PetroTal Balance Sheet Health
Financial Health criteria checks 6/6
PetroTal has a total shareholder equity of $503.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $746.1M and $242.4M respectively. PetroTal's EBIT is $158.3M making its interest coverage ratio 56.2. It has cash and short-term investments of $121.3M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 56.2x |
| Cash | US$121.33m |
| Equity | US$503.76m |
| Total liabilities | US$242.38m |
| Total assets | US$746.13m |
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
Under The Bonnet, PetroTal's (TSE:TAL) Returns Look Impressive
Dec 19PetroTal (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 23Financial Position Analysis
Short Term Liabilities: TAL's short term assets ($237.1M) exceed its short term liabilities ($112.7M).
Long Term Liabilities: TAL's short term assets ($237.1M) exceed its long term liabilities ($129.7M).
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.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 17:19 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 here.
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 .
Analyst Sources
PetroTal Corp. is covered by 11 analysts. 5 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 |
|---|---|
| Stephane Guy Foucaud | Auctus Advisors LLP |
| Roman Rossi Lores | Canaccord Genuity |
| Philip Skolnick | Eight Capital |