Whitecap Resources Balance Sheet Health
Financial Health criteria checks 4/6
Whitecap Resources has a total shareholder equity of CA$5.5B and total debt of CA$1.4B, which brings its debt-to-equity ratio to 24.8%. Its total assets and total liabilities are CA$9.6B and CA$4.1B respectively. Whitecap Resources's EBIT is CA$1.2B making its interest coverage ratio 14.1. It has cash and short-term investments of CA$44.5M.
Key information
24.8%
Debt to equity ratio
CA$1.36b
Debt
| Interest coverage ratio | 14.1x |
| Cash | CA$44.50m |
| Equity | CA$5.48b |
| Total liabilities | CA$4.13b |
| Total assets | CA$9.60b |
Recent financial health updates
Whitecap Resources (TSE:WCP) Has A Somewhat Strained Balance Sheet
Mar 21
Is Whitecap Resources (TSE:WCP) Using Too Much Debt?
Dec 09Here's Why Whitecap Resources (TSE:WCP) Has A Meaningful Debt Burden
Aug 18Whitecap Resources (TSE:WCP) Takes On Some Risk With Its Use Of Debt
May 17Here's Why Whitecap Resources (TSE:WCP) Has A Meaningful Debt Burden
Feb 15Whitecap Resources (TSE:WCP) Has A Pretty Healthy Balance Sheet
Oct 17Recent updates
Whitecap Resources (TSE:WCP) Has A Somewhat Strained Balance Sheet
Mar 21Is There An Opportunity With Whitecap Resources Inc.'s (TSE:WCP) 46% Undervaluation?
Feb 24There Is A Reason Whitecap Resources Inc.'s (TSE:WCP) Price Is Undemanding
Feb 02Is Whitecap Resources (TSE:WCP) Using Too Much Debt?
Dec 09Whitecap Resources' (TSE:WCP) Dividend Will Be Increased To CA$0.0608
Oct 20Whitecap Resources Inc.'s (TSE:WCP) Intrinsic Value Is Potentially 70% Above Its Share Price
Oct 12Here's Why Whitecap Resources (TSE:WCP) Has A Meaningful Debt Burden
Aug 18Whitecap Resources (TSE:WCP) Takes On Some Risk With Its Use Of Debt
May 17Is Whitecap Resources Inc. (TSE:WCP) Trading At A 37% Discount?
Mar 09Here's Why Whitecap Resources (TSE:WCP) Has A Meaningful Debt Burden
Feb 15Whitecap Resources' (TSE:WCP) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 21Is There An Opportunity With Whitecap Resources Inc.'s (TSE:WCP) 25% Undervaluation?
Nov 18Whitecap Resources (TSE:WCP) Has A Pretty Healthy Balance Sheet
Oct 17We Ran A Stock Scan For Earnings Growth And Whitecap Resources (TSE:WCP) Passed With Ease
Aug 23Whitecap Resources Inc. (TSE:WCP) Shares Could Be 43% Below Their Intrinsic Value Estimate
Aug 01Financial Position Analysis
Short Term Liabilities: WCP's short term assets (CA$511.5M) do not cover its short term liabilities (CA$567.6M).
Long Term Liabilities: WCP's short term assets (CA$511.5M) do not cover its long term liabilities (CA$3.6B).
Debt to Equity History and Analysis
Debt Level: WCP's net debt to equity ratio (23.9%) is considered satisfactory.
Reducing Debt: WCP's debt to equity ratio has reduced from 38.9% to 24.8% over the past 5 years.
Debt Coverage: WCP's debt is well covered by operating cash flow (128.5%).
Interest Coverage: WCP's interest payments on its debt are well covered by EBIT (14.1x coverage).