Veren Balance Sheet Health

Financial Health criteria checks 3/6

Veren has a total shareholder equity of CA$6.4B and total debt of CA$3.6B, which brings its debt-to-equity ratio to 56.3%. Its total assets and total liabilities are CA$12.0B and CA$5.7B respectively. Veren's EBIT is CA$498.0M making its interest coverage ratio 2.8. It has cash and short-term investments of CA$21.8M.

Key information

56.3%

Debt to equity ratio

CA$3.59b

Debt

Interest coverage ratio2.8x
CashCA$21.80m
EquityCA$6.38b
Total liabilitiesCA$5.66b
Total assetsCA$12.04b

Recent financial health updates

Recent updates

What You Can Learn From Veren Inc.'s (TSE:VRN) P/E

May 22
What You Can Learn From Veren Inc.'s (TSE:VRN) P/E

Shareholders Would Not Be Objecting To Crescent Point Energy Corp.'s (TSE:CPG) CEO Compensation And Here's Why

May 04
Shareholders Would Not Be Objecting To Crescent Point Energy Corp.'s (TSE:CPG) CEO Compensation And Here's Why

Is There An Opportunity With Crescent Point Energy Corp.'s (TSE:CPG) 42% Undervaluation?

Apr 12
Is There An Opportunity With Crescent Point Energy Corp.'s (TSE:CPG) 42% Undervaluation?

Is Crescent Point Energy (TSE:CPG) Using Too Much Debt?

Mar 26
Is Crescent Point Energy (TSE:CPG) Using Too Much Debt?

Crescent Point Energy (TSE:CPG) Has Announced That It Will Be Increasing Its Dividend To CA$0.115

Mar 08
Crescent Point Energy (TSE:CPG) Has Announced That It Will Be Increasing Its Dividend To CA$0.115

Getting In Cheap On Crescent Point Energy Corp. (TSE:CPG) Is Unlikely

Dec 25
Getting In Cheap On Crescent Point Energy Corp. (TSE:CPG) Is Unlikely

News Flash: Analysts Just Made A Dazzling Upgrade To Their Crescent Point Energy Corp. (TSE:CPG) Forecasts

Nov 20
News Flash: Analysts Just Made A Dazzling Upgrade To Their Crescent Point Energy Corp. (TSE:CPG) Forecasts

Here's Why Crescent Point Energy (TSE:CPG) Has A Meaningful Debt Burden

Oct 18
Here's Why Crescent Point Energy (TSE:CPG) Has A Meaningful Debt Burden

Estimating The Intrinsic Value Of Crescent Point Energy Corp. (TSE:CPG)

May 04
Estimating The Intrinsic Value Of Crescent Point Energy Corp. (TSE:CPG)

Analysts' Revenue Estimates For Crescent Point Energy Corp. (TSE:CPG) Are Surging Higher

Mar 30
Analysts' Revenue Estimates For Crescent Point Energy Corp. (TSE:CPG) Are Surging Higher

Crescent Point Energy's (TSE:CPG) Upcoming Dividend Will Be Larger Than Last Year's

Mar 10
Crescent Point Energy's (TSE:CPG) Upcoming Dividend Will Be Larger Than Last Year's

Crescent Point Energy's (TSE:CPG) Upcoming Dividend Will Be Larger Than Last Year's

Feb 11
Crescent Point Energy's (TSE:CPG) Upcoming Dividend Will Be Larger Than Last Year's

Does Crescent Point Energy (TSE:CPG) Have A Healthy Balance Sheet?

Feb 09
Does Crescent Point Energy (TSE:CPG) Have A Healthy Balance Sheet?

Crescent Point Energy (TSE:CPG) Has Announced That It Will Be Increasing Its Dividend To CA$0.10

Jan 12
Crescent Point Energy (TSE:CPG) Has Announced That It Will Be Increasing Its Dividend To CA$0.10

Crescent Point Energy (TSE:CPG) Is Increasing Its Dividend To CA$0.10

Dec 25
Crescent Point Energy (TSE:CPG) Is Increasing Its Dividend To CA$0.10

Crescent Point Energy (TSE:CPG) Is Increasing Its Dividend To CA$0.08

Dec 11
Crescent Point Energy (TSE:CPG) Is Increasing Its Dividend To CA$0.08

Financial Position Analysis

Short Term Liabilities: VRN's short term assets (CA$1.4B) exceed its short term liabilities (CA$1.3B).

Long Term Liabilities: VRN's short term assets (CA$1.4B) do not cover its long term liabilities (CA$4.3B).


Debt to Equity History and Analysis

Debt Level: VRN's net debt to equity ratio (56%) is considered high.

Reducing Debt: VRN's debt to equity ratio has reduced from 63.4% to 56.3% over the past 5 years.

Debt Coverage: VRN's debt is well covered by operating cash flow (59.4%).

Interest Coverage: VRN's interest payments on its debt are not well covered by EBIT (2.8x coverage).


Balance Sheet


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