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 ratio | 31.2x |
| Cash | US$170.40m |
| Equity | US$914.00m |
| Total liabilities | US$1.02b |
| Total assets | US$1.93b |
Recent financial health updates
Is Karoon Energy (ASX:KAR) Using Too Much Debt?
Sep 28
Does Karoon Energy (ASX:KAR) Have A Healthy Balance Sheet?
Apr 04Here's Why Karoon Energy (ASX:KAR) Has A Meaningful Debt Burden
Sep 30Is Karoon Energy (ASX:KAR) Using Too Much Debt?
Apr 19Recent updates
Here's Why We Think Karoon Energy (ASX:KAR) Might Deserve Your Attention Today
Jul 04Earnings Working Against Karoon Energy Ltd's (ASX:KAR) Share Price
Jun 04Is Now The Time To Put Karoon Energy (ASX:KAR) On Your Watchlist?
Mar 05Investors Don't See Light At End Of Karoon Energy Ltd's (ASX:KAR) Tunnel
Jan 18We Think Some Shareholders May Hesitate To Increase Karoon Energy Ltd's (ASX:KAR) CEO Compensation
Nov 17Investors Shouldn't Overlook Karoon Energy's (ASX:KAR) Impressive Returns On Capital
Nov 16Is Karoon Energy (ASX:KAR) Using Too Much Debt?
Sep 28Karoon Energy Ltd (ASX:KAR) Just Released Its Full-Year Earnings: Here's What Analysts Think
Aug 25Little Excitement Around Karoon Energy Ltd's (ASX:KAR) Revenues
Jul 17Does Karoon Energy (ASX:KAR) Have A Healthy Balance Sheet?
Apr 04Here's Why Karoon Energy (ASX:KAR) Has A Meaningful Debt Burden
Sep 30We Like These Underlying Return On Capital Trends At Karoon Energy (ASX:KAR)
Jul 22Is Karoon Energy (ASX:KAR) Using Too Much Debt?
Apr 19We Like These Underlying Return On Capital Trends At Karoon Energy (ASX:KAR)
Feb 28Financial 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).