STEP Energy Services Financial Health

How is STEP Energy Services's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: STEP's short term assets (CA$236.6M) exceed its short term liabilities (CA$182.2M).

Long Term Liabilities: STEP's short term assets (CA$236.6M) exceed its long term liabilities (CA$205.0M).


Debt to Equity History and Analysis

Debt Level: STEP's net debt to equity ratio (84.7%) is considered high.

Reducing Debt: STEP's debt to equity ratio has increased from 0.01% to 85.6% over the past 5 years.

Debt Coverage: STEP's debt is well covered by operating cash flow (22.7%).

Interest Coverage: STEP's interest payments on its debt are not well covered by EBIT (2.1x coverage).


Balance Sheet


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