Birchcliff Energy Balance Sheet Health
Financial Health criteria checks 4/6
Birchcliff Energy has a total shareholder equity of CA$2.2B and total debt of CA$489.4M, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are CA$3.3B and CA$1.2B respectively. Birchcliff Energy's EBIT is CA$65.6M making its interest coverage ratio 1.7. It has cash and short-term investments of CA$82.0K.
Key information
22.4%
Debt to equity ratio
CA$489.41m
Debt
| Interest coverage ratio | 1.7x |
| Cash | CA$82.00k |
| Equity | CA$2.18b |
| Total liabilities | CA$1.17b |
| Total assets | CA$3.35b |
Recent financial health updates
Birchcliff Energy (TSE:BIR) Has A Somewhat Strained Balance Sheet
Sep 07
We Think Birchcliff Energy (TSE:BIR) Is Taking Some Risk With Its Debt
May 09Is Birchcliff Energy (TSE:BIR) A Risky Investment?
Nov 11Here's Why Birchcliff Energy (TSE:BIR) Can Manage Its Debt Responsibly
Aug 04Birchcliff Energy (TSE:BIR) Has A Pretty Healthy Balance Sheet
Mar 06Does Birchcliff Energy (TSE:BIR) Have A Healthy Balance Sheet?
Oct 06Recent updates
Return Trends At Birchcliff Energy (TSE:BIR) Aren't Appealing
Nov 29Investors Still Waiting For A Pull Back In Birchcliff Energy Ltd. (TSE:BIR)
Oct 04Birchcliff Energy (TSE:BIR) Has A Somewhat Strained Balance Sheet
Sep 07Here's What's Concerning About Birchcliff Energy's (TSE:BIR) Returns On Capital
Jun 01We Think Birchcliff Energy (TSE:BIR) Is Taking Some Risk With Its Debt
May 09Birchcliff Energy's (TSE:BIR) Dividend Will Be Reduced To CA$0.10
Feb 22The Returns At Birchcliff Energy (TSE:BIR) Aren't Growing
Feb 09Birchcliff Energy Ltd.'s (TSE:BIR) Business Is Trailing The Industry But Its Shares Aren't
Dec 20Is Birchcliff Energy (TSE:BIR) A Risky Investment?
Nov 11Investors Will Want Birchcliff Energy's (TSE:BIR) Growth In ROCE To Persist
Oct 24A Look At The Intrinsic Value Of Birchcliff Energy Ltd. (TSE:BIR)
Aug 25Here's Why Birchcliff Energy (TSE:BIR) Can Manage Its Debt Responsibly
Aug 04Birchcliff Energy (TSE:BIR) Is Achieving High Returns On Its Capital
Jul 15Birchcliff Energy (TSE:BIR) Ticks All The Boxes When It Comes To Earnings Growth
May 28Some Analysts Just Cut Their Birchcliff Energy Ltd. (TSE:BIR) Estimates
May 13Birchcliff Energy Ltd.'s (TSE:BIR) Intrinsic Value Is Potentially 71% Above Its Share Price
Apr 27Returns On Capital Are A Standout For Birchcliff Energy (TSE:BIR)
Mar 28Birchcliff Energy (TSE:BIR) Has A Pretty Healthy Balance Sheet
Mar 06Birchcliff Energy (TSE:BIR) Will Pay A Larger Dividend Than Last Year At CA$0.20
Feb 17Birchcliff Energy (TSE:BIR) Has Announced That It Will Be Increasing Its Dividend To CA$0.20
Jan 26We Ran A Stock Scan For Earnings Growth And Birchcliff Energy (TSE:BIR) Passed With Ease
Jan 08Investors Shouldn't Overlook Birchcliff Energy's (TSE:BIR) Impressive Returns On Capital
Dec 06Does Birchcliff Energy (TSE:BIR) Have A Healthy Balance Sheet?
Oct 06Financial Position Analysis
Short Term Liabilities: BIR's short term assets (CA$117.0M) exceed its short term liabilities (CA$116.2M).
Long Term Liabilities: BIR's short term assets (CA$117.0M) do not cover its long term liabilities (CA$1.1B).
Debt to Equity History and Analysis
Debt Level: BIR's net debt to equity ratio (22.4%) is considered satisfactory.
Reducing Debt: BIR's debt to equity ratio has reduced from 40% to 22.4% over the past 5 years.
Debt Coverage: BIR's debt is well covered by operating cash flow (48.4%).
Interest Coverage: BIR's interest payments on its debt are not well covered by EBIT (1.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 21:21 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
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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
Birchcliff Energy Ltd. is covered by 28 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 |
|---|---|
| Patrick O'Rourke | ATB Capital Markets |
| Randy Ollenberger | BMO Capital Markets Equity Research |
| Michael Mueller | Canaccord Genuity |