Topaz Energy Balance Sheet Health
Financial Health criteria checks 3/6
Topaz Energy has a total shareholder equity of CA$1.3B and total debt of CA$530.2M, which brings its debt-to-equity ratio to 41.5%. Its total assets and total liabilities are CA$1.9B and CA$579.1M respectively. Topaz Energy's EBIT is CA$105.5M making its interest coverage ratio 3.8. It has cash and short-term investments of CA$147.0K.
Key information
41.47%
Debt to equity ratio
CA$530.18m
Debt
| Interest coverage ratio | 3.8x |
| Cash | CA$147.00k |
| Equity | CA$1.28b |
| Total liabilities | CA$579.07m |
| Total assets | CA$1.86b |
Recent financial health updates
Topaz Energy (TSE:TPZ) Takes On Some Risk With Its Use Of Debt
Apr 08
Is Topaz Energy (TSE:TPZ) Using Too Much Debt?
Sep 27Is Topaz Energy (TSE:TPZ) A Risky Investment?
Feb 16Recent updates
Topaz Energy Corp. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
May 07Topaz Energy (TSE:TPZ) Takes On Some Risk With Its Use Of Debt
Apr 08Topaz Energy Corp. (TSE:TPZ) Not Lagging Industry On Growth Or Pricing
Mar 21Topaz Energy's (TSE:TPZ) Anemic Earnings Might Be Worse Than You Think
Mar 03Topaz Energy (TSE:TPZ) Is Experiencing Growth In Returns On Capital
Feb 26We Ran A Stock Scan For Earnings Growth And Topaz Energy (TSE:TPZ) Passed With Ease
Jan 13
Calculated Acquisitions And Clearwater Projects To Drive Significant Revenue Growth
Acquisition from Tourmaline and high operator activity drive potential growth in royalty production, positively impacting revenue and margins.Topaz Energy Corp.'s (TSE:TPZ) Shareholders Might Be Looking For Exit
Nov 24Is Topaz Energy (TSE:TPZ) Using Too Much Debt?
Sep 27Returns At Topaz Energy (TSE:TPZ) Are On The Way Up
Aug 25Topaz Energy's (TSE:TPZ) Dividend Will Be Increased To CA$0.33
Aug 03Topaz Energy Corp. Just Recorded A 71% EPS Beat: Here's What Analysts Are Forecasting Next
Aug 01Why Investors Shouldn't Be Surprised By Topaz Energy Corp.'s (TSE:TPZ) P/E
May 27We Think You Can Look Beyond Topaz Energy's (TSE:TPZ) Lackluster Earnings
May 06The Compensation For Topaz Energy Corp.'s (TSE:TPZ) CEO Looks Deserved And Here's Why
Apr 26Investors Will Want Topaz Energy's (TSE:TPZ) Growth In ROCE To Persist
Mar 31Topaz Energy's (TSE:TPZ) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 08Is Topaz Energy (TSE:TPZ) A Risky Investment?
Feb 16Returns On Capital Are Showing Encouraging Signs At Topaz Energy (TSE:TPZ)
Oct 11Calculating The Intrinsic Value Of Topaz Energy Corp. (TSE:TPZ)
Jul 22Topaz Energy (TSE:TPZ) Is Experiencing Growth In Returns On Capital
Jun 30Returns On Capital Are Showing Encouraging Signs At Topaz Energy (TSE:TPZ)
Mar 19Financial Position Analysis
Short Term Liabilities: TPZ's short term assets (CA$61.5M) exceed its short term liabilities (CA$14.8M).
Long Term Liabilities: TPZ's short term assets (CA$61.5M) do not cover its long term liabilities (CA$564.3M).
Debt to Equity History and Analysis
Debt Level: TPZ's net debt to equity ratio (41.5%) is considered high.
Reducing Debt: TPZ's debt to equity ratio has increased from 0% to 41.5% over the past 5 years.
Debt Coverage: TPZ's debt is well covered by operating cash flow (53.9%).
Interest Coverage: TPZ's interest payments on its debt are well covered by EBIT (3.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/29 23:06 |
| End of Day Share Price | 2025/05/29 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
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 Github.
Analyst Sources
Topaz Energy Corp. is covered by 23 analysts. 5 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 |
|---|---|
| Patrick O'Rourke | ATB Capital Markets |
| null null | BMO Capital Markets Equity Research |
| Randy Ollenberger | BMO Capital Markets Equity Research |