Denbury Balance Sheet Health
Financial Health criteria checks 4/6
Denbury has a total shareholder equity of $1.7B and total debt of $85.0M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are $2.5B and $841.5M respectively. Denbury's EBIT is $601.9M making its interest coverage ratio 167.5. It has cash and short-term investments of $531.0K.
Key information
5.0%
Debt to equity ratio
US$85.00m
Debt
| Interest coverage ratio | 167.5x |
| Cash | US$531.00k |
| Equity | US$1.70b |
| Total liabilities | US$841.47m |
| Total assets | US$2.54b |
Recent financial health updates
Recent updates
Denbury: A Deep Dive Into Financial Metrics, Liquidity Concerns, And Investment Potential
Oct 16Exxon Mobil Pays A Fair Price For Its $4.9 Billion Acquisition Of Denbury
Jul 15If EPS Growth Is Important To You, Denbury (NYSE:DEN) Presents An Opportunity
Jun 23
Improved Earnings Required Before Denbury Inc. (NYSE:DEN) Shares Find Their Feet
May 30Denbury Inc. (NYSE:DEN) Shares Could Be 25% Below Their Intrinsic Value Estimate
Apr 17Investors Shouldn't Overlook Denbury's (NYSE:DEN) Impressive Returns On Capital
Mar 31Denbury Q4 2022 Earnings Preview
Feb 22Denbury gains amid renewed Exxon takeover speculation
Jan 12Denbury (NYSE:DEN) Could Become A Multi-Bagger
Dec 26Denbury partners with Weyerhaeuser for a CO2 sequestration site in Mississippi
Dec 12Buy Denbury As The EOR Market Is Growing
Nov 17Financial Position Analysis
Short Term Liabilities: DEN's short term assets ($210.7M) do not cover its short term liabilities ($296.7M).
Long Term Liabilities: DEN's short term assets ($210.7M) do not cover its long term liabilities ($544.7M).
Debt to Equity History and Analysis
Debt Level: DEN's net debt to equity ratio (5%) is considered satisfactory.
Reducing Debt: DEN's debt to equity ratio has reduced from 316.3% to 5% over the past 5 years.
Debt Coverage: DEN's debt is well covered by operating cash flow (601.9%).
Interest Coverage: DEN's interest payments on its debt are well covered by EBIT (167.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/11/03 04:36 |
| End of Day Share Price | 2023/11/01 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Denbury Inc. is covered by 40 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Daniel Katzenberg | Baird |
| Jeffrey Robertson | Barclays |
| Randy Ollenberger | BMO Capital Markets Equity Research |