Genesis Energy Balance Sheet Health
Financial Health criteria checks 0/6
Genesis Energy has a total shareholder equity of $1.7B and total debt of $3.8B, which brings its debt-to-equity ratio to 219.4%. Its total assets and total liabilities are $7.0B and $5.3B respectively. Genesis Energy's EBIT is $329.4M making its interest coverage ratio 1.3. It has cash and short-term investments of $9.2M.
Key information
219.4%
Debt to equity ratio
US$3.75b
Debt
| Interest coverage ratio | 1.3x |
| Cash | US$9.23m |
| Equity | US$1.71b |
| Total liabilities | US$5.31b |
| Total assets | US$7.02b |
Recent financial health updates
No updates
Recent updates
Genesis Energy: 2025 Could Be A Big Year
Dec 02Genesis Energy: LT Outlook Remains Strong Despite Lowered Guidance Following Q2 Results
Sep 11Genesis Energy: Strong Outlook Despite Slight Q1 Miss, Maintain Strong Buy
Jul 21Genesis Energy: Set To Rally With The Revival In Offshore Drilling
Jul 13Genesis Energy: A Unique High-Yielder In The Midstream Sector
Jun 07Genesis Energy GAAP EPS of $0.15 in-line, revenue of $714.04M
Feb 22Genesis Energy announces public offering of senior notes
Jan 18Genesis Energy declares $0.15 dividend
Jan 12My Top 2023 Pick: Genesis Energy
Dec 26Genesis Energy: Positive Momentum Heading Into 2023
Dec 12Genesis Energy GAAP EPS of -$0.12 misses by $0.14, revenue of $721.24M
Oct 27Genesis Energy declares $0.15 dividend
Oct 11Genesis Energy: Emerging Green Shoots, But Dark Clouds Forming
Oct 04Genesis Energy: Near-Term Growth Potential With A 7.5% Yield But Watch The Debt
Jul 26Genesis Energy declares $0.15 dividend
Jul 13Genesis Energy: New Contracts For 160,000 Bpd Of Oil Transport On CHOPS Affirms Our Bullish Stance
May 26Genesis Energy: Failing To Capitalize On Booming Operating Conditions
May 06Genesis Energy: Buy The Dip. Despite 2022 Guidance Below Forecast, We Explain Why We Believe Genesis Is Still A Double+ The Next Two Years
Feb 28Genesis Energy: Sale Of 36% Stake Was In Fact Included In The Moody's Downgrade
Dec 08Genesis Energy: Moody's Downgrade Likely Ignored Credit Accretive Sale Of 36% Stake In CHOPS
Dec 01Genesis Energy: Positive On Sale Of 36% Stake In CHOPS Offshore Pipeline
Nov 24Genesis Energy: Finally Turning A Corner But Right As Delta Risks Loom Large
Aug 31Genesis Energy: A Clever Way To Play Lithium
Jun 10Genesis Energy: Last Minute Debt Refinancing Saves The Day, But Still Skating On Thin Ice
May 10Genesis Energy EPS misses by $0.33, beats on revenue
May 05Genesis Energy declares $0.15 dividend
Jan 14Genesis Energy: Still One Of The Heaviest Hit MLPs, Hope On The Horizon For The Risky Yield
Dec 29Genesis Energy: A Few Opportunities But Debt Load Is Concerning
Dec 24Genesis Energy (GEL) Presents At 2020 Wells Fargo Midstream and Utility Symposium Conference - Slideshow
Dec 15Genesis Energy upsizes and prices senior note offering
Dec 10Financial Position Analysis
Short Term Liabilities: GEL's short term assets ($964.1M) do not cover its short term liabilities ($967.4M).
Long Term Liabilities: GEL's short term assets ($964.1M) do not cover its long term liabilities ($4.3B).
Debt to Equity History and Analysis
Debt Level: GEL's net debt to equity ratio (218.8%) is considered high.
Reducing Debt: GEL's debt to equity ratio has increased from 138.2% to 219.4% over the past 5 years.
Debt Coverage: GEL's debt is not well covered by operating cash flow (13.9%).
Interest Coverage: GEL's interest payments on its debt are not well covered by EBIT (1.3x coverage).