Veren Balance Sheet Health
Financial Health criteria checks 3/6
Veren has a total shareholder equity of CA$6.7B and total debt of CA$2.8B, which brings its debt-to-equity ratio to 41.3%. Its total assets and total liabilities are CA$11.5B and CA$4.8B respectively. Veren's EBIT is CA$802.3M making its interest coverage ratio 3.8. It has cash and short-term investments of CA$8.2M.
Key information
41.3%
Debt to equity ratio
CA$2.78b
Debt
| Interest coverage ratio | 3.8x |
| Cash | CA$8.20m |
| Equity | CA$6.72b |
| Total liabilities | CA$4.79b |
| Total assets | CA$11.51b |
Recent financial health updates
Is Veren (TSE:VRN) Using Too Much Debt?
Dec 31
We Think Veren (TSE:VRN) Can Stay On Top Of Its Debt
Aug 31Is Crescent Point Energy (TSE:CPG) Using Too Much Debt?
Mar 26Here's Why Crescent Point Energy (TSE:CPG) Has A Meaningful Debt Burden
Oct 18Recent updates
Is Veren (TSE:VRN) Using Too Much Debt?
Dec 31Veren Inc. (TSE:VRN) Screens Well But There Might Be A Catch
Dec 05We Think Veren (TSE:VRN) Can Stay On Top Of Its Debt
Aug 31What You Can Learn From Veren Inc.'s (TSE:VRN) P/E
May 22Shareholders Would Not Be Objecting To Crescent Point Energy Corp.'s (TSE:CPG) CEO Compensation And Here's Why
May 04Is There An Opportunity With Crescent Point Energy Corp.'s (TSE:CPG) 42% Undervaluation?
Apr 12Is Crescent Point Energy (TSE:CPG) Using Too Much Debt?
Mar 26Crescent Point Energy (TSE:CPG) Has Announced That It Will Be Increasing Its Dividend To CA$0.115
Mar 08Getting In Cheap On Crescent Point Energy Corp. (TSE:CPG) Is Unlikely
Dec 25News Flash: Analysts Just Made A Dazzling Upgrade To Their Crescent Point Energy Corp. (TSE:CPG) Forecasts
Nov 20Here's Why Crescent Point Energy (TSE:CPG) Has A Meaningful Debt Burden
Oct 18Financial Position Analysis
Short Term Liabilities: VRN's short term assets (CA$1.1B) do not cover its short term liabilities (CA$1.2B).
Long Term Liabilities: VRN's short term assets (CA$1.1B) do not cover its long term liabilities (CA$3.6B).
Debt to Equity History and Analysis
Debt Level: VRN's net debt to equity ratio (41.2%) is considered high.
Reducing Debt: VRN's debt to equity ratio has reduced from 56% to 41.3% over the past 5 years.
Debt Coverage: VRN's debt is well covered by operating cash flow (79.6%).
Interest Coverage: VRN'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 | 2025/02/04 04:57 |
| End of Day Share Price | 2025/02/04 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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
Veren Inc. is covered by 37 analysts. 6 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 |
|---|---|
| Harshit Gupta | Accountability Research Corporation |
| null null | Argus Research Company |
| Laique Ahmad Amir Arif | ATB Capital Markets |