Imperial Oil Balance Sheet Health
Financial Health criteria checks 5/6
Imperial Oil has a total shareholder equity of CA$22.2B and total debt of CA$3.5B, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are CA$41.2B and CA$19.0B respectively. Imperial Oil's EBIT is CA$6.2B making its interest coverage ratio -49.4. It has cash and short-term investments of CA$864.0M.
Key information
16.0%
Debt to equity ratio
CA$3.55b
Debt
Interest coverage ratio | -49.4x |
Cash | CA$864.00m |
Equity | CA$22.22b |
Total liabilities | CA$18.98b |
Total assets | CA$41.20b |
Recent financial health updates
Imperial Oil (TSE:IMO) Seems To Use Debt Quite Sensibly
Dec 30Is Imperial Oil (TSE:IMO) Using Too Much Debt?
Sep 16Imperial Oil (TSE:IMO) Seems To Use Debt Rather Sparingly
Jun 08Is Imperial Oil (TSE:IMO) A Risky Investment?
Mar 05We Think Imperial Oil (TSE:IMO) Can Manage Its Debt With Ease
Nov 18Is Imperial Oil (TSE:IMO) A Risky Investment?
Jul 07Recent updates
News Flash: Analysts Just Made A Notable Upgrade To Their Imperial Oil Limited (TSE:IMO) Forecasts
Mar 09Analyst Forecasts Just Became More Bearish On Imperial Oil Limited (TSE:IMO)
Feb 13Imperial Oil's (TSE:IMO) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 06We Like These Underlying Return On Capital Trends At Imperial Oil (TSE:IMO)
Feb 04Imperial Oil Limited's (TSE:IMO) Earnings Are Not Doing Enough For Some Investors
Jan 17Imperial Oil (TSE:IMO) Seems To Use Debt Quite Sensibly
Dec 30Estimating The Fair Value Of Imperial Oil Limited (TSE:IMO)
Oct 23Returns on Capital Paint A Bright Future For Imperial Oil (TSE:IMO)
Oct 05Is Imperial Oil (TSE:IMO) Using Too Much Debt?
Sep 16Is There An Opportunity With Imperial Oil Limited's (TSE:IMO) 22% Undervaluation?
Jul 14Returns On Capital Are A Standout For Imperial Oil (TSE:IMO)
Jun 26Imperial Oil (TSE:IMO) Seems To Use Debt Rather Sparingly
Jun 08Calculating The Fair Value Of Imperial Oil Limited (TSE:IMO)
Apr 04Is Imperial Oil (TSE:IMO) A Risky Investment?
Mar 05Imperial Oil (TSE:IMO) Is Achieving High Returns On Its Capital
Feb 17Is Imperial Oil Limited (TSE:IMO) Trading At A 30% Discount?
Jan 02Here's Why We Think Imperial Oil (TSE:IMO) Is Well Worth Watching
Dec 04We Think Imperial Oil (TSE:IMO) Can Manage Its Debt With Ease
Nov 18Imperial Oil's (TSE:IMO) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 03We Think Imperial Oil (TSE:IMO) Might Have The DNA Of A Multi-Bagger
Aug 27News Flash: Analysts Just Made A Meaningful Upgrade To Their Imperial Oil Limited (TSE:IMO) Forecasts
Aug 09Imperial Oil Limited's (TSE:IMO) Intrinsic Value Is Potentially 50% Above Its Share Price
Jul 28Is Imperial Oil (TSE:IMO) A Risky Investment?
Jul 07Analysts Just Made A Stunning Upgrade To Their Imperial Oil Limited (TSE:IMO) Forecasts
May 05Analysts Have Just Cut Their Imperial Oil Limited (TSE:IMO) Revenue Estimates By 10%
Apr 19Imperial Oil (TSE:IMO) Seems To Use Debt Quite Sensibly
Apr 08Imperial Oil (TSE:IMO) Might Have The Makings Of A Multi-Bagger
Mar 18Financial Position Analysis
Short Term Liabilities: IMO's short term assets (CA$8.3B) exceed its short term liabilities (CA$6.6B).
Long Term Liabilities: IMO's short term assets (CA$8.3B) do not cover its long term liabilities (CA$12.4B).
Debt to Equity History and Analysis
Debt Level: IMO's net debt to equity ratio (12.1%) is considered satisfactory.
Reducing Debt: IMO's debt to equity ratio has reduced from 19% to 16% over the past 5 years.
Debt Coverage: IMO's debt is well covered by operating cash flow (105.3%).
Interest Coverage: IMO earns more interest than it pays, so coverage of interest payments is not a concern.