Serica Energy Balance Sheet Health
Financial Health criteria checks 4/6
Serica Energy has a total shareholder equity of $796.5M and total debt of $219.1M, which brings its debt-to-equity ratio to 27.5%. Its total assets and total liabilities are $1.5B and $668.3M respectively. Serica Energy's EBIT is $177.7M making its interest coverage ratio 19.8. It has cash and short-term investments of $148.5M.
Key information
27.51%
Debt to equity ratio
US$219.13m
Debt
| Interest coverage ratio | 19.8x |
| Cash | US$148.46m |
| Equity | US$796.46m |
| Total liabilities | US$668.30m |
| Total assets | US$1.46b |
Recent financial health updates
Recent updates
Serica Energy (LON:SQZ) Has Announced A Dividend Of $0.10
Jun 21
High-quality Reservoirs In Triton Will Promise Improved Efficiency, But Operational Downtime May Impact Margins
The company's strong operational expertise and high-quality asset base enhance production efficiency and potential revenue growth.The Trend Of High Returns At Serica Energy (LON:SQZ) Has Us Very Interested
Dec 01Does Serica Energy (LON:SQZ) Have A Healthy Balance Sheet?
Nov 13Improved Earnings Required Before Serica Energy plc (LON:SQZ) Stock's 26% Jump Looks Justified
Oct 08Financial Position Analysis
Short Term Liabilities: SQZ's short term assets ($397.7M) exceed its short term liabilities ($206.3M).
Long Term Liabilities: SQZ's short term assets ($397.7M) do not cover its long term liabilities ($462.0M).
Debt to Equity History and Analysis
Debt Level: SQZ's net debt to equity ratio (8.9%) is considered satisfactory.
Reducing Debt: SQZ's debt to equity ratio has increased from 0% to 27.5% over the past 5 years.
Debt Coverage: SQZ's debt is well covered by operating cash flow (128.5%).
Interest Coverage: SQZ's interest payments on its debt are well covered by EBIT (19.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/07/09 17:37 |
| End of Day Share Price | 2025/07/09 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
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| 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Serica Energy plc is covered by 17 analysts. 6 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 |
|---|---|
| Stephane Guy Foucaud | Auctus Advisors LLP |
| Charlie Sharp | Canaccord Genuity |
| Philip Hallam | Canaccord Genuity |