Perpetual Energy Balance Sheet Health
Financial Health criteria checks 4/6
Perpetual Energy has a total shareholder equity of CA$121.3M and total debt of CA$35.7M, which brings its debt-to-equity ratio to 29.4%. Its total assets and total liabilities are CA$200.0M and CA$78.6M respectively. Perpetual Energy's EBIT is CA$16.5M making its interest coverage ratio 2.9. It has cash and short-term investments of CA$19.9M.
Key information
29.4%
Debt to equity ratio
CA$35.69m
Debt
| Interest coverage ratio | 2.9x |
| Cash | CA$19.94m |
| Equity | CA$121.33m |
| Total liabilities | CA$78.63m |
| Total assets | CA$199.96m |
Recent financial health updates
Perpetual Energy (TSE:PMT) Use Of Debt Could Be Considered Risky
Feb 21
Perpetual Energy (TSE:PMT) Has A Somewhat Strained Balance Sheet
Sep 12Perpetual Energy (TSE:PMT) Seems To Be Using A Lot Of Debt
Jan 13Recent updates
Even With A 28% Surge, Cautious Investors Are Not Rewarding Perpetual Energy Inc.'s (TSE:PMT) Performance Completely
Apr 03Perpetual Energy (TSE:PMT) Use Of Debt Could Be Considered Risky
Feb 21A Piece Of The Puzzle Missing From Perpetual Energy Inc.'s (TSE:PMT) Share Price
Dec 22There's Been No Shortage Of Growth Recently For Perpetual Energy's (TSE:PMT) Returns On Capital
Oct 17Perpetual Energy (TSE:PMT) Has A Somewhat Strained Balance Sheet
Sep 12Sentiment Still Eluding Perpetual Energy Inc. (TSE:PMT)
Jul 21Perpetual Energy (TSE:PMT) Shareholders Will Want The ROCE Trajectory To Continue
Jun 14We Like Perpetual Energy's (TSE:PMT) Returns And Here's How They're Trending
Mar 13Perpetual Energy (TSE:PMT) Seems To Be Using A Lot Of Debt
Jan 13Perpetual Energy (TSE:PMT) Is Experiencing Growth In Returns On Capital
Sep 27There Are Some Holes In Perpetual Energy's (TSE:PMT) Solid Earnings Release
Aug 19Perpetual Energy (TSE:PMT) Might Have The Makings Of A Multi-Bagger
Jul 19Calculating The Intrinsic Value Of Perpetual Energy Inc. (TSE:PMT)
Mar 01Key Things To Understand About Perpetual Energy's (TSE:PMT) CEO Pay Cheque
Jul 01Financial Position Analysis
Short Term Liabilities: PMT's short term assets (CA$44.8M) exceed its short term liabilities (CA$28.6M).
Long Term Liabilities: PMT's short term assets (CA$44.8M) do not cover its long term liabilities (CA$50.0M).
Debt to Equity History and Analysis
Debt Level: PMT's net debt to equity ratio (13%) is considered satisfactory.
Reducing Debt: PMT's debt to equity ratio has reduced from 94.4% to 29.4% over the past 5 years.
Debt Coverage: PMT's debt is well covered by operating cash flow (74.9%).
Interest Coverage: PMT's interest payments on its debt are not well covered by EBIT (2.9x coverage).