Canacol Energy Balance Sheet Health
Financial Health criteria checks 0/6
Canacol Energy has a total shareholder equity of $351.7M and total debt of $663.0M, which brings its debt-to-equity ratio to 188.5%. Its total assets and total liabilities are $1.2B and $881.8M respectively. Canacol Energy's EBIT is $140.9M making its interest coverage ratio 2.7. It has cash and short-term investments of $39.4M.
Key information
188.5%
Debt to equity ratio
US$663.00m
Debt
| Interest coverage ratio | 2.7x |
| Cash | US$39.43m |
| Equity | US$351.67m |
| Total liabilities | US$881.75m |
| Total assets | US$1.23b |
Recent financial health updates
Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Canacol Energy (TSE:CNE)
Mar 28
Canacol Energy (TSE:CNE) Might Have The Makings Of A Multi-Bagger
Mar 23Investors Don't See Light At End Of Canacol Energy Ltd's (TSE:CNE) Tunnel And Push Stock Down 27%
Feb 15Calculating The Intrinsic Value Of Canacol Energy Ltd (TSE:CNE)
Dec 24Canacol Energy (TSE:CNE) Is Looking To Continue Growing Its Returns On Capital
Jan 12Here's Why Canacol Energy (TSE:CNE) Has A Meaningful Debt Burden
Dec 21Canacol Energy (TSE:CNE) Is Due To Pay A Dividend Of $0.052
Sep 23Canacol Energy's (TSE:CNE) Dividend Will Be CA$0.052
Jun 24Canacol Energy Ltd Just Missed EPS By 48%: Here's What Analysts Think Will Happen Next
Mar 21Canacol Energy (TSE:CNE) Is Due To Pay A Dividend Of CA$0.052
Dec 19Financial Position Analysis
Short Term Liabilities: CNE's short term assets ($151.6M) do not cover its short term liabilities ($164.9M).
Long Term Liabilities: CNE's short term assets ($151.6M) do not cover its long term liabilities ($716.9M).
Debt to Equity History and Analysis
Debt Level: CNE's net debt to equity ratio (177.3%) is considered high.
Reducing Debt: CNE's debt to equity ratio has increased from 165.3% to 188.5% over the past 5 years.
Debt Coverage: CNE's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: CNE's interest payments on its debt are not well covered by EBIT (2.7x coverage).