DNO Balance Sheet Health
Financial Health criteria checks 6/6
DNO has a total shareholder equity of $1.2B and total debt of $558.2M, which brings its debt-to-equity ratio to 45.2%. Its total assets and total liabilities are $2.6B and $1.4B respectively. DNO's EBIT is $194.1M making its interest coverage ratio 17. It has cash and short-term investments of $718.8M.
Key information
45.2%
Debt to equity ratio
US$558.20m
Debt
Interest coverage ratio | 17x |
Cash | US$718.80m |
Equity | US$1.23b |
Total liabilities | US$1.40b |
Total assets | US$2.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DTNO.F's short term assets ($1.1B) exceed its short term liabilities ($415.1M).
Long Term Liabilities: DTNO.F's short term assets ($1.1B) exceed its long term liabilities ($988.4M).
Debt to Equity History and Analysis
Debt Level: DTNO.F has more cash than its total debt.
Reducing Debt: DTNO.F's debt to equity ratio has reduced from 48.8% to 45.2% over the past 5 years.
Debt Coverage: DTNO.F's debt is well covered by operating cash flow (34.8%).
Interest Coverage: DTNO.F's interest payments on its debt are well covered by EBIT (17x coverage).