Dynagas LNG Partners Balance Sheet Health
Financial Health criteria checks 2/6
Dynagas LNG Partners has a total shareholder equity of $448.2M and total debt of $420.2M, which brings its debt-to-equity ratio to 93.7%. Its total assets and total liabilities are $908.9M and $460.7M respectively. Dynagas LNG Partners's EBIT is $64.7M making its interest coverage ratio 2.1. It has cash and short-term investments of $89.4M.
Key information
93.7%
Debt to equity ratio
US$420.20m
Debt
Interest coverage ratio | 2.1x |
Cash | US$89.38m |
Equity | US$448.24m |
Total liabilities | US$460.67m |
Total assets | US$908.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DLNG.PRB's short term assets ($105.3M) do not cover its short term liabilities ($458.8M).
Long Term Liabilities: DLNG.PRB's short term assets ($105.3M) exceed its long term liabilities ($1.9M).
Debt to Equity History and Analysis
Debt Level: DLNG.PRB's net debt to equity ratio (73.8%) is considered high.
Reducing Debt: DLNG.PRB's debt to equity ratio has reduced from 218.3% to 93.7% over the past 5 years.
Debt Coverage: DLNG.PRB's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: DLNG.PRB's interest payments on its debt are not well covered by EBIT (2.1x coverage).