Pieridae Energy Balance Sheet Health
Financial Health criteria checks 2/6
Pieridae Energy has a total shareholder equity of CA$173.3M and total debt of CA$164.1M, which brings its debt-to-equity ratio to 94.7%. Its total assets and total liabilities are CA$615.0M and CA$441.7M respectively.
Key information
94.7%
Debt to equity ratio
CA$164.12m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$6.12m |
| Equity | CA$173.34m |
| Total liabilities | CA$441.70m |
| Total assets | CA$615.04m |
Recent financial health updates
We Think Pieridae Energy (TSE:PEA) Is Taking Some Risk With Its Debt
Aug 21
Is Pieridae Energy (TSE:PEA) A Risky Investment?
Mar 28Is Pieridae Energy (TSE:PEA) Using Too Much Debt?
May 06Recent updates
Revenues Working Against Pieridae Energy Limited's (TSE:PEA) Share Price
Dec 12Calculating The Fair Value Of Pieridae Energy Limited (TSE:PEA)
May 21It's A Story Of Risk Vs Reward With Pieridae Energy Limited (TSE:PEA)
Apr 02Slammed 26% Pieridae Energy Limited (TSE:PEA) Screens Well Here But There Might Be A Catch
Dec 19With EPS Growth And More, Pieridae Energy (TSE:PEA) Makes An Interesting Case
Sep 27We Think Pieridae Energy (TSE:PEA) Is Taking Some Risk With Its Debt
Aug 21Is Pieridae Energy (TSE:PEA) A Risky Investment?
Mar 28Pieridae Energy's (TSE:PEA) Performance Is Even Better Than Its Earnings Suggest
Aug 18Pieridae Energy Limited's (TSE:PEA) CEO Compensation Is Looking A Bit Stretched At The Moment
May 21Is Pieridae Energy (TSE:PEA) Using Too Much Debt?
May 06Financial Position Analysis
Short Term Liabilities: PEA's short term assets (CA$106.5M) do not cover its short term liabilities (CA$109.8M).
Long Term Liabilities: PEA's short term assets (CA$106.5M) do not cover its long term liabilities (CA$331.9M).
Debt to Equity History and Analysis
Debt Level: PEA's net debt to equity ratio (91.2%) is considered high.
Reducing Debt: PEA's debt to equity ratio has increased from 87.4% to 94.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable PEA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PEA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 49.4% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 23:39 |
| 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 |
| |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Pieridae Energy Limited is covered by 2 analysts. 0 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 |
|---|---|
| Darrell Bishop | Haywood Securities Inc. |
| Todd Kepler | Laurentian Bank Securities, Inc. |