Frontera Energy Balance Sheet Health
Financial Health criteria checks 4/6
Frontera Energy has a total shareholder equity of $1.8B and total debt of $518.9M, which brings its debt-to-equity ratio to 28.3%. Its total assets and total liabilities are $3.0B and $1.2B respectively. Frontera Energy's EBIT is $194.7M making its interest coverage ratio 4.9. It has cash and short-term investments of $159.7M.
Key information
28.3%
Debt to equity ratio
US$518.88m
Debt
| Interest coverage ratio | 4.9x |
| Cash | US$159.67m |
| Equity | US$1.83b |
| Total liabilities | US$1.18b |
| Total assets | US$3.02b |
Recent financial health updates
Does Frontera Energy (TSE:FEC) Have A Healthy Balance Sheet?
Oct 05
Does Frontera Energy (TSE:FEC) Have A Healthy Balance Sheet?
Jun 14Is Frontera Energy (TSE:FEC) Using Too Much Debt?
Feb 28Is Frontera Energy (TSE:FEC) Weighed On By Its Debt Load?
Nov 09Does Frontera Energy (TSE:FEC) Have A Healthy Balance Sheet?
May 06Frontera Energy (TSE:FEC) Has Debt But No Earnings; Should You Worry?
Jan 25
Recent updates
Frontera Energy's (TSE:FEC) Conservative Accounting Might Explain Soft Earnings
Mar 16Frontera Energy (TSE:FEC) Is Achieving High Returns On Its Capital
Nov 10The Trend Of High Returns At Frontera Energy (TSE:FEC) Has Us Very Interested
Jun 05Does Frontera Energy (TSE:FEC) Have A Healthy Balance Sheet?
Oct 05Does Frontera Energy (TSE:FEC) Have A Healthy Balance Sheet?
Jun 14Is Frontera Energy (TSE:FEC) Using Too Much Debt?
Feb 28Is Frontera Energy (TSE:FEC) Weighed On By Its Debt Load?
Nov 09Does Frontera Energy (TSE:FEC) Have A Healthy Balance Sheet?
May 06If You Had Bought Frontera Energy's (TSE:FEC) Shares Three Years Ago You Would Be Down 69%
Feb 25Frontera Energy (TSE:FEC) Has Debt But No Earnings; Should You Worry?
Jan 25What You Need To Know About Frontera Energy Corporation's (TSE:FEC) Investor Composition
Dec 21Reflecting on Frontera Energy's (TSE:FEC) Share Price Returns Over The Last Three Years
Nov 24Financial Position Analysis
Short Term Liabilities: FEC's short term assets ($482.8M) do not cover its short term liabilities ($544.7M).
Long Term Liabilities: FEC's short term assets ($482.8M) do not cover its long term liabilities ($637.6M).
Debt to Equity History and Analysis
Debt Level: FEC's net debt to equity ratio (19.6%) is considered satisfactory.
Reducing Debt: FEC's debt to equity ratio has reduced from 29.5% to 28.3% over the past 5 years.
Debt Coverage: FEC's debt is well covered by operating cash flow (79.4%).
Interest Coverage: FEC's interest payments on its debt are well covered by EBIT (4.9x coverage).