Whitecap Resources Balance Sheet Health
Financial Health criteria checks 4/6
Whitecap Resources has a total shareholder equity of CA$5.6B and total debt of CA$1.1B, which brings its debt-to-equity ratio to 19.5%. Its total assets and total liabilities are CA$9.8B and CA$4.2B respectively. Whitecap Resources's EBIT is CA$1.2B making its interest coverage ratio 12.6. It has cash and short-term investments of CA$35.8M.
Key information
19.5%
Debt to equity ratio
CA$1.10b
Debt
| Interest coverage ratio | 12.6x |
| Cash | CA$35.80m |
| Equity | CA$5.63b |
| Total liabilities | CA$4.20b |
| Total assets | CA$9.83b |
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 15Recent updates
Whitecap Resources (TSE:WCP) Has Affirmed Its Dividend Of CA$0.0608
Dec 20Whitecap Resources' (TSE:WCP) Dividend Will Be CA$0.0608
Nov 19Whitecap Resources' (TSE:WCP) Dividend Will Be CA$0.0608
Oct 25Whitecap 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 21Financial Position Analysis
Short Term Liabilities: WCP's short term assets (CA$679.9M) do not cover its short term liabilities (CA$775.0M).
Long Term Liabilities: WCP's short term assets (CA$679.9M) do not cover its long term liabilities (CA$3.4B).
Debt to Equity History and Analysis
Debt Level: WCP's net debt to equity ratio (18.8%) is considered satisfactory.
Reducing Debt: WCP's debt to equity ratio has reduced from 36.5% to 19.5% over the past 5 years.
Debt Coverage: WCP's debt is well covered by operating cash flow (172.5%).
Interest Coverage: WCP's interest payments on its debt are well covered by EBIT (12.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:46 |
| End of Day Share Price | 2024/12/20 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 here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
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 .
Analyst Sources
Whitecap Resources Inc. is covered by 31 analysts. 4 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 |
| Dale Lewko | Barclays |
| Grant Hofer | Barclays |