Delek Logistics Partners Balance Sheet Health
Financial Health criteria checks 0/6
Delek Logistics Partners has a total shareholder equity of $-45.1M and total debt of $1.9B, which brings its debt-to-equity ratio to -4199.4%. Its total assets and total liabilities are $2.0B and $2.0B respectively. Delek Logistics Partners's EBIT is $225.0M making its interest coverage ratio 1.8. It has cash and short-term investments of $7.3M.
Key information
-4,199.4%
Debt to equity ratio
US$1.89b
Debt
| Interest coverage ratio | 1.8x |
| Cash | US$7.32m |
| Equity | -US$45.11m |
| Total liabilities | US$2.01b |
| Total assets | US$1.96b |
Recent financial health updates
No updates
Recent updates
Delek Logistics Partners: Impressive Q3 Performance, Buy
Nov 08Delek US Holdings: Refining Troubles And Rising Debt Spell Ratings Downgrade
Sep 09DKL Logistics LP: Record Earnings, 11% Yield, Major Expansion
Aug 30Delek Logistics Partners, LP Curiouser And Curiouser!
Dec 31Delek Logistics: Great Distribution Growth, But There Are Better Options
Oct 18Delek Logistics Partners LP: Offering A Great Dividend At A Good Price
Jul 31Delek Logistics Partners: An 8.30%-Yielder That Is Worthy Of Consideration
Jan 26Delek US Holdings: Big Changes Could Be Coming In 2023 (Rating Downgrade)
Jan 18Delek Logistics Partners Q3 Earnings Preview
Nov 04Delek US Holdings: Well-Diversified And Substantially Undervalued
Oct 24Delek Logistics Partners: Solid Growth Potential, Stability, And A 6.47% Yield
Aug 25Delek Logistics Partners declares $0.985 dividend
Jul 25Delek Logistics Partners: Leveraging Up To Boost Distribution Growth
Jun 09Delek US Holdings: Dividends Likely To Be Reinstated Imminently
May 13Delek Logistics Partners LP: 10% Yield, 5% Dividend Growth In 2022
Mar 18Delek Logistics Partners: A Safe High 9%+ Distribution Yield For 2022
Feb 25Delek Logistics Partners: A Solid 8%+ Yielder With Growth Prospects
Dec 12Financial Position Analysis
Short Term Liabilities: DKL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: DKL has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: DKL has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: DKL's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: DKL's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: DKL's interest payments on its debt are not well covered by EBIT (1.8x coverage).