Tamarack Valley Energy Balance Sheet Health
Financial Health criteria checks 5/6
Tamarack Valley Energy has a total shareholder equity of CA$1.8B and total debt of CA$724.1M, which brings its debt-to-equity ratio to 39.5%. Its total assets and total liabilities are CA$3.5B and CA$1.6B respectively. Tamarack Valley Energy's EBIT is CA$410.4M making its interest coverage ratio 5. It has cash and short-term investments of CA$2.7M.
Key information
39.54%
Debt to equity ratio
CA$724.07m
Debt
| Interest coverage ratio | 5x |
| Cash | CA$2.68m |
| Equity | CA$1.83b |
| Total liabilities | CA$1.64b |
| Total assets | CA$3.47b |
Recent financial health updates
Tamarack Valley Energy (TSE:TVE) Has A Pretty Healthy Balance Sheet
Jan 22
Is Tamarack Valley Energy (TSE:TVE) A Risky Investment?
Aug 18Recent updates
Market Might Still Lack Some Conviction On Tamarack Valley Energy Ltd. (TSE:TVE) Even After 26% Share Price Boost
Nov 29Tamarack Valley Energy (TSE:TVE) Has Announced That It Will Be Increasing Its Dividend To CA$0.0133
Nov 18Tamarack Valley Energy's (TSE:TVE) Dividend Will Be CA$0.0127
Oct 30Tamarack Valley Energy (TSE:TVE) Has Affirmed Its Dividend Of CA$0.0127
Sep 18Tamarack Valley Energy Ltd.'s (TSE:TVE) Price Is Right But Growth Is Lacking
Sep 06Tamarack Valley Energy (TSE:TVE) Is Due To Pay A Dividend Of CA$0.0127
Jul 18Tamarack Valley Energy (TSE:TVE) Will Pay A Dividend Of CA$0.0127
Jun 23Tamarack Valley Energy (TSE:TVE) Has Announced A Dividend Of CA$0.0127
Mar 20Tamarack Valley Energy (TSE:TVE) Is Due To Pay A Dividend Of CA$0.0127
Feb 17
Efficient Drilling In Clearwater May Reduce Costs, But High Debt Could Impact Future Earnings
Enhanced production in Clearwater boosts revenue potential, with efficient drilling and waterflood efforts reducing costs and improving long-term earnings.Tamarack Valley Energy (TSE:TVE) Has A Pretty Healthy Balance Sheet
Jan 22Tamarack Valley Energy (TSE:TVE) Is Paying Out A Dividend Of CA$0.0127
Dec 20We Think Tamarack Valley Energy's (TSE:TVE) Healthy Earnings Might Be Conservative
Nov 08Calculating The Fair Value Of Tamarack Valley Energy Ltd. (TSE:TVE)
Oct 17Tamarack Valley Energy's (TSE:TVE) Dividend Will Be CA$0.0125
Sep 21Is Tamarack Valley Energy (TSE:TVE) A Risky Investment?
Aug 18Tamarack Valley Energy (TSE:TVE) Will Pay A Dividend Of CA$0.0125
Aug 18Tamarack Valley Energy (TSE:TVE) Will Pay A Dividend Of CA$0.0125
Jul 22Tamarack Valley Energy's (TSE:TVE) Dividend Will Be CA$0.0125
Mar 18Financial Position Analysis
Short Term Liabilities: TVE's short term assets (CA$302.3M) exceed its short term liabilities (CA$252.5M).
Long Term Liabilities: TVE's short term assets (CA$302.3M) do not cover its long term liabilities (CA$1.4B).
Debt to Equity History and Analysis
Debt Level: TVE's net debt to equity ratio (39.4%) is considered satisfactory.
Reducing Debt: TVE's debt to equity ratio has reduced from 41.4% to 39.5% over the past 5 years.
Debt Coverage: TVE's debt is well covered by operating cash flow (111.2%).
Interest Coverage: TVE's interest payments on its debt are well covered by EBIT (5x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/12/03 02:34 |
| End of Day Share Price | 2025/12/02 00:00 |
| Earnings | 2025/09/30 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
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 Github.
Analyst Sources
Tamarack Valley Energy Ltd. is covered by 20 analysts. 3 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 |
|---|---|
| Trevor Reynolds | Acumen Capital Finance Partners Limited |
| Patrick O'Rourke | ATB Capital Markets |
| Jeremy McCrea | BMO Capital Markets Equity Research |