Kiwetinohk Energy Balance Sheet Health
Financial Health criteria checks 4/6
Kiwetinohk Energy has a total shareholder equity of CA$710.2M and total debt of CA$194.1M, which brings its debt-to-equity ratio to 27.3%. Its total assets and total liabilities are CA$1.1B and CA$375.4M respectively. Kiwetinohk Energy's EBIT is CA$156.7M making its interest coverage ratio 8.4. It has cash and short-term investments of CA$5.1M.
Key information
27.3%
Debt to equity ratio
CA$194.09m
Debt
| Interest coverage ratio | 8.4x |
| Cash | CA$5.05m |
| Equity | CA$710.20m |
| Total liabilities | CA$375.41m |
| Total assets | CA$1.09b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: KEC's short term assets (CA$88.0M) exceed its short term liabilities (CA$69.7M).
Long Term Liabilities: KEC's short term assets (CA$88.0M) do not cover its long term liabilities (CA$305.7M).
Debt to Equity History and Analysis
Debt Level: KEC's net debt to equity ratio (26.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if KEC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: KEC's debt is well covered by operating cash flow (124%).
Interest Coverage: KEC's interest payments on its debt are well covered by EBIT (8.4x coverage).