Calfrac Well Services Balance Sheet Health
Financial Health criteria checks 4/6
Calfrac Well Services has a total shareholder equity of CA$643.8M and total debt of CA$350.0M, which brings its debt-to-equity ratio to 54.4%. Its total assets and total liabilities are CA$1.3B and CA$653.7M respectively. Calfrac Well Services's EBIT is CA$84.3M making its interest coverage ratio 2.8. It has cash and short-term investments of CA$17.7M.
Key information
54.4%
Debt to equity ratio
CA$349.96m
Debt
| Interest coverage ratio | 2.8x |
| Cash | CA$17.68m |
| Equity | CA$643.78m |
| Total liabilities | CA$653.68m |
| Total assets | CA$1.30b |
Recent financial health updates
Calfrac Well Services (TSE:CFW) Seems To Use Debt Quite Sensibly
Mar 15
Does Calfrac Well Services (TSE:CFW) Have A Healthy Balance Sheet?
May 11Recent updates
We Believe That Calfrac Well Services' (TSE:CFW) Weak Earnings Are A Good Indicator Of Underlying Profitability
Aug 09Here's Why We Think Calfrac Well Services (TSE:CFW) Is Well Worth Watching
May 01Calfrac Well Services (TSE:CFW) Seems To Use Debt Quite Sensibly
Mar 15Investors Holding Back On Calfrac Well Services Ltd. (TSE:CFW)
Jan 25Returns On Capital Are A Standout For Calfrac Well Services (TSE:CFW)
Nov 11Is Calfrac Well Services Ltd. (TSE:CFW) Trading At A 42% Discount?
Aug 17Does Calfrac Well Services (TSE:CFW) Have A Healthy Balance Sheet?
May 11Why Calfrac Well Services' (TSE:CFW) Shaky Earnings Are Just The Beginning Of Its Problems
Nov 09Financial Position Analysis
Short Term Liabilities: CFW's short term assets (CA$581.8M) exceed its short term liabilities (CA$261.2M).
Long Term Liabilities: CFW's short term assets (CA$581.8M) exceed its long term liabilities (CA$392.5M).
Debt to Equity History and Analysis
Debt Level: CFW's net debt to equity ratio (51.6%) is considered high.
Reducing Debt: CFW's debt to equity ratio has reduced from 234% to 54.4% over the past 5 years.
Debt Coverage: CFW's debt is well covered by operating cash flow (46.9%).
Interest Coverage: CFW's interest payments on its debt are not well covered by EBIT (2.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 04:13 |
| 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
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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
Calfrac Well Services Ltd. is covered by 27 analysts. 3 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 |
|---|---|
| Waqar Syed | ATB Capital Markets |
| Sean Meakim | Barclays |
| Michael Mazar | BMO Capital Markets Equity Research |