Petrus Resources Balance Sheet Health
Financial Health criteria checks 4/6
Petrus Resources has a total shareholder equity of CA$303.4M and total debt of CA$57.7M, which brings its debt-to-equity ratio to 19%. Its total assets and total liabilities are CA$420.1M and CA$116.7M respectively. Petrus Resources's EBIT is CA$4.7M making its interest coverage ratio 0.8. It has cash and short-term investments of CA$2.1M.
Key information
19.0%
Debt to equity ratio
CA$57.74m
Debt
| Interest coverage ratio | 0.8x |
| Cash | CA$2.06m |
| Equity | CA$303.38m |
| Total liabilities | CA$116.74m |
| Total assets | CA$420.12m |
Recent financial health updates
These 4 Measures Indicate That Petrus Resources (TSE:PRQ) Is Using Debt Extensively
Apr 09
Petrus Resources (TSE:PRQ) Takes On Some Risk With Its Use Of Debt
Dec 09Petrus Resources (TSE:PRQ) Has A Pretty Healthy Balance Sheet
Apr 27Does Petrus Resources (TSE:PRQ) Have A Healthy Balance Sheet?
Feb 20Recent updates
These 4 Measures Indicate That Petrus Resources (TSE:PRQ) Is Using Debt Extensively
Apr 09Petrus Resources (TSE:PRQ) Has Affirmed Its Dividend Of CA$0.01
Mar 07Petrus Resources (TSE:PRQ) Is Due To Pay A Dividend Of CA$0.01
Feb 07We Think You Should Be Aware Of Some Concerning Factors In Petrus Resources' (TSE:PRQ) Earnings
Nov 13We Think That There Are More Issues For Petrus Resources (TSE:PRQ) Than Just Sluggish Earnings
Apr 04Petrus Resources (TSE:PRQ) Takes On Some Risk With Its Use Of Debt
Dec 09Investors Don't See Light At End Of Petrus Resources Ltd.'s (TSE:PRQ) Tunnel
Jun 13Petrus Resources (TSE:PRQ) Has A Pretty Healthy Balance Sheet
Apr 27We Believe Petrus Resources' (TSE:PRQ) Earnings Are A Poor Guide For Its Profitability
Mar 10Does Petrus Resources (TSE:PRQ) Have A Healthy Balance Sheet?
Feb 20Financial Position Analysis
Short Term Liabilities: PRQ's short term assets (CA$17.6M) do not cover its short term liabilities (CA$51.3M).
Long Term Liabilities: PRQ's short term assets (CA$17.6M) do not cover its long term liabilities (CA$65.5M).
Debt to Equity History and Analysis
Debt Level: PRQ's net debt to equity ratio (18.4%) is considered satisfactory.
Reducing Debt: PRQ's debt to equity ratio has reduced from 119% to 19% 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 PRQ has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PRQ is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 10.5% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/25 21:43 |
| End of Day Share Price | 2025/04/25 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
| |
| 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.
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 Github.
Analyst Sources
Petrus Resources Ltd. is covered by 10 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 |
|---|---|
| David Popowich | CIBC Capital Markets |
| Brent Watson | Cormark Securities Inc. |
| Michael Hearn | FirstEnergy Capital Corp. |