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).