Cardinal Energy Balance Sheet Health
Financial Health criteria checks 4/6
Cardinal Energy has a total shareholder equity of CA$918.4M and total debt of CA$69.1M, which brings its debt-to-equity ratio to 7.5%. Its total assets and total liabilities are CA$1.3B and CA$332.2M respectively. Cardinal Energy's EBIT is CA$149.5M making its interest coverage ratio 23.3. It has cash and short-term investments of CA$7.2M.
Key information
7.5%
Debt to equity ratio
CA$69.13m
Debt
| Interest coverage ratio | 23.3x |
| Cash | CA$7.22m |
| Equity | CA$918.40m |
| Total liabilities | CA$332.18m |
| Total assets | CA$1.25b |
Recent financial health updates
Recent updates
Returns On Capital Are Showing Encouraging Signs At Cardinal Energy (TSE:CJ)
Jul 17
We Think Cardinal Energy Ltd.'s (TSE:CJ) CEO Compensation Looks Fair
May 04Cardinal Energy (TSE:CJ) Will Pay A Dividend Of CA$0.06
Apr 25Investors Shouldn't Overlook Cardinal Energy's (TSE:CJ) Impressive Returns On Capital
Dec 06Need To Know: One Analyst Is Much More Bullish On Cardinal Energy Ltd. (TSE:CJ) Revenues
Oct 24Cardinal Energy (TSE:CJ) Is Paying Out A Dividend Of CA$0.06
Oct 15Cardinal Energy (TSE:CJ) Is Paying Out A Dividend Of CA$0.06
Sep 16Cardinal Energy (TSE:CJ) Has Announced A Dividend Of CA$0.06
Jul 26These 4 Measures Indicate That Cardinal Energy (TSE:CJ) Is Using Debt Reasonably Well
Jun 24We Like Cardinal Energy's (TSE:CJ) Returns And Here's How They're Trending
Apr 14A Look At The Fair Value Of Cardinal Energy Ltd. (TSE:CJ)
Dec 24Financial Position Analysis
Short Term Liabilities: CJ's short term assets (CA$61.3M) do not cover its short term liabilities (CA$122.0M).
Long Term Liabilities: CJ's short term assets (CA$61.3M) do not cover its long term liabilities (CA$210.2M).
Debt to Equity History and Analysis
Debt Level: CJ's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: CJ's debt to equity ratio has reduced from 31.2% to 7.5% over the past 5 years.
Debt Coverage: CJ's debt is well covered by operating cash flow (381.5%).
Interest Coverage: CJ's interest payments on its debt are well covered by EBIT (23.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/16 16:40 |
| End of Day Share Price | 2025/02/14 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Cardinal Energy Ltd. is covered by 19 analysts. 2 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 |
| Laique Ahmad Amir Arif | ATB Capital Markets |
| Randy Ollenberger | BMO Capital Markets Equity Research |