Condor Energies Balance Sheet Health
Financial Health criteria checks 3/6
Condor Energies has a total shareholder equity of CA$3.0M and total debt of CA$14.1M, which brings its debt-to-equity ratio to 475.2%. Its total assets and total liabilities are CA$53.8M and CA$50.9M respectively. Condor Energies's EBIT is CA$3.0M making its interest coverage ratio 73.8. It has cash and short-term investments of CA$12.5M.
Key information
475.2%
Debt to equity ratio
CA$14.09m
Debt
| Interest coverage ratio | 73.8x |
| Cash | CA$12.53m |
| Equity | CA$2.97m |
| Total liabilities | CA$50.87m |
| Total assets | CA$53.83m |
Recent financial health updates
Is Condor Energies (TSE:CDR) Using Too Much Debt?
Nov 15
Is Condor Energies (TSE:CDR) Using Too Much Debt?
Mar 08We're Keeping An Eye On Condor Energies' (TSE:CDR) Cash Burn Rate
Apr 04Here's Why We're A Bit Worried About Condor Petroleum's (TSE:CPI) Cash Burn Situation
Oct 23Recent updates
Condor Energies Inc.'s (TSE:CDR) Stock Retreats 25% But Revenues Haven't Escaped The Attention Of Investors
Dec 07Is Condor Energies (TSE:CDR) Using Too Much Debt?
Nov 15Investors Appear Satisfied With Condor Energies Inc.'s (TSE:CDR) Prospects As Shares Rocket 28%
Oct 17Why Investors Shouldn't Be Surprised By Condor Energies Inc.'s (TSE:CDR) 26% Share Price Surge
Aug 16Is Condor Energies (TSE:CDR) Using Too Much Debt?
Mar 08We're Keeping An Eye On Condor Energies' (TSE:CDR) Cash Burn Rate
Apr 04Here's Why We're A Bit Worried About Condor Petroleum's (TSE:CPI) Cash Burn Situation
Oct 23Here's What We Think About Condor Petroleum's (TSE:CPI) CEO Pay
Dec 05Financial Position Analysis
Short Term Liabilities: CDR's short term assets (CA$37.2M) exceed its short term liabilities (CA$29.5M).
Long Term Liabilities: CDR's short term assets (CA$37.2M) exceed its long term liabilities (CA$21.4M).
Debt to Equity History and Analysis
Debt Level: CDR's net debt to equity ratio (52.8%) is considered high.
Reducing Debt: CDR's debt to equity ratio has increased from 28.4% to 475.2% 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: CDR has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CDR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 15:51 |
| End of Day Share Price | 2024/12/23 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
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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
Condor Energies Inc. is covered by 6 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 |
|---|---|
| Stephane Guy Foucaud | Auctus Advisors LLP |
| David Dudlyke | Eight Capital |
| Siddharth Rajeev | Fundamental Research Corp. |