Essential Energy Services Balance Sheet Health
Financial Health criteria checks 5/6
Essential Energy Services has a total shareholder equity of CA$111.9M and total debt of CA$6.3M, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are CA$146.6M and CA$34.7M respectively.
Key information
5.6%
Debt to equity ratio
CA$6.25m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.15m |
| Equity | CA$111.88m |
| Total liabilities | CA$34.68m |
| Total assets | CA$146.56m |
Recent financial health updates
Recent updates
Essential Energy Services (TSE:ESN) Is Carrying A Fair Bit Of Debt
Sep 16
Essential Energy Services Ltd. (TSE:ESN) Might Not Be As Mispriced As It Looks
Aug 09Essential Energy Services' (TSE:ESN) Returns On Capital Are Heading Higher
May 11Is Essential Energy Services Ltd. (TSE:ESN) Trading At A 43% Discount?
Feb 04Estimating The Intrinsic Value Of Essential Energy Services Ltd. (TSE:ESN)
Aug 25Should Shareholders Reconsider Essential Energy Services Ltd.'s (TSE:ESN) CEO Compensation Package?
May 11Financial Position Analysis
Short Term Liabilities: ESN's short term assets (CA$65.7M) exceed its short term liabilities (CA$19.2M).
Long Term Liabilities: ESN's short term assets (CA$65.7M) exceed its long term liabilities (CA$15.5M).
Debt to Equity History and Analysis
Debt Level: ESN's net debt to equity ratio (3.7%) is considered satisfactory.
Reducing Debt: ESN's debt to equity ratio has reduced from 11.7% to 5.6% over the past 5 years.
Debt Coverage: ESN's debt is well covered by operating cash flow (214.9%).
Interest Coverage: Insufficient data to determine if ESN's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/11/13 02:20 |
| End of Day Share Price | 2023/11/10 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
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 here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Essential Energy Services Ltd. is covered by 16 analysts. 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 |
|---|---|
| Tim Monachello | ATB Capital Markets |
| Anthony Petrucci | Canaccord Genuity |
| Jon Morrison | CIBC Capital Markets |