Enerplus Balance Sheet Health
Financial Health criteria checks 4/6
Enerplus has a total shareholder equity of $1.2B and total debt of $174.1M, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are $2.0B and $792.5M respectively. Enerplus's EBIT is $485.5M making its interest coverage ratio 28.9. It has cash and short-term investments of $46.4M.
Key information
14.0%
Debt to equity ratio
US$174.10m
Debt
| Interest coverage ratio | 28.9x |
| Cash | US$46.41m |
| Equity | US$1.25b |
| Total liabilities | US$792.45m |
| Total assets | US$2.04b |
Recent financial health updates
These 4 Measures Indicate That Enerplus (TSE:ERF) Is Using Debt Reasonably Well
May 27
Here's Why Enerplus (TSE:ERF) Can Manage Its Debt Responsibly
Jan 04Is Enerplus (TSE:ERF) A Risky Investment?
Sep 22Is Enerplus (TSE:ERF) A Risky Investment?
Jun 09Is Enerplus (TSE:ERF) Using Too Much Debt?
Nov 04Recent updates
These 4 Measures Indicate That Enerplus (TSE:ERF) Is Using Debt Reasonably Well
May 27Enerplus Corporation (TSE:ERF) Shares Could Be 24% Below Their Intrinsic Value Estimate
May 08Enerplus Corporation's (TSE:ERF) Earnings Are Not Doing Enough For Some Investors
Jan 19Here's Why Enerplus (TSE:ERF) Can Manage Its Debt Responsibly
Jan 04Is There An Opportunity With Enerplus Corporation's (TSE:ERF) 48% Undervaluation?
Nov 25Shareholders Would Enjoy A Repeat Of Enerplus' (TSE:ERF) Recent Growth In Returns
Nov 06Is Enerplus (TSE:ERF) A Risky Investment?
Sep 22Do Enerplus' (TSE:ERF) Earnings Warrant Your Attention?
Aug 09A Look At The Intrinsic Value Of Enerplus Corporation (TSE:ERF)
Jul 25Is Enerplus (TSE:ERF) A Risky Investment?
Jun 09The Compensation For Enerplus Corporation's (TSE:ERF) CEO Looks Deserved And Here's Why
Apr 28We Ran A Stock Scan For Earnings Growth And Enerplus (TSE:ERF) Passed With Ease
Apr 14Estimating The Intrinsic Value Of Enerplus Corporation (TSE:ERF)
Feb 02Is Enerplus (TSE:ERF) Using Too Much Debt?
Nov 04Estimating The Intrinsic Value Of Enerplus Corporation (TSE:ERF)
Oct 12Financial Position Analysis
Short Term Liabilities: ERF's short term assets ($314.7M) do not cover its short term liabilities ($449.6M).
Long Term Liabilities: ERF's short term assets ($314.7M) do not cover its long term liabilities ($342.9M).
Debt to Equity History and Analysis
Debt Level: ERF's net debt to equity ratio (10.2%) is considered satisfactory.
Reducing Debt: ERF's debt to equity ratio has reduced from 34.8% to 14% over the past 5 years.
Debt Coverage: ERF's debt is well covered by operating cash flow (474.1%).
Interest Coverage: ERF's interest payments on its debt are well covered by EBIT (28.9x coverage).