Pieridae Energy Balance Sheet Health
Financial Health criteria checks 1/6
Pieridae Energy has a total shareholder equity of CA$174.4M and total debt of CA$172.2M, which brings its debt-to-equity ratio to 98.7%. Its total assets and total liabilities are CA$638.5M and CA$464.1M respectively. Pieridae Energy's EBIT is CA$36.5M making its interest coverage ratio 1. It has cash and short-term investments of CA$18.3M.
Key information
98.7%
Debt to equity ratio
CA$172.22m
Debt
| Interest coverage ratio | 1x |
| Cash | CA$18.33m |
| Equity | CA$174.41m |
| Total liabilities | CA$464.14m |
| Total assets | CA$638.54m |
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
It'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 06Would Shareholders Who Purchased Pieridae Energy's (TSE:PEA) Stock Three Years Be Happy With The Share price Today?
Mar 09Pieridae Energy's (TSE:PEA) Shareholders Are Down 83% On Their Shares
Dec 04
Financial Position Analysis
Short Term Liabilities: PEA's short term assets (CA$143.1M) do not cover its short term liabilities (CA$163.9M).
Long Term Liabilities: PEA's short term assets (CA$143.1M) do not cover its long term liabilities (CA$300.3M).
Debt to Equity History and Analysis
Debt Level: PEA's net debt to equity ratio (88.2%) is considered high.
Reducing Debt: PEA's debt to equity ratio has increased from 54.5% to 98.7% over the past 5 years.
Debt Coverage: PEA's debt is well covered by operating cash flow (60.5%).
Interest Coverage: PEA's interest payments on its debt are not well covered by EBIT (1x coverage).