Kelt Exploration Balance Sheet Health
Financial Health criteria checks 4/6
Kelt Exploration has a total shareholder equity of CA$1.0B and total debt of CA$45.4M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are CA$1.4B and CA$332.5M respectively. Kelt Exploration's EBIT is CA$81.3M making its interest coverage ratio 14.9. It has cash and short-term investments of CA$144.0K.
Key information
4.3%
Debt to equity ratio
CA$45.43m
Debt
Interest coverage ratio | 14.9x |
Cash | CA$144.00k |
Equity | CA$1.05b |
Total liabilities | CA$332.48m |
Total assets | CA$1.38b |
Recent financial health updates
Recent updates
Kelt Exploration Ltd. (TSE:KEL) Not Lagging Market On Growth Or Pricing
Oct 22Kelt Exploration (TSE:KEL) Has A Somewhat Strained Balance Sheet
Sep 05Is There An Opportunity With Kelt Exploration Ltd.'s (TSE:KEL) 47% Undervaluation?
Jun 01An Intrinsic Calculation For Kelt Exploration Ltd. (TSE:KEL) Suggests It's 37% Undervalued
Feb 17Investors Will Want Kelt Exploration's (TSE:KEL) Growth In ROCE To Persist
Dec 20We Like These Underlying Return On Capital Trends At Kelt Exploration (TSE:KEL)
Sep 15Here's Why We Think Kelt Exploration (TSE:KEL) Might Deserve Your Attention Today
Mar 16Investors Should Be Encouraged By Kelt Exploration's (TSE:KEL) Returns On Capital
Dec 09Analysts Are More Bearish On Kelt Exploration Ltd. (TSE:KEL) Than They Used To Be
Nov 14Is Now The Time To Put Kelt Exploration (TSE:KEL) On Your Watchlist?
Sep 15An Intrinsic Calculation For Kelt Exploration Ltd. (TSE:KEL) Suggests It's 49% Undervalued
Jun 01Kelt Exploration (TSE:KEL) Is Experiencing Growth In Returns On Capital
May 11Financial Position Analysis
Short Term Liabilities: KEL's short term assets (CA$50.6M) do not cover its short term liabilities (CA$102.0M).
Long Term Liabilities: KEL's short term assets (CA$50.6M) do not cover its long term liabilities (CA$230.5M).
Debt to Equity History and Analysis
Debt Level: KEL's net debt to equity ratio (4.3%) is considered satisfactory.
Reducing Debt: KEL's debt to equity ratio has reduced from 40.2% to 4.3% over the past 5 years.
Debt Coverage: KEL's debt is well covered by operating cash flow (492.1%).
Interest Coverage: KEL's interest payments on its debt are well covered by EBIT (14.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/22 08:47 |
End of Day Share Price | 2024/12/20 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kelt Exploration Ltd. is covered by 22 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
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Patrick O'Rourke | ATB Capital Markets |
Jeremy McCrea | BMO Capital Markets Equity Research |
Randy Ollenberger | BMO Capital Markets Equity Research |