Permian Resources Balance Sheet Health
Financial Health criteria checks 2/6
Permian Resources has a total shareholder equity of $9.3B and total debt of $3.9B, which brings its debt-to-equity ratio to 41.8%. Its total assets and total liabilities are $15.1B and $5.7B respectively. Permian Resources's EBIT is $1.4B making its interest coverage ratio 6.5. It has cash and short-term investments of $12.7M.
Key information
41.8%
Debt to equity ratio
US$3.91b
Debt
| Interest coverage ratio | 6.5x |
| Cash | US$12.69m |
| Equity | US$9.35b |
| Total liabilities | US$5.73b |
| Total assets | US$15.08b |
Recent financial health updates
No updates
Recent updates
Permian Resources (NYSE:PR) Has Announced That It Will Be Increasing Its Dividend To $0.20
May 11
Permian Resources: A Growth Company With A Lot Of Growth Left
May 08Permian Resources: Now Projected To Generate Over $1.5 Billion In 2024 FCF
Apr 17Permian Resources Corporation's (NYSE:PR) Business Is Trailing The Market But Its Shares Aren't
Apr 01Permian 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 22Financial Position Analysis
Short Term Liabilities: PR's short term assets ($607.4M) do not cover its short term liabilities ($1.1B).
Long Term Liabilities: PR's short term assets ($607.4M) do not cover its long term liabilities ($4.6B).
Debt to Equity History and Analysis
Debt Level: PR's net debt to equity ratio (41.7%) is considered high.
Reducing Debt: PR's debt to equity ratio has increased from 27.2% to 41.8% over the past 5 years.
Debt Coverage: PR's debt is well covered by operating cash flow (62%).
Interest Coverage: PR's interest payments on its debt are well covered by EBIT (6.5x coverage).