Central Petroleum Balance Sheet Health
Financial Health criteria checks 4/6
Central Petroleum has a total shareholder equity of A$32.6M and total debt of A$23.2M, which brings its debt-to-equity ratio to 71.2%. Its total assets and total liabilities are A$103.6M and A$71.1M respectively. Central Petroleum's EBIT is A$1.3M making its interest coverage ratio 0.6. It has cash and short-term investments of A$25.0M.
Key information
71.2%
Debt to equity ratio
AU$23.16m
Debt
| Interest coverage ratio | 0.6x |
| Cash | AU$24.99m |
| Equity | AU$32.56m |
| Total liabilities | AU$71.08m |
| Total assets | AU$103.64m |
Recent financial health updates
Here's Why Central Petroleum (ASX:CTP) Has A Meaningful Debt Burden
Jun 04
Is Central Petroleum (ASX:CTP) A Risky Investment?
Oct 31Central Petroleum (ASX:CTP) Has Debt But No Earnings; Should You Worry?
Apr 04These 4 Measures Indicate That Central Petroleum (ASX:CTP) Is Using Debt Extensively
Mar 28Recent updates
Central Petroleum Limited's (ASX:CTP) 25% Dip In Price Shows Sentiment Is Matching Revenues
Jun 19Here's Why Central Petroleum (ASX:CTP) Has A Meaningful Debt Burden
Jun 04Central Petroleum Limited's (ASX:CTP) Shares Bounce 35% But Its Business Still Trails The Industry
Apr 22Is Central Petroleum (ASX:CTP) A Risky Investment?
Oct 31Central Petroleum (ASX:CTP) Has Debt But No Earnings; Should You Worry?
Apr 04We Think Some Shareholders May Hesitate To Increase Central Petroleum Limited's (ASX:CTP) CEO Compensation
Nov 03Do Central Petroleum's (ASX:CTP) Earnings Warrant Your Attention?
May 17Shareholders May Be More Conservative With Central Petroleum Limited's (ASX:CTP) CEO Compensation For Now
Nov 03Calculating The Intrinsic Value Of Central Petroleum Limited (ASX:CTP)
May 09Central Petroleum Limited's (ASX:CTP) Business Is Yet to Catch Up With Its Share Price
Apr 18These 4 Measures Indicate That Central Petroleum (ASX:CTP) Is Using Debt Extensively
Mar 28Does Central Petroleum (ASX:CTP) Have The Makings Of A Multi-Bagger?
Mar 02The Central Petroleum (ASX:CTP) Share Price Has Gained 61% And Shareholders Are Hoping For More
Feb 09
Here's What We Think About Central Petroleum's (ASX:CTP) CEO Pay
Jan 11Are Central Petroleum's (ASX:CTP) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 15Will the Promising Trends At Central Petroleum (ASX:CTP) Continue?
Nov 19Financial Position Analysis
Short Term Liabilities: CTP's short term assets (A$34.2M) exceed its short term liabilities (A$18.2M).
Long Term Liabilities: CTP's short term assets (A$34.2M) do not cover its long term liabilities (A$52.9M).
Debt to Equity History and Analysis
Debt Level: CTP has more cash than its total debt.
Reducing Debt: CTP had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: CTP's debt is well covered by operating cash flow (29.6%).
Interest Coverage: CTP's interest payments on its debt are not well covered by EBIT (0.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 08:54 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
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 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
Central Petroleum Limited is covered by 4 analysts. 1 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 |
|---|---|
| Stuart Howe | Bell Potter |
| Peter Dupont | Edison Investment Research |
| Adrian Prendergast | Morgans Financial Limited |