $4.32B
Nov 02DCP Midstream goes ex dividend tomorrow
Oct 26DCP Midstream GAAP EPS of $1.77 beats by $0.70, revenue of $4.27B misses by $230M
Aug 02DCP Midstream raises dividend by 10% to $0.43
Jul 21DCP Midstream: Don't Forget The Preferreds
Jul 05DCP Midstream Remains An Interesting Investment
Jun 02DCP Midstream: Earn A Very Sustainable 5.50% Yield
Jan 30DCP Midstream - Room To Run
Oct 11DCP Midstream, LP 2021 Q1 - Results - Earnings Call Presentation
May 07DCP Midstream Q1 2021 Earnings Preview
May 04DCP Midstream goes ex-dividend tomorrow
Apr 28Combine DCP Midstream's 8.3% Yield And Its 9% Yielding Preferreds For A Resilient Income
Dec 29DCP Midstream (DCP) Investor Presentation - Slideshow
Dec 15DCP Midstream, LP 2020 Q3 - Results - Earnings Call Presentation
Nov 05DCP Midstream Q3 2020 Earnings Preview
Nov 03Financial Position Analysis
Short Term Liabilities: DCP's short term assets ($1.3B) do not cover its short term liabilities ($1.4B).
Long Term Liabilities: DCP's short term assets ($1.3B) do not cover its long term liabilities ($5.3B).
Debt to Equity History and Analysis
Debt Level: DCP's net debt to equity ratio (79.7%) is considered high.
Reducing Debt: DCP's debt to equity ratio has increased from 65.8% to 79.7% over the past 5 years.
Debt Coverage: DCP's debt is well covered by operating cash flow (37.3%).
Interest Coverage: DCP's interest payments on its debt are well covered by EBIT (3.1x coverage).