International Petroleum Balance Sheet Health
Financial Health criteria checks 4/6
International Petroleum has a total shareholder equity of $1.0B and total debt of $444.5M, which brings its debt-to-equity ratio to 43.3%. Its total assets and total liabilities are $2.0B and $962.0M respectively. International Petroleum's EBIT is $229.1M making its interest coverage ratio 22.7. It has cash and short-term investments of $368.8M.
Key information
43.3%
Debt to equity ratio
US$444.46m
Debt
| Interest coverage ratio | 22.7x |
| Cash | US$368.80m |
| Equity | US$1.03b |
| Total liabilities | US$961.96m |
| Total assets | US$1.99b |
Recent financial health updates
Is International Petroleum (TSE:IPCO) A Risky Investment?
Sep 09
These 4 Measures Indicate That International Petroleum (TSE:IPCO) Is Using Debt Reasonably Well
May 24These 4 Measures Indicate That International Petroleum (TSE:IPCO) Is Using Debt Reasonably Well
Feb 03These 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 04Recent updates
Is International Petroleum (TSE:IPCO) A Risky Investment?
Sep 09International Petroleum Corporation's (TSE:IPCO) Share Price Is Matching Sentiment Around Its Earnings
Aug 24Investors Met With Slowing Returns on Capital At International Petroleum (TSE:IPCO)
Jul 13These 4 Measures Indicate That International Petroleum (TSE:IPCO) Is Using Debt Reasonably Well
May 24International Petroleum Corporation Just Recorded A 24% EPS Beat: Here's What Analysts Are Forecasting Next
May 09There'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 15Financial Position Analysis
Short Term Liabilities: IPCO's short term assets ($525.3M) exceed its short term liabilities ($177.0M).
Long Term Liabilities: IPCO's short term assets ($525.3M) do not cover its long term liabilities ($784.9M).
Debt to Equity History and Analysis
Debt Level: IPCO's net debt to equity ratio (7.4%) is considered satisfactory.
Reducing Debt: IPCO's debt to equity ratio has increased from 32% to 43.3% over the past 5 years.
Debt Coverage: IPCO's debt is well covered by operating cash flow (76.8%).
Interest Coverage: IPCO's interest payments on its debt are well covered by EBIT (22.7x coverage).