Saturn Oil & Gas Balance Sheet Health
Financial Health criteria checks 3/6
Saturn Oil & Gas has a total shareholder equity of CA$837.6M and total debt of CA$840.9M, which brings its debt-to-equity ratio to 100.4%. Its total assets and total liabilities are CA$2.2B and CA$1.3B respectively. Saturn Oil & Gas's EBIT is CA$350.1M making its interest coverage ratio 4. It has cash and short-term investments of CA$142.8M.
Key information
100.4%
Debt to equity ratio
CA$840.88m
Debt
| Interest coverage ratio | 4x |
| Cash | CA$142.80m |
| Equity | CA$837.56m |
| Total liabilities | CA$1.32b |
| Total assets | CA$2.16b |
Recent financial health updates
No updates
Recent updates
Many Still Looking Away From Saturn Oil & Gas Inc. (TSE:SOIL)
Aug 29
Saturn Oil & Gas' (TSE:SOIL) Soft Earnings Don't Show The Whole Picture
May 23Shareholders May Not Be So Generous With Saturn Oil & Gas Inc.'s (TSE:SOIL) CEO Compensation And Here's Why
May 22Investors Continue Waiting On Sidelines For Saturn Oil & Gas Inc. (TSE:SOIL)
Apr 10Saturn Oil & Gas' (CVE:SOIL) Robust Earnings Are Not All Good News For Shareholders
Nov 16New Forecasts: Here's What Analysts Think The Future Holds For Saturn Oil & Gas Inc. (CVE:SOIL)
Apr 13Financial Position Analysis
Short Term Liabilities: SOIL's short term assets (CA$247.5M) do not cover its short term liabilities (CA$291.0M).
Long Term Liabilities: SOIL's short term assets (CA$247.5M) do not cover its long term liabilities (CA$1.0B).
Debt to Equity History and Analysis
Debt Level: SOIL's net debt to equity ratio (83.3%) is considered high.
Reducing Debt: SOIL's debt to equity ratio has reduced from 179% to 100.4% over the past 5 years.
Debt Coverage: SOIL's debt is well covered by operating cash flow (35.2%).
Interest Coverage: SOIL's interest payments on its debt are well covered by EBIT (4x coverage).