Enerplus Balance Sheet Health

Financial Health criteria checks 5/6

Enerplus has a total shareholder equity of $1.2B and total debt of $186.0M, which brings its debt-to-equity ratio to 15.2%. Its total assets and total liabilities are $2.1B and $841.1M respectively. Enerplus's EBIT is $580.8M making its interest coverage ratio 33. It has cash and short-term investments of $77.9M.

Key information

15.2%

Debt to equity ratio

US$186.03m

Debt

Interest coverage ratio33x
CashUS$77.93m
EquityUS$1.23b
Total liabilitiesUS$841.13m
Total assetsUS$2.07b

Recent financial health updates

Recent updates

Enerplus Corporation's (TSE:ERF) Earnings Are Not Doing Enough For Some Investors

Jan 19
Enerplus Corporation's (TSE:ERF) Earnings Are Not Doing Enough For Some Investors

Here's Why Enerplus (TSE:ERF) Can Manage Its Debt Responsibly

Jan 04
Here's Why Enerplus (TSE:ERF) Can Manage Its Debt Responsibly

Is There An Opportunity With Enerplus Corporation's (TSE:ERF) 48% Undervaluation?

Nov 25
Is There An Opportunity With Enerplus Corporation's (TSE:ERF) 48% Undervaluation?

Shareholders Would Enjoy A Repeat Of Enerplus' (TSE:ERF) Recent Growth In Returns

Nov 06
Shareholders Would Enjoy A Repeat Of Enerplus' (TSE:ERF) Recent Growth In Returns

Is Enerplus (TSE:ERF) A Risky Investment?

Sep 22
Is Enerplus (TSE:ERF) A Risky Investment?

Do Enerplus' (TSE:ERF) Earnings Warrant Your Attention?

Aug 09
Do Enerplus' (TSE:ERF) Earnings Warrant Your Attention?

A Look At The Intrinsic Value Of Enerplus Corporation (TSE:ERF)

Jul 25
A Look At The Intrinsic Value Of Enerplus Corporation (TSE:ERF)

Is Enerplus (TSE:ERF) A Risky Investment?

Jun 09
Is Enerplus (TSE:ERF) A Risky Investment?

The Compensation For Enerplus Corporation's (TSE:ERF) CEO Looks Deserved And Here's Why

Apr 28
The Compensation For Enerplus Corporation's (TSE:ERF) CEO Looks Deserved And Here's Why

We Ran A Stock Scan For Earnings Growth And Enerplus (TSE:ERF) Passed With Ease

Apr 14
We Ran A Stock Scan For Earnings Growth And Enerplus (TSE:ERF) Passed With Ease

Estimating The Intrinsic Value Of Enerplus Corporation (TSE:ERF)

Feb 02
Estimating The Intrinsic Value Of Enerplus Corporation (TSE:ERF)

Is Enerplus (TSE:ERF) Using Too Much Debt?

Nov 04
Is Enerplus (TSE:ERF) Using Too Much Debt?

Estimating The Intrinsic Value Of Enerplus Corporation (TSE:ERF)

Oct 12
Estimating The Intrinsic Value Of Enerplus Corporation (TSE:ERF)

Is Enerplus (TSE:ERF) A Risky Investment?

Aug 05
Is Enerplus (TSE:ERF) A Risky Investment?

Why We Like The Returns At Enerplus (TSE:ERF)

Jun 24
Why We Like The Returns At Enerplus (TSE:ERF)

Statutory Profit Doesn't Reflect How Good Enerplus' (TSE:ERF) Earnings Are

May 13
Statutory Profit Doesn't Reflect How Good Enerplus' (TSE:ERF) Earnings Are

The Trend Of High Returns At Enerplus (TSE:ERF) Has Us Very Interested

Mar 17
The Trend Of High Returns At Enerplus (TSE:ERF) Has Us Very Interested

Financial Position Analysis

Short Term Liabilities: ERF's short term assets ($383.3M) do not cover its short term liabilities ($478.4M).

Long Term Liabilities: ERF's short term assets ($383.3M) exceed its long term liabilities ($362.8M).


Debt to Equity History and Analysis

Debt Level: ERF's net debt to equity ratio (8.8%) is considered satisfactory.

Reducing Debt: ERF's debt to equity ratio has reduced from 34.8% to 15.2% over the past 5 years.

Debt Coverage: ERF's debt is well covered by operating cash flow (504.3%).

Interest Coverage: ERF's interest payments on its debt are well covered by EBIT (33x coverage).


Balance Sheet


Discover healthy companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.