Topaz Energy Corp.

TSX:TPZ Stock Report

Mkt Cap: CA$3.2b

Topaz Energy Balance Sheet Health

Financial Health criteria checks 4/6

Topaz Energy has a total shareholder equity of CA$1.3B and total debt of CA$394.6M, which brings its debt-to-equity ratio to 30.4%. Its total assets and total liabilities are CA$1.7B and CA$404.4M respectively. Topaz Energy's EBIT is CA$100.5M making its interest coverage ratio 4.1. It has cash and short-term investments of CA$2.8M.

Key information

30.4%

Debt to equity ratio

CA$394.55m

Debt

Interest coverage ratio4.1x
CashCA$2.83m
EquityCA$1.30b
Total liabilitiesCA$404.37m
Total assetsCA$1.70b

Recent financial health updates

No updates

Recent updates

Calculating The Intrinsic Value Of Topaz Energy Corp. (TSE:TPZ)

Jul 22
Calculating The Intrinsic Value Of Topaz Energy Corp. (TSE:TPZ)

Topaz Energy (TSE:TPZ) Is Experiencing Growth In Returns On Capital

Jun 30
Topaz Energy (TSE:TPZ) Is Experiencing Growth In Returns On Capital

Returns On Capital Are Showing Encouraging Signs At Topaz Energy (TSE:TPZ)

Mar 19
Returns On Capital Are Showing Encouraging Signs At Topaz Energy (TSE:TPZ)

Topaz Energy's (TSE:TPZ) Dividend Will Be Increased To CA$0.30

Mar 04
Topaz Energy's (TSE:TPZ) Dividend Will Be Increased To CA$0.30

Topaz Energy Corp. (TSE:TPZ) Shares Could Be 39% Below Their Intrinsic Value Estimate

Feb 18
Topaz Energy Corp. (TSE:TPZ) Shares Could Be 39% Below Their Intrinsic Value Estimate

Topaz Energy Corp.'s (TSE:TPZ) Price In Tune With Earnings

Dec 07
Topaz Energy Corp.'s (TSE:TPZ) Price In Tune With Earnings

Topaz Energy (TSE:TPZ) Has Announced That It Will Be Increasing Its Dividend To CA$0.30

Nov 16
Topaz Energy (TSE:TPZ) Has Announced That It Will Be Increasing Its Dividend To CA$0.30

Topaz Energy's (TSE:TPZ) Shareholders Will Receive A Bigger Dividend Than Last Year

Sep 13
Topaz Energy's (TSE:TPZ) Shareholders Will Receive A Bigger Dividend Than Last Year

Estimating The Intrinsic Value Of Topaz Energy Corp. (TSE:TPZ)

Aug 02
Estimating The Intrinsic Value Of Topaz Energy Corp. (TSE:TPZ)

Topaz Energy (TSE:TPZ) Might Have The Makings Of A Multi-Bagger

Jul 20
Topaz Energy (TSE:TPZ) Might Have The Makings Of A Multi-Bagger

Here's Why I Think Topaz Energy (TSE:TPZ) Might Deserve Your Attention Today

Jun 02
Here's Why I Think Topaz Energy (TSE:TPZ) Might Deserve Your Attention Today

Analysts Just Made A Huge Upgrade To Their Topaz Energy Corp. (TSE:TPZ) Forecasts

May 08
Analysts Just Made A Huge Upgrade To Their Topaz Energy Corp. (TSE:TPZ) Forecasts

There's Been No Shortage Of Growth Recently For Topaz Energy's (TSE:TPZ) Returns On Capital

Mar 22
There's Been No Shortage Of Growth Recently For Topaz Energy's (TSE:TPZ) Returns On Capital

Here's Why We Think Topaz Energy (TSE:TPZ) Is Well Worth Watching

Jan 24
Here's Why We Think Topaz Energy (TSE:TPZ) Is Well Worth Watching

Topaz Energy (TSE:TPZ) Might Have The Makings Of A Multi-Bagger

Dec 03
Topaz Energy (TSE:TPZ) Might Have The Makings Of A Multi-Bagger

Topaz Energy (TSE:TPZ) Is Increasing Its Dividend To CA$0.24

Nov 16
Topaz Energy (TSE:TPZ) Is Increasing Its Dividend To CA$0.24

Estimating The Fair Value Of Topaz Energy Corp. (TSE:TPZ)

Aug 19
Estimating The Fair Value Of Topaz Energy Corp. (TSE:TPZ)

Financial Position Analysis

Short Term Liabilities: TPZ's short term assets (CA$49.6M) exceed its short term liabilities (CA$5.7M).

Long Term Liabilities: TPZ's short term assets (CA$49.6M) do not cover its long term liabilities (CA$398.7M).

Debt to Equity History and Analysis

Debt Level: TPZ's net debt to equity ratio (30.2%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if TPZ's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: TPZ's debt is well covered by operating cash flow (83.2%).

Interest Coverage: TPZ's interest payments on its debt are well covered by EBIT (4.1x coverage).

Balance Sheet

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