Total Energy Services Financial Health
Financial Health criteria checks 6/6
Total Energy Services has a total shareholder equity of CA$534.6M and total debt of CA$114.5M, which brings its debt-to-equity ratio to 21.4%. Its total assets and total liabilities are CA$910.4M and CA$375.8M respectively. Total Energy Services's EBIT is CA$75.9M making its interest coverage ratio 10.2. It has cash and short-term investments of CA$28.2M.
Key information
21.4%
Debt to equity ratio
CA$114.49m
Debt
| Interest coverage ratio | 10.2x |
| Cash | CA$28.23m |
| Equity | CA$534.58m |
| Total liabilities | CA$375.83m |
| Total assets | CA$910.41m |
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 18Is Total Energy Services (TSE:TOT) Weighed On By Its Debt Load?
Dec 04Recent updates
Does 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 14President Daniel Halyk Just Bought A Handful Of Shares In Total Energy Services Inc. (TSE:TOT)
Dec 19Is Total Energy Services (TSE:TOT) Weighed On By Its Debt Load?
Dec 04Financial Position Analysis
Short Term Liabilities: TOT's short term assets (CA$320.8M) exceed its short term liabilities (CA$209.5M).
Long Term Liabilities: TOT's short term assets (CA$320.8M) exceed its long term liabilities (CA$166.3M).
Debt to Equity History and Analysis
Debt Level: TOT's net debt to equity ratio (16.1%) is considered satisfactory.
Reducing Debt: TOT's debt to equity ratio has reduced from 57.5% to 21.4% over the past 5 years.
Debt Coverage: TOT's debt is well covered by operating cash flow (112%).
Interest Coverage: TOT's interest payments on its debt are well covered by EBIT (10.2x coverage).