Karoon Energy Ltd

ASX:KAR Stock Report

Market Cap: AU$1.0b

Karoon Energy Balance Sheet Health

Financial Health criteria checks 4/6

Karoon Energy has a total shareholder equity of $914.0M and total debt of $264.5M, which brings its debt-to-equity ratio to 28.9%. Its total assets and total liabilities are $1.9B and $1.0B respectively. Karoon Energy's EBIT is $424.6M making its interest coverage ratio 31.2. It has cash and short-term investments of $170.4M.

Key information

28.9%

Debt to equity ratio

US$264.50m

Debt

Interest coverage ratio31.2x
CashUS$170.40m
EquityUS$914.00m
Total liabilitiesUS$1.02b
Total assetsUS$1.93b

Recent financial health updates

Is Karoon Energy (ASX:KAR) Using Too Much Debt?

Sep 28
Is Karoon Energy (ASX:KAR) Using Too Much Debt?

Does Karoon Energy (ASX:KAR) Have A Healthy Balance Sheet?

Apr 04
Does Karoon Energy (ASX:KAR) Have A Healthy Balance Sheet?

Here's Why Karoon Energy (ASX:KAR) Has A Meaningful Debt Burden

Sep 30
Here's Why Karoon Energy (ASX:KAR) Has A Meaningful Debt Burden

Is Karoon Energy (ASX:KAR) Using Too Much Debt?

Apr 19
Is Karoon Energy (ASX:KAR) Using Too Much Debt?

Recent updates

Here's Why We Think Karoon Energy (ASX:KAR) Might Deserve Your Attention Today

Jul 04
Here's Why We Think Karoon Energy (ASX:KAR) Might Deserve Your Attention Today

Earnings Working Against Karoon Energy Ltd's (ASX:KAR) Share Price

Jun 04
Earnings Working Against Karoon Energy Ltd's (ASX:KAR) Share Price

Is Now The Time To Put Karoon Energy (ASX:KAR) On Your Watchlist?

Mar 05
Is Now The Time To Put Karoon Energy (ASX:KAR) On Your Watchlist?

Investors Don't See Light At End Of Karoon Energy Ltd's (ASX:KAR) Tunnel

Jan 18
Investors Don't See Light At End Of Karoon Energy Ltd's (ASX:KAR) Tunnel

We Think Some Shareholders May Hesitate To Increase Karoon Energy Ltd's (ASX:KAR) CEO Compensation

Nov 17
We Think Some Shareholders May Hesitate To Increase Karoon Energy Ltd's (ASX:KAR) CEO Compensation

Investors Shouldn't Overlook Karoon Energy's (ASX:KAR) Impressive Returns On Capital

Nov 16
Investors Shouldn't Overlook Karoon Energy's (ASX:KAR) Impressive Returns On Capital

Is Karoon Energy (ASX:KAR) Using Too Much Debt?

Sep 28
Is Karoon Energy (ASX:KAR) Using Too Much Debt?

Karoon Energy Ltd (ASX:KAR) Just Released Its Full-Year Earnings: Here's What Analysts Think

Aug 25
Karoon Energy Ltd (ASX:KAR) Just Released Its Full-Year Earnings: Here's What Analysts Think

Little Excitement Around Karoon Energy Ltd's (ASX:KAR) Revenues

Jul 17
Little Excitement Around Karoon Energy Ltd's (ASX:KAR) Revenues

Does Karoon Energy (ASX:KAR) Have A Healthy Balance Sheet?

Apr 04
Does Karoon Energy (ASX:KAR) Have A Healthy Balance Sheet?

Here's Why Karoon Energy (ASX:KAR) Has A Meaningful Debt Burden

Sep 30
Here's Why Karoon Energy (ASX:KAR) Has A Meaningful Debt Burden

We Like These Underlying Return On Capital Trends At Karoon Energy (ASX:KAR)

Jul 22
We Like These Underlying Return On Capital Trends At Karoon Energy (ASX:KAR)

Is Karoon Energy (ASX:KAR) Using Too Much Debt?

Apr 19
Is Karoon Energy (ASX:KAR) Using Too Much Debt?

Financial Position Analysis

Short Term Liabilities: KAR's short term assets ($252.3M) exceed its short term liabilities ($220.1M).

Long Term Liabilities: KAR's short term assets ($252.3M) do not cover its long term liabilities ($798.4M).

Debt to Equity History and Analysis

Debt Level: KAR's net debt to equity ratio (10.3%) is considered satisfactory.

Reducing Debt: KAR's debt to equity ratio has increased from 0% to 28.9% over the past 5 years.

Debt Coverage: KAR's debt is well covered by operating cash flow (229.4%).

Interest Coverage: KAR's interest payments on its debt are well covered by EBIT (31.2x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 02:47
End of Day Share Price 2024/12/27 00:00
Earnings2023/12/31
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Karoon Energy Ltd is covered by 24 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Scott AshtonAPP Securities Pty Ltd.
Russell WrightBarclay Pearce Capital Pty Limited
Dale KoendersBarrenjoey Markets Pty Limited