PetroTal Balance Sheet Health
Financial Health criteria checks 6/6
PetroTal has a total shareholder equity of $463.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $658.3M and $194.3M respectively. PetroTal's EBIT is $157.5M making its interest coverage ratio 11.3. It has cash and short-term investments of $90.6M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 11.3x |
| Cash | US$90.57m |
| Equity | US$463.94m |
| Total liabilities | US$194.34m |
| Total assets | US$658.29m |
Recent financial health updates
We Think PetroTal (TSE:TAL) Can Stay On Top Of Its Debt
Jun 01
PetroTal (CVE:TAL) Seems To Use Debt Quite Sensibly
Sep 26Recent updates
PetroTal (TSE:TAL) Is Achieving High Returns On Its Capital
Dec 07We Think PetroTal (TSE:TAL) Can Stay On Top Of Its Debt
Jun 01Analysts Just Made A Major Revision To Their PetroTal Corp. (TSE:TAL) Revenue Forecasts
Apr 01We Ran A Stock Scan For Earnings Growth And PetroTal (TSE:TAL) Passed With Ease
Mar 31Slammed 26% PetroTal Corp. (CVE:TAL) Screens Well Here But There Might Be A Catch
Sep 27PetroTal (CVE:TAL) Seems To Use Debt Quite Sensibly
Sep 26Need To Know: The Consensus Just Cut Its PetroTal Corp. (CVE:TAL) Estimates For 2022
Sep 07Here's Why We Think PetroTal (CVE:TAL) Might Deserve Your Attention Today
Aug 26With EPS Growth And More, PetroTal (CVE:TAL) Is Interesting
Nov 23Analysts Have Made A Financial Statement On PetroTal Corp.'s (CVE:TAL) Annual Report
Apr 25Are PetroTal's (CVE:TAL) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 30PetroTal Corp.'s (CVE:TAL) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Dec 09
Financial Position Analysis
Short Term Liabilities: TAL's short term assets ($203.2M) exceed its short term liabilities ($81.5M).
Long Term Liabilities: TAL's short term assets ($203.2M) exceed its long term liabilities ($112.8M).
Debt to Equity History and Analysis
Debt Level: TAL is debt free.
Reducing Debt: TAL had no debt 5 years ago.
Debt Coverage: TAL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TAL has no debt, therefore coverage of interest payments is not a concern.