Frontera Energy Corporation

TSX:FEC Stock Report

Market Cap: CA$649.1m

Frontera Energy Balance Sheet Health

Financial Health criteria checks 3/6

Frontera Energy has a total shareholder equity of $1.8B and total debt of $512.4M, which brings its debt-to-equity ratio to 28.6%. Its total assets and total liabilities are $3.0B and $1.2B respectively. Frontera Energy's EBIT is $185.6M making its interest coverage ratio 4.1. It has cash and short-term investments of $180.7M.

Key information

28.6%

Debt to equity ratio

US$512.44m

Debt

Interest coverage ratio4.1x
CashUS$180.66m
EquityUS$1.79b
Total liabilitiesUS$1.19b
Total assetsUS$2.98b

Recent financial health updates

Recent updates

Frontera Energy Corporation's (TSE:FEC) Earnings Are Not Doing Enough For Some Investors

Sep 10
Frontera Energy Corporation's (TSE:FEC) Earnings Are Not Doing Enough For Some Investors

There's Been No Shortage Of Growth Recently For Frontera Energy's (TSE:FEC) Returns On Capital

Apr 26
There's Been No Shortage Of Growth Recently For Frontera Energy's (TSE:FEC) Returns On Capital

Frontera Energy's (TSE:FEC) Conservative Accounting Might Explain Soft Earnings

Mar 16
Frontera Energy's (TSE:FEC) Conservative Accounting Might Explain Soft Earnings

Frontera Energy (TSE:FEC) Is Achieving High Returns On Its Capital

Nov 10
Frontera Energy (TSE:FEC) Is Achieving High Returns On Its Capital

The Trend Of High Returns At Frontera Energy (TSE:FEC) Has Us Very Interested

Jun 05
The Trend Of High Returns At Frontera Energy (TSE:FEC) Has Us Very Interested

Does Frontera Energy (TSE:FEC) Have A Healthy Balance Sheet?

Oct 05
Does Frontera Energy (TSE:FEC) Have A Healthy Balance Sheet?

Does Frontera Energy (TSE:FEC) Have A Healthy Balance Sheet?

Jun 14
Does Frontera Energy (TSE:FEC) Have A Healthy Balance Sheet?

Is Frontera Energy (TSE:FEC) Using Too Much Debt?

Feb 28
Is Frontera Energy (TSE:FEC) Using Too Much Debt?

Is Frontera Energy (TSE:FEC) Weighed On By Its Debt Load?

Nov 09
Is Frontera Energy (TSE:FEC) Weighed On By Its Debt Load?

Does Frontera Energy (TSE:FEC) Have A Healthy Balance Sheet?

May 06
Does Frontera Energy (TSE:FEC) Have A Healthy Balance Sheet?

If You Had Bought Frontera Energy's (TSE:FEC) Shares Three Years Ago You Would Be Down 69%

Feb 25
If You Had Bought Frontera Energy's (TSE:FEC) Shares Three Years Ago You Would Be Down 69%

Frontera Energy (TSE:FEC) Has Debt But No Earnings; Should You Worry?

Jan 25
Frontera Energy (TSE:FEC) Has Debt But No Earnings; Should You Worry?

Financial Position Analysis

Short Term Liabilities: FEC's short term assets ($532.2M) do not cover its short term liabilities ($547.7M).

Long Term Liabilities: FEC's short term assets ($532.2M) do not cover its long term liabilities ($644.3M).


Debt to Equity History and Analysis

Debt Level: FEC's net debt to equity ratio (18.5%) is considered satisfactory.

Reducing Debt: FEC's debt to equity ratio has increased from 24.7% to 28.6% over the past 5 years.

Debt Coverage: FEC's debt is well covered by operating cash flow (86.4%).

Interest Coverage: FEC's interest payments on its debt are well covered by EBIT (4.1x coverage).


Balance Sheet


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