Cue Energy Resources Balance Sheet Health

Financial Health criteria checks 5/6

Cue Energy Resources has a total shareholder equity of A$72.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$122.6M and A$49.8M respectively. Cue Energy Resources's EBIT is A$25.5M making its interest coverage ratio 27.8. It has cash and short-term investments of A$23.2M.

Key information

Debt to equity ratio

AU$0

Debt

Interest coverage ratio	27.8x
Cash	AU$23.17m
Equity	AU$72.75m
Total liabilities	AU$49.82m
Total assets	AU$122.57m

Recent financial health updates

Does Cue Energy Resources (ASX:CUE) Have A Healthy Balance Sheet?

Sep 20

Does Cue Energy Resources (ASX:CUE) Have A Healthy Balance Sheet?

Mar 17

Recent updates

Cue Energy Resources Limited's (ASX:CUE) Shares Bounce 49% But Its Business Still Trails The Market

Mar 02

Does Cue Energy Resources (ASX:CUE) Have A Healthy Balance Sheet?

Sep 20

Does Cue Energy Resources (ASX:CUE) Have A Healthy Balance Sheet?

Mar 17

Shareholders May Be Wary Of Increasing Cue Energy Resources Limited's (ASX:CUE) CEO Compensation Package

Oct 21

Will The ROCE Trend At Cue Energy Resources (ASX:CUE) Continue?

Feb 08

Are Cue Energy Resources's (ASX:CUE) Statutory Earnings A Good Guide To Its Underlying Profitability?

Jan 13

Cue Energy Resources Limited's (ASX:CUE) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

Dec 18

How Does Cue Energy Resources' (ASX:CUE) CEO Salary Compare to Peers?

Nov 26

Financial Position Analysis

Short Term Liabilities: CUE's short term assets (A$37.0M) exceed its short term liabilities (A$8.3M).

Long Term Liabilities: CUE's short term assets (A$37.0M) do not cover its long term liabilities (A$41.5M).

Debt to Equity History and Analysis

Debt Level: CUE is debt free.

Reducing Debt: CUE had no debt 5 years ago.

Debt Coverage: CUE has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: CUE has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

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Cue Energy Resources Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Does Cue Energy Resources (ASX:CUE) Have A Healthy Balance Sheet?

Does Cue Energy Resources (ASX:CUE) Have A Healthy Balance Sheet?

Cue Energy Resources Ordinary Shares Deleted from Other OTC

Recent updates

Cue Energy Resources Limited's (ASX:CUE) Shares Bounce 49% But Its Business Still Trails The Market

New major risk - Share price stability

Cue Energy Resources Limited Introduces Dividend Policy

Cue Energy Resources Limited Announces Change of Company Secretary

Cue Energy Resources Limited, Annual General Meeting, Oct 31, 2023

Does Cue Energy Resources (ASX:CUE) Have A Healthy Balance Sheet?

Less than half of directors are independent

Cue Energy Resources Limited Provides Update on the BA-01 Exploration Well in the Mahato PSC, Indonesia

Cue Energy Resources Limited Provides Update That Mn1 Oil Production Well in the Maari/Manaia Field, Located Offshore New Zealand

Cue Energy Resources Limited Announces Oil Production Well Pb-20 in the Mahato Production Sharing Contract

Does Cue Energy Resources (ASX:CUE) Have A Healthy Balance Sheet?

First half 2023 earnings released: EPS: AU$0.01 (vs AU$0.012 in 1H 2022)

Cue Energy Resources Limited Announces Exploration Drilling in Mahato PSC

Cue Energy Resources Limited Announces Successful Completion of Mahato Pb-19 Well

Cue Energy Resources Limited Announces Gas Production Commences from Pv-12

Less than half of directors are independent

Full year 2022 earnings released: EPS: AU$0.023 (vs AU$0.018 loss in FY 2021)

Cue Energy Resources Limited, Annual General Meeting, Oct 27, 2022

Cue Energy Resources Limited Provides Update Oil Production Well PB-17 in the Mahato Production Sharing Contract

Central Petroleum Limited and Its Joint Venture Partners New Zealand Oil & Gas Limited and Cue Energy Resources Limited Provides Palm Valley-12 Drilling Update

New Zealand Oil & Gas Limited and Cue Energy Resources Limited Provides Update on Palm Valley-12 Drilling

Cue Energy Resources Provides Update on Oil Production Well PB-18 in the Mahato PSC, Indonesia

Cue Energy Resources Limited Provides Update on Additional 12 Oil Production Wells Will Be Drilled in the PB Oil Field, Mahato PSC

Cue Energy Resources Limited and New Zealand Oil & Gas Limited Palm Valley-12 Weekly Drilling Update

Less than half of directors are independent

Central Petroleum Limited Announces Palm Valley-12 Weekly Drilling Update

Cue Energy Resources Reviews Reserves and Recoverable Volumes in the Mahato PSC as of January 1, 2022

First half 2022 earnings: EPS and revenues miss analyst expectations

Cue Energy Resources Provides an Update on Oil Production Well PB-08 in the Mahato PSC, Indonesia

Cue Energy Resources Limited Announces Planning Continues for the First Quarter 2022 Palm Valley and Dingo Exploration Well Drilling Program

Cue Energy Resources Limited Provides an Update on Oil Production Well PB-07 in the Mahato PSC, Indonesia

Shareholders May Be Wary Of Increasing Cue Energy Resources Limited's (ASX:CUE) CEO Compensation Package

Cue Energy Resources Ordinary Shares Deleted from Other OTC

Full year 2021 earnings released: AU$0.018 loss per share (vs AU$0.002 profit in FY 2020)

Cue Energy Resources Limited and New Zealand Oil & Gas Receives No Objection Notice from the Australian Foreign Investment Review Board

New Zealand Oil & Gas Limited (NZSE:NZO) and Cue Energy Resources Limited (ASX:CUE) entered in an agreement to acquire 3 Producing Onshore Australia Assets from Central Petroleum Limited (ASX:CTP) for $29 million.

First half 2021 earnings released: AU$0.021 loss per share (vs AU$0.002 profit in 1H 2020)

Will The ROCE Trend At Cue Energy Resources (ASX:CUE) Continue?

Cue Energy Resources Limited Commences Oil Production from Mahato PSC

Are Cue Energy Resources's (ASX:CUE) Statutory Earnings A Good Guide To Its Underlying Profitability?

New 90-day high: AU$0.21

Cue Energy Resources Limited's (ASX:CUE) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

How Does Cue Energy Resources' (ASX:CUE) CEO Salary Compare to Peers?

Cue Energy Resources Limited Ironbark-1 Rig Mobilisation

Cue Energy Resources Ltd and Cue Resources Inc. Announce US Litigation Conclusion

Cue Energy Resources Limited Announces Positive Results for Its Ironbark-1 Well

Full year earnings released - EPS AU$0.0019

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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