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 $509.0M, which brings its debt-to-equity ratio to 33.1%. Its total assets and total liabilities are $9.9B and $8.4B respectively. Harbour Energy's EBIT is $782.0M making its interest coverage ratio 10. It has cash and short-term investments of $280.0M.
Key information
33.1%
Debt to equity ratio
US$509.00m
Debt
Interest coverage ratio | 10x |
Cash | US$280.00m |
Equity | US$1.54b |
Total liabilities | US$8.36b |
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 ($1.8B) do not cover its short term liabilities ($2.2B).
Long Term Liabilities: HBRI.Y's short term assets ($1.8B) do not cover its long term liabilities ($6.1B).
Debt to Equity History and Analysis
Debt Level: HBRI.Y's net debt to equity ratio (14.9%) is considered satisfactory.
Reducing Debt: HBRI.Y's debt to equity ratio has reduced from 192.8% to 33.1% over the past 5 years.
Debt Coverage: HBRI.Y's debt is well covered by operating cash flow (421.2%).
Interest Coverage: HBRI.Y's interest payments on its debt are well covered by EBIT (10x coverage).