Devon Energy Financial Health

How is Devon Energy's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: DVN's short term assets ($6.4B) exceed its short term liabilities ($4.1B).

Long Term Liabilities: DVN's short term assets ($6.4B) do not cover its long term liabilities ($8.9B).


Debt to Equity History and Analysis

Debt Level: DVN's net debt to equity ratio (30.9%) is considered satisfactory.

Reducing Debt: DVN's debt to equity ratio has reduced from 93.3% to 63.2% over the past 5 years.

Debt Coverage: DVN's debt is well covered by operating cash flow (119.6%).

Interest Coverage: DVN's interest payments on its debt are well covered by EBIT (18.3x coverage).


Balance Sheet


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