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$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.3B and CA$256.6M respectively. Kelt Exploration's EBIT is CA$117.4M making its interest coverage ratio 28. It has cash and short-term investments of CA$14.3M.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | 28x |
| Cash | CA$14.34m |
| Equity | CA$1.00b |
| Total liabilities | CA$256.63m |
| Total assets | CA$1.26b |
Recent financial health updates
Recent updates
An Intrinsic Calculation For Kelt Exploration Ltd. (TSE:KEL) Suggests It's 37% Undervalued
Feb 17
Investors 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 11Brokers Are Upgrading Their Views On Kelt Exploration Ltd. (TSE:KEL) With These New Forecasts
Mar 18CA$3.79 - That's What Analysts Think Kelt Exploration Ltd. (TSE:KEL) Is Worth After These Results
Mar 13Do Institutions Own Kelt Exploration Ltd. (TSE:KEL) Shares?
Feb 22Is Kelt Exploration (TSE:KEL) Using Too Much Debt?
Jan 25
Financial Position Analysis
Short Term Liabilities: KEL's short term assets (CA$76.1M) do not cover its short term liabilities (CA$91.2M).
Long Term Liabilities: KEL's short term assets (CA$76.1M) do not cover its long term liabilities (CA$165.4M).
Debt to Equity History and Analysis
Debt Level: KEL is debt free.
Reducing Debt: KEL has no debt compared to 5 years ago when its debt to equity ratio was 27.7%.
Debt Coverage: KEL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: KEL has no debt, therefore coverage of interest payments is not a concern.