Pine Cliff Energy Balance Sheet Health

Financial Health criteria checks 1/6

Pine Cliff Energy has a total shareholder equity of CA$76.0M and total debt of CA$58.5M, which brings its debt-to-equity ratio to 77%. Its total assets and total liabilities are CA$440.7M and CA$364.7M respectively.

Key information

77.0%

Debt to equity ratio

CA$58.51m

Debt

Interest coverage ration/a
CashCA$208.00k
EquityCA$76.02m
Total liabilitiesCA$364.72m
Total assetsCA$440.74m

Recent financial health updates

Recent updates

Pine Cliff Energy (TSE:PNE) Has Affirmed Its Dividend Of CA$0.005

Oct 11
Pine Cliff Energy (TSE:PNE) Has Affirmed Its Dividend Of CA$0.005

Here's Why Shareholders May Want To Be Cautious With Increasing Pine Cliff Energy Ltd.'s (TSE:PNE) CEO Pay Packet

May 10
Here's Why Shareholders May Want To Be Cautious With Increasing Pine Cliff Energy Ltd.'s (TSE:PNE) CEO Pay Packet

Why Pine Cliff Energy's (TSE:PNE) Soft Earnings Are Just The Beginning Of Its Problems

Mar 13
Why Pine Cliff Energy's (TSE:PNE) Soft Earnings Are Just The Beginning Of Its Problems

Pine Cliff Energy (TSE:PNE) Has Announced A Dividend Of CA$0.0108

Jan 06
Pine Cliff Energy (TSE:PNE) Has Announced A Dividend Of CA$0.0108

Pine Cliff Energy (TSE:PNE) Has Affirmed Its Dividend Of CA$0.0108

Nov 06
Pine Cliff Energy (TSE:PNE) Has Affirmed Its Dividend Of CA$0.0108

Pine Cliff Energy (TSE:PNE) Has Announced A Dividend Of CA$0.0108

Oct 07
Pine Cliff Energy (TSE:PNE) Has Announced A Dividend Of CA$0.0108

Pine Cliff Energy (TSE:PNE) Is Paying Out A Dividend Of CA$0.0108

Sep 10
Pine Cliff Energy (TSE:PNE) Is Paying Out A Dividend Of CA$0.0108

Pine Cliff Energy (TSE:PNE) Has Affirmed Its Dividend Of CA$0.0108

Aug 07
Pine Cliff Energy (TSE:PNE) Has Affirmed Its Dividend Of CA$0.0108

Pine Cliff Energy (TSE:PNE) Is Due To Pay A Dividend Of CA$0.0108

Jun 06
Pine Cliff Energy (TSE:PNE) Is Due To Pay A Dividend Of CA$0.0108

We Think Pine Cliff Energy (TSE:PNE) Can Stay On Top Of Its Debt

Jul 20
We Think Pine Cliff Energy (TSE:PNE) Can Stay On Top Of Its Debt

Financial Position Analysis

Short Term Liabilities: PNE's short term assets (CA$34.5M) do not cover its short term liabilities (CA$68.9M).

Long Term Liabilities: PNE's short term assets (CA$34.5M) do not cover its long term liabilities (CA$295.8M).


Debt to Equity History and Analysis

Debt Level: PNE's net debt to equity ratio (76.7%) is considered high.

Reducing Debt: PNE's debt to equity ratio has reduced from 169.7% to 77% 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: Insufficient data to determine if PNE has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if PNE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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