Baytex Energy Balance Sheet Health
Financial Health criteria checks 3/6
Baytex Energy has a total shareholder equity of CA$3.8B and total debt of CA$2.4B, which brings its debt-to-equity ratio to 63%. Its total assets and total liabilities are CA$7.5B and CA$3.6B respectively.
Key information
63.0%
Debt to equity ratio
CA$2.41b
Debt
| Interest coverage ratio | n/a |
| Cash | CA$55.82m |
| Equity | CA$3.83b |
| Total liabilities | CA$3.64b |
| Total assets | CA$7.46b |
Recent financial health updates
Is Baytex Energy (TSE:BTE) A Risky Investment?
Nov 29
We Think Baytex Energy (TSE:BTE) Is Taking Some Risk With Its Debt
Aug 31Baytex Energy (TSE:BTE) Takes On Some Risk With Its Use Of Debt
Apr 08Here's Why Baytex Energy (TSE:BTE) Can Manage Its Debt Responsibly
Dec 06Is Baytex Energy (TSE:BTE) A Risky Investment?
May 26Recent updates
Market Might Still Lack Some Conviction On Baytex Energy Corp. (TSE:BTE) Even After 25% Share Price Boost
Apr 11Baytex Energy Corp. (TSE:BTE) Looks Inexpensive But Perhaps Not Attractive Enough
Dec 28Is Baytex Energy (TSE:BTE) A Risky Investment?
Nov 29Baytex Energy Corp.'s (TSE:BTE) Intrinsic Value Is Potentially 63% Above Its Share Price
Nov 08We Think Baytex Energy (TSE:BTE) Is Taking Some Risk With Its Debt
Aug 31Baytex Energy (TSE:BTE) Takes On Some Risk With Its Use Of Debt
Apr 08New Forecasts: Here's What Analysts Think The Future Holds For Baytex Energy Corp. (TSE:BTE)
Mar 03Are Baytex Energy Corp. (TSE:BTE) Investors Paying Above The Intrinsic Value?
Dec 27Here's Why Baytex Energy (TSE:BTE) Can Manage Its Debt Responsibly
Dec 06Is There An Opportunity With Baytex Energy Corp.'s (TSE:BTE) 48% Undervaluation?
Aug 15Here's Why Baytex Energy (TSE:BTE) Has Caught The Eye Of Investors
Jun 22Is Baytex Energy (TSE:BTE) A Risky Investment?
May 26Financial Position Analysis
Short Term Liabilities: BTE's short term assets (CA$440.0M) do not cover its short term liabilities (CA$558.0M).
Long Term Liabilities: BTE's short term assets (CA$440.0M) do not cover its long term liabilities (CA$3.1B).
Debt to Equity History and Analysis
Debt Level: BTE's net debt to equity ratio (61.6%) is considered high.
Reducing Debt: BTE's debt to equity ratio has reduced from 68.9% to 63% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable BTE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BTE is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 25.3% per year.