International Petroleum Balance Sheet Health
Financial Health criteria checks 4/6
International Petroleum has a total shareholder equity of $1.1B and total debt of $444.1M, which brings its debt-to-equity ratio to 41.1%. Its total assets and total liabilities are $2.1B and $982.7M respectively. International Petroleum's EBIT is $218.7M making its interest coverage ratio 52. It has cash and short-term investments of $517.1M.
Key information
41.1%
Debt to equity ratio
US$444.07m
Debt
| Interest coverage ratio | 52x |
| Cash | US$517.07m |
| Equity | US$1.08b |
| Total liabilities | US$982.73m |
| Total assets | US$2.06b |
Recent financial health updates
These 4 Measures Indicate That International Petroleum (TSE:IPCO) Is Using Debt Reasonably Well
Feb 03
These 4 Measures Indicate That International Petroleum (TSE:IPCO) Is Using Debt Reasonably Well
Sep 02These 4 Measures Indicate That International Petroleum (TSE:IPCO) Is Using Debt Safely
May 17International Petroleum (TSE:IPCO) Seems To Use Debt Rather Sparingly
Jan 04We Think International Petroleum (TSE:IPCO) Can Stay On Top Of Its Debt
Sep 20Is International Petroleum (TSE:IPCO) A Risky Investment?
May 05Recent updates
There's No Escaping International Petroleum Corporation's (TSE:IPCO) Muted Earnings
Apr 30Slowing Rates Of Return At International Petroleum (TSE:IPCO) Leave Little Room For Excitement
Mar 20International Petroleum's (TSE:IPCO) Problems Go Beyond Weak Profit
Feb 13Earnings Report: International Petroleum Corporation Missed Revenue Estimates By 8.0%
Feb 09These 4 Measures Indicate That International Petroleum (TSE:IPCO) Is Using Debt Reasonably Well
Feb 03Insufficient Growth At International Petroleum Corporation (TSE:IPCO) Hampers Share Price
Dec 20These 4 Measures Indicate That International Petroleum (TSE:IPCO) Is Using Debt Reasonably Well
Sep 02These 4 Measures Indicate That International Petroleum (TSE:IPCO) Is Using Debt Safely
May 17Does International Petroleum (TSE:IPCO) Deserve A Spot On Your Watchlist?
Apr 28Is International Petroleum Corporation (TSE:IPCO) Trading At A 33% Discount?
Jan 22International Petroleum (TSE:IPCO) Seems To Use Debt Rather Sparingly
Jan 04With EPS Growth And More, International Petroleum (TSE:IPCO) Makes An Interesting Case
Dec 09We Think International Petroleum (TSE:IPCO) Can Stay On Top Of Its Debt
Sep 20With EPS Growth And More, International Petroleum (TSE:IPCO) Makes An Interesting Case
Aug 30Is There An Opportunity With International Petroleum Corporation's (TSE:IPCO) 47% Undervaluation?
May 26Is International Petroleum (TSE:IPCO) A Risky Investment?
May 05Is International Petroleum Corporation (TSE:IPCO) Trading At A 50% Discount?
Feb 05Does International Petroleum (TSE:IPCO) Have A Healthy Balance Sheet?
Sep 15Is International Petroleum (TSE:IPCO) A Risky Investment?
Jun 02Here's Why Shareholders Should Examine International Petroleum Corporation's (TSE:IPCO) CEO Compensation Package More Closely
Apr 28International Petroleum (TSE:IPCO) Share Prices Have Dropped 28% In The Last Three Years
Mar 04International Petroleum (TSE:IPCO) Has Debt But No Earnings; Should You Worry?
Feb 06
Financial Position Analysis
Short Term Liabilities: IPCO's short term assets ($690.6M) exceed its short term liabilities ($202.9M).
Long Term Liabilities: IPCO's short term assets ($690.6M) do not cover its long term liabilities ($779.8M).
Debt to Equity History and Analysis
Debt Level: IPCO has more cash than its total debt.
Reducing Debt: IPCO's debt to equity ratio has increased from 40.8% to 41.1% over the past 5 years.
Debt Coverage: IPCO's debt is well covered by operating cash flow (78%).
Interest Coverage: IPCO's interest payments on its debt are well covered by EBIT (52x coverage).