Tenaz Energy Balance Sheet Health
Financial Health criteria checks 3/6
Tenaz Energy has a total shareholder equity of CA$97.1M and total debt of CA$10.0M, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are CA$254.4M and CA$157.3M respectively.
Key information
10.3%
Debt to equity ratio
CA$10.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$14.79m |
| Equity | CA$97.11m |
| Total liabilities | CA$157.32m |
| Total assets | CA$254.43m |
Recent financial health updates
Recent updates
Tenaz Energy Corp.'s (TSE:TNZ) 29% Jump Shows Its Popularity With Investors
Nov 02
Market Participants Recognise Tenaz Energy Corp.'s (TSE:TNZ) Revenues Pushing Shares 36% Higher
Aug 21We Believe Tenaz Energy's (TSE:TNZ) Earnings Are A Poor Guide For Its Profitability
Apr 05Investors Don't See Light At End Of Tenaz Energy Corp.'s (TSE:TNZ) Tunnel
Feb 22Here's Why Tenaz Energy (TSE:TNZ) Has Caught The Eye Of Investors
Dec 28Upgrade: Analysts Just Made A Dazzling Increase To Their Tenaz Energy Corp. (TSE:TNZ) Forecasts
Jun 02Is Altura Energy (CVE:ATU) Using Too Much Debt?
Aug 29Financial Position Analysis
Short Term Liabilities: TNZ's short term assets (CA$63.2M) exceed its short term liabilities (CA$44.2M).
Long Term Liabilities: TNZ's short term assets (CA$63.2M) do not cover its long term liabilities (CA$113.2M).
Debt to Equity History and Analysis
Debt Level: TNZ has more cash than its total debt.
Reducing Debt: TNZ's debt to equity ratio has increased from 10.2% to 10.3% over the past 5 years.
Debt Coverage: TNZ's debt is well covered by operating cash flow (151.5%).
Interest Coverage: Insufficient data to determine if TNZ's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 19:04 |
| End of Day Share Price | 2024/12/20 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Tenaz Energy Corp. is covered by 7 analysts. 1 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 |
|---|---|
| Kirk Wilson | Beacon Securities Limited |
| Brent Watson | Cormark Securities Inc. |
| Garett Ursu | Cormark Securities Inc. |