Pipestone Energy Balance Sheet Health
Financial Health criteria checks 4/6
Pipestone Energy has a total shareholder equity of CA$724.2M and total debt of CA$137.7M, which brings its debt-to-equity ratio to 19%. Its total assets and total liabilities are CA$1.2B and CA$461.2M respectively. Pipestone Energy's EBIT is CA$228.9M making its interest coverage ratio 9.7. It has cash and short-term investments of CA$1.0M.
Key information
19.0%
Debt to equity ratio
CA$137.68m
Debt
| Interest coverage ratio | 9.7x |
| Cash | CA$1.04m |
| Equity | CA$724.25m |
| Total liabilities | CA$461.25m |
| Total assets | CA$1.19b |
Recent financial health updates
Is Pipestone Energy (TSE:PIPE) Using Too Much Debt?
Feb 19
Is Pipestone Energy (TSE:PIPE) Using Too Much Debt?
Oct 17These 4 Measures Indicate That Pipestone Energy (TSE:PIPE) Is Using Debt Extensively
Jun 29Is Pipestone Energy (TSE:PIPE) Using Too Much Debt?
May 24Is Pipestone Energy (TSE:PIPE) Weighed On By Its Debt Load?
Jan 21Recent updates
Why We Like The Returns At Pipestone Energy (TSE:PIPE)
May 03Is Pipestone Energy (TSE:PIPE) Using Too Much Debt?
Feb 19Investors Shouldn't Overlook Pipestone Energy's (TSE:PIPE) Impressive Returns On Capital
Jan 13We Ran A Stock Scan For Earnings Growth And Pipestone Energy (TSE:PIPE) Passed With Ease
Dec 09Pipestone Energy (TSE:PIPE) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Nov 16Is Pipestone Energy (TSE:PIPE) Using Too Much Debt?
Oct 17The Trend Of High Returns At Pipestone Energy (TSE:PIPE) Has Us Very Interested
Aug 12These 4 Measures Indicate That Pipestone Energy (TSE:PIPE) Is Using Debt Extensively
Jun 29There's Been No Shortage Of Growth Recently For Pipestone Energy's (TSE:PIPE) Returns On Capital
Apr 22Pipestone Energy (TSE:PIPE) Is Experiencing Growth In Returns On Capital
Aug 19Is Pipestone Energy (TSE:PIPE) Using Too Much Debt?
May 24Have Insiders Been Buying Pipestone Energy Corp. (TSE:PIPE) Shares This Year?
Feb 25Is Pipestone Energy (TSE:PIPE) Weighed On By Its Debt Load?
Jan 21What Kind Of Investors Own Most Of Pipestone Energy Corp. (CVE:PIPE)?
Dec 17Financial Position Analysis
Short Term Liabilities: PIPE's short term assets (CA$71.6M) do not cover its short term liabilities (CA$110.2M).
Long Term Liabilities: PIPE's short term assets (CA$71.6M) do not cover its long term liabilities (CA$351.0M).
Debt to Equity History and Analysis
Debt Level: PIPE's net debt to equity ratio (18.9%) is considered satisfactory.
Reducing Debt: PIPE's debt to equity ratio has reduced from 35.6% to 19% over the past 5 years.
Debt Coverage: PIPE's debt is well covered by operating cash flow (220.9%).
Interest Coverage: PIPE's interest payments on its debt are well covered by EBIT (9.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/10/05 06:29 |
| End of Day Share Price | 2023/10/04 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
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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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
Pipestone Energy Corp. is covered by 7 analysts. 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 |
|---|---|
| Randy Ollenberger | BMO Capital Markets Equity Research |
| Garett Ursu | Cormark Securities Inc. |
| Todd Kepler | Laurentian Bank Securities, Inc. |