Ensign Energy Services Balance Sheet Health
Financial Health criteria checks 3/6
Ensign Energy Services has a total shareholder equity of CA$1.4B and total debt of CA$1.1B, which brings its debt-to-equity ratio to 76.8%. Its total assets and total liabilities are CA$2.9B and CA$1.5B respectively. Ensign Energy Services's EBIT is CA$82.5M making its interest coverage ratio 0.8. It has cash and short-term investments of CA$28.1M.
Key information
76.8%
Debt to equity ratio
CA$1.05b
Debt
| Interest coverage ratio | 0.8x |
| Cash | CA$28.11m |
| Equity | CA$1.37b |
| Total liabilities | CA$1.54b |
| Total assets | CA$2.91b |
Recent financial health updates
Is Ensign Energy Services (TSE:ESI) Using Too Much Debt?
Dec 15
We Think Ensign Energy Services (TSE:ESI) Is Taking Some Risk With Its Debt
Sep 01Ensign Energy Services (TSE:ESI) Has A Somewhat Strained Balance Sheet
May 03Is Ensign Energy Services (TSE:ESI) Using Too Much Debt?
May 18Recent updates
Ensign Energy Services Inc.'s (TSE:ESI) Stock Retreats 28% But Revenues Haven't Escaped The Attention Of Investors
Mar 11With EPS Growth And More, Ensign Energy Services (TSE:ESI) Makes An Interesting Case
Feb 07Why Investors Shouldn't Be Surprised By Ensign Energy Services Inc.'s (TSE:ESI) 26% Share Price Surge
Jan 07We Ran A Stock Scan For Earnings Growth And Ensign Energy Services (TSE:ESI) Passed With Ease
Nov 05Ensign Energy Services Inc.'s (TSE:ESI) Shares Not Telling The Full Story
Jul 16It Looks Like Shareholders Would Probably Approve Ensign Energy Services Inc.'s (TSE:ESI) CEO Compensation Package
Apr 27Does Ensign Energy Services (TSE:ESI) Deserve A Spot On Your Watchlist?
Apr 18The Return Trends At Ensign Energy Services (TSE:ESI) Look Promising
Mar 03Sentiment Still Eluding Ensign Energy Services Inc. (TSE:ESI)
Jan 27Is Ensign Energy Services (TSE:ESI) Using Too Much Debt?
Dec 15Ensign Energy Services' (TSE:ESI) Returns On Capital Are Heading Higher
Oct 05We Think Ensign Energy Services (TSE:ESI) Is Taking Some Risk With Its Debt
Sep 01Ensign Energy Services' (TSE:ESI) Returns On Capital Are Heading Higher
Jun 24Ensign Energy Services (TSE:ESI) Has A Somewhat Strained Balance Sheet
May 03Ensign Energy Services (TSE:ESI) Is Doing The Right Things To Multiply Its Share Price
Dec 07Is Ensign Energy Services (TSE:ESI) Using Too Much Debt?
May 18Financial Position Analysis
Short Term Liabilities: ESI's short term assets (CA$389.0M) do not cover its short term liabilities (CA$489.9M).
Long Term Liabilities: ESI's short term assets (CA$389.0M) do not cover its long term liabilities (CA$1.1B).
Debt to Equity History and Analysis
Debt Level: ESI's net debt to equity ratio (74.7%) is considered high.
Reducing Debt: ESI's debt to equity ratio has reduced from 107.7% to 76.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable ESI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ESI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 8.8% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/17 13:43 |
| End of Day Share Price | 2025/03/14 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
Analyst Sources
Ensign Energy Services Inc. is covered by 22 analysts. 6 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 |
| James West | Barclays |
| John Gibson | BMO Capital Markets Equity Research |