Permian Resources Balance Sheet Health
Financial Health criteria checks 2/6
Permian Resources has a total shareholder equity of $9.2B and total debt of $3.8B, which brings its debt-to-equity ratio to 41.7%. Its total assets and total liabilities are $15.0B and $5.7B respectively. Permian Resources's EBIT is $1.3B making its interest coverage ratio 7.5. It has cash and short-term investments of $73.3M.
Key information
41.7%
Debt to equity ratio
US$3.85b
Debt
Interest coverage ratio | 7.5x |
Cash | US$73.29m |
Equity | US$9.23b |
Total liabilities | US$5.74b |
Total assets | US$14.97b |
Recent financial health updates
We Think Permian Resources (NYSE:PR) Can Stay On Top Of Its Debt
Jun 13Does Permian Resources (NYSE:PR) Have A Healthy Balance Sheet?
Jan 31Recent updates
Permian Resources Continues To Make Smaller Acquisitions (Rating Upgrade)
Feb 03Permian Resources: Solid Performance, Stretched Valuation, Time To Take Profits
Jan 18Are Investors Undervaluing Permian Resources Corporation (NYSE:PR) By 46%?
Dec 24Permian Resources: Solid Q3 And Completed Acquisition
Nov 14Permian Resources: Earthstone Energy Acquisition Should Close Soon
Oct 25Here's Why Permian Resources (NYSE:PR) Has Caught The Eye Of Investors
Oct 11Is There An Opportunity With Permian Resources Corporation's (NYSE:PR) 44% Undervaluation?
Sep 17Permian Basin Consolidation Continues With Permian Resources' Acquisition Of Earthstone Energy
Aug 22Permian Resources: Expected To Deliver 10% Oil Production Growth With Substantial FCF
Jul 26Here's Why We Think Permian Resources (NYSE:PR) Is Well Worth Watching
Jul 01We Think Permian Resources (NYSE:PR) Can Stay On Top Of Its Debt
Jun 13Is Permian Resources Corporation (NYSE:PR) Trading At A 39% Discount?
Apr 27Here's Why We Think Permian Resources (NYSE:PR) Is Well Worth Watching
Feb 24Permian Resources GAAP EPS of $0.26 misses by $0.24, revenue of $761.56M beats by $28.92M
Feb 22Does Permian Resources (NYSE:PR) Have A Healthy Balance Sheet?
Jan 31Permian Resources: $1 Billion In Positive Cash Flow Likely In 2023
Dec 22Financial Position Analysis
Short Term Liabilities: PR's short term assets ($650.4M) do not cover its short term liabilities ($1.2B).
Long Term Liabilities: PR's short term assets ($650.4M) do not cover its long term liabilities ($4.5B).
Debt to Equity History and Analysis
Debt Level: PR's net debt to equity ratio (40.9%) is considered high.
Reducing Debt: PR's debt to equity ratio has increased from 21.3% to 41.7% over the past 5 years.
Debt Coverage: PR's debt is well covered by operating cash flow (57.5%).
Interest Coverage: PR's interest payments on its debt are well covered by EBIT (7.5x coverage).