USD Partners Balance Sheet Health
Financial Health criteria checks 0/6
USD Partners has a total shareholder equity of $-108.9M and total debt of $195.8M, which brings its debt-to-equity ratio to -179.8%. Its total assets and total liabilities are $104.6M and $213.5M respectively. USD Partners's EBIT is $8.2M making its interest coverage ratio 0.5. It has cash and short-term investments of $11.2M.
Key information
-179.8%
Debt to equity ratio
US$195.79m
Debt
| Interest coverage ratio | 0.5x |
| Cash | US$11.22m |
| Equity | -US$108.88m |
| Total liabilities | US$213.52m |
| Total assets | US$104.63m |
Recent financial health updates
Recent updates
USD Partners declares $0.1235 dividend
Jan 27USD Partners: Distributions Could Be Suspended In The Coming Months
Nov 14USD Partners declares $0.1235 dividend
Oct 25USD Partners: 10.4% Dividend Yield, Weak Results, 6.6x P/E
Sep 08USD Partners goes ex dividend tomorrow
Aug 01USD Partners: IDRs Gone Forever, Short-Term Pain But Long-Term Gain
May 16USD Partners: Grab 3 More Distribution Hikes For 2022 For A No-Stress Near 9% Yield
Mar 06USD Partners: 7% Dividend With Upside Potential
Nov 01USD Partners: Full Price Recovery Coming, Catalyst In Sight
Aug 16USD Partners reports Q1 results
May 05USD Partners: Small And Overlooked With A Very High Yield
Dec 14Financial Position Analysis
Short Term Liabilities: USDP has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: USDP has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: USDP has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: USDP's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: USDP's debt is not well covered by operating cash flow (3.7%).
Interest Coverage: USDP's interest payments on its debt are not well covered by EBIT (0.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/29 07:48 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
USD Partners LP is covered by 8 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brian Zarahn | Barclays |
| Derek Walker | BofA Global Research |
| Robert Balsamo | B. Riley Securities, Inc. |