Total Energy Services Balance Sheet Health
Financial Health criteria checks 6/6
Total Energy Services has a total shareholder equity of CA$530.8M and total debt of CA$93.0M, which brings its debt-to-equity ratio to 17.5%. Its total assets and total liabilities are CA$861.7M and CA$330.9M respectively. Total Energy Services's EBIT is CA$80.2M making its interest coverage ratio 4.6. It has cash and short-term investments of CA$47.9M.
Key information
17.5%
Debt to equity ratio
CA$93.00m
Debt
| Interest coverage ratio | 4.6x |
| Cash | CA$47.94m |
| Equity | CA$530.76m |
| Total liabilities | CA$330.90m |
| Total assets | CA$861.66m |
Recent financial health updates
Does Total Energy Services (TSE:TOT) Have A Healthy Balance Sheet?
Mar 16
Would Total Energy Services (TSE:TOT) Be Better Off With Less Debt?
May 12Would Total Energy Services (TSE:TOT) Be Better Off With Less Debt?
Feb 09Does Total Energy Services (TSE:TOT) Have A Healthy Balance Sheet?
Mar 18Recent updates
Do Total Energy Services' (TSE:TOT) Earnings Warrant Your Attention?
Sep 02Does Total Energy Services (TSE:TOT) Have A Healthy Balance Sheet?
Mar 16We Like These Underlying Return On Capital Trends At Total Energy Services (TSE:TOT)
Jan 18Total Energy Services (TSE:TOT) Shareholders Will Want The ROCE Trajectory To Continue
Jul 21Would Total Energy Services (TSE:TOT) Be Better Off With Less Debt?
May 12Analysts Just Published A Bright New Outlook For Total Energy Services Inc.'s (TSE:TOT)
Mar 15Would Total Energy Services (TSE:TOT) Be Better Off With Less Debt?
Feb 09Are Investors Undervaluing Total Energy Services Inc. (TSE:TOT) By 49%?
Jun 08We Think Total Energy Services Inc.'s (TSE:TOT) CEO Compensation Package Needs To Be Put Under A Microscope
May 12Does Total Energy Services (TSE:TOT) Have A Healthy Balance Sheet?
Mar 18Could The Total Energy Services Inc. (TSE:TOT) Ownership Structure Tell Us Something Useful?
Feb 25A Look At The Fair Value Of Total Energy Services Inc. (TSE:TOT)
Feb 04
Total Energy Services' (TSE:TOT) Stock Price Has Reduced 75% In The Past Three Years
Jan 14Financial Position Analysis
Short Term Liabilities: TOT's short term assets (CA$300.5M) exceed its short term liabilities (CA$177.0M).
Long Term Liabilities: TOT's short term assets (CA$300.5M) exceed its long term liabilities (CA$153.9M).
Debt to Equity History and Analysis
Debt Level: TOT's net debt to equity ratio (8.5%) is considered satisfactory.
Reducing Debt: TOT's debt to equity ratio has reduced from 51% to 17.5% over the past 5 years.
Debt Coverage: TOT's debt is well covered by operating cash flow (156.9%).
Interest Coverage: TOT's interest payments on its debt are well covered by EBIT (4.6x coverage).