Bonterra Energy Balance Sheet Health
Financial Health criteria checks 4/6
Bonterra Energy has a total shareholder equity of CA$528.3M and total debt of CA$139.4M, which brings its debt-to-equity ratio to 26.4%. Its total assets and total liabilities are CA$967.9M and CA$439.6M respectively. Bonterra Energy's EBIT is CA$82.6M making its interest coverage ratio 3.4. It has cash and short-term investments of CA$1.6M.
Key information
26.4%
Debt to equity ratio
CA$139.43m
Debt
| Interest coverage ratio | 3.4x |
| Cash | CA$1.63m |
| Equity | CA$528.26m |
| Total liabilities | CA$439.61m |
| Total assets | CA$967.87m |
Recent financial health updates
Bonterra Energy (TSE:BNE) Has A Somewhat Strained Balance Sheet
Mar 06
Bonterra Energy (TSE:BNE) Takes On Some Risk With Its Use Of Debt
Oct 06Does Bonterra Energy (TSE:BNE) Have A Healthy Balance Sheet?
Jul 01Is Bonterra Energy (TSE:BNE) Using Too Much Debt?
Mar 16Does Bonterra Energy (TSE:BNE) Have A Healthy Balance Sheet?
Dec 07These 4 Measures Indicate That Bonterra Energy (TSE:BNE) Is Using Debt In A Risky Way
Sep 08Recent updates
Bonterra Energy (TSE:BNE) Has A Somewhat Strained Balance Sheet
Mar 06Benign Growth For Bonterra Energy Corp. (TSE:BNE) Underpins Its Share Price
Feb 06Bonterra Energy (TSE:BNE) Takes On Some Risk With Its Use Of Debt
Oct 06Bonterra Energy (TSE:BNE) Is Experiencing Growth In Returns On Capital
Sep 05Does Bonterra Energy (TSE:BNE) Have A Healthy Balance Sheet?
Jul 01Returns At Bonterra Energy (TSE:BNE) Are On The Way Up
Jun 01Is Bonterra Energy (TSE:BNE) Using Too Much Debt?
Mar 16Returns Are Gaining Momentum At Bonterra Energy (TSE:BNE)
Jan 05Does Bonterra Energy (TSE:BNE) Have A Healthy Balance Sheet?
Dec 07Bonterra Energy (TSE:BNE) Is Looking To Continue Growing Its Returns On Capital
Oct 04These 4 Measures Indicate That Bonterra Energy (TSE:BNE) Is Using Debt In A Risky Way
Sep 08Health Check: How Prudently Does Bonterra Energy (TSE:BNE) Use Debt?
Jan 12Financial Position Analysis
Short Term Liabilities: BNE's short term assets (CA$37.2M) do not cover its short term liabilities (CA$57.1M).
Long Term Liabilities: BNE's short term assets (CA$37.2M) do not cover its long term liabilities (CA$382.5M).
Debt to Equity History and Analysis
Debt Level: BNE's net debt to equity ratio (26.1%) is considered satisfactory.
Reducing Debt: BNE's debt to equity ratio has reduced from 66.3% to 26.4% over the past 5 years.
Debt Coverage: BNE's debt is well covered by operating cash flow (100.5%).
Interest Coverage: BNE's interest payments on its debt are well covered by EBIT (3.4x coverage).