Obsidian Energy Balance Sheet Health
Financial Health criteria checks 4/6
Obsidian Energy has a total shareholder equity of CA$1.7B and total debt of CA$342.1M, which brings its debt-to-equity ratio to 20.1%. Its total assets and total liabilities are CA$2.4B and CA$697.1M respectively. Obsidian Energy's EBIT is CA$191.9M making its interest coverage ratio 5.7. It has cash and short-term investments of CA$900.0K.
Key information
20.1%
Debt to equity ratio
CA$342.10m
Debt
| Interest coverage ratio | 5.7x |
| Cash | CA$900.00k |
| Equity | CA$1.70b |
| Total liabilities | CA$697.10m |
| Total assets | CA$2.40b |
Recent financial health updates
Does Obsidian Energy (TSE:OBE) Have A Healthy Balance Sheet?
Nov 07
These 4 Measures Indicate That Obsidian Energy (TSE:OBE) Is Using Debt Extensively
Feb 18Recent updates
Does Obsidian Energy (TSE:OBE) Have A Healthy Balance Sheet?
Nov 07Cautious Investors Not Rewarding Obsidian Energy Ltd.'s (TSE:OBE) Performance Completely
Apr 27These 4 Measures Indicate That Obsidian Energy (TSE:OBE) Is Using Debt Extensively
Feb 18A Piece Of The Puzzle Missing From Obsidian Energy Ltd.'s (TSE:OBE) Share Price
Aug 01Why Obsidian Energy's (TSE:OBE) Earnings Are Weaker Than They Seem
May 12Financial Position Analysis
Short Term Liabilities: OBE's short term assets (CA$112.7M) do not cover its short term liabilities (CA$249.7M).
Long Term Liabilities: OBE's short term assets (CA$112.7M) do not cover its long term liabilities (CA$447.4M).
Debt to Equity History and Analysis
Debt Level: OBE's net debt to equity ratio (20%) is considered satisfactory.
Reducing Debt: OBE's debt to equity ratio has reduced from 28.6% to 20.1% over the past 5 years.
Debt Coverage: OBE's debt is well covered by operating cash flow (106.6%).
Interest Coverage: OBE's interest payments on its debt are well covered by EBIT (5.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 03:48 |
| 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 * |
|---|---|---|---|
| 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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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
Obsidian Energy Ltd. is covered by 28 analysts. 3 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 |
|---|---|
| Patrick O'Rourke | ATB Capital Markets |
| Grant Hofer | Barclays |
| Randy Ollenberger | BMO Capital Markets Equity Research |