Harbour Energy Balance Sheet Health
Financial Health criteria checks 4/6
Harbour Energy has a total shareholder equity of $1.5B and total debt of $501.0M, which brings its debt-to-equity ratio to 34%. Its total assets and total liabilities are $9.9B and $8.4B respectively. Harbour Energy's EBIT is $656.0M making its interest coverage ratio 10.6. It has cash and short-term investments of $539.0M.
Key information
34.0%
Debt to equity ratio
US$501.00m
Debt
| Interest coverage ratio | 10.6x |
| Cash | US$539.00m |
| Equity | US$1.47b |
| Total liabilities | US$8.42b |
| Total assets | US$9.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HBRI.Y's short term assets ($1.6B) do not cover its short term liabilities ($2.0B).
Long Term Liabilities: HBRI.Y's short term assets ($1.6B) do not cover its long term liabilities ($6.4B).
Debt to Equity History and Analysis
Debt Level: HBRI.Y has more cash than its total debt.
Reducing Debt: HBRI.Y's debt to equity ratio has reduced from 170.7% to 34% over the past 5 years.
Debt Coverage: HBRI.Y's debt is well covered by operating cash flow (321.4%).
Interest Coverage: HBRI.Y's interest payments on its debt are well covered by EBIT (10.6x coverage).