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
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 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.