Yangarra Resources Balance Sheet Health
Financial Health criteria checks 4/6
Yangarra Resources has a total shareholder equity of CA$536.6M and total debt of CA$121.1M, which brings its debt-to-equity ratio to 22.6%. Its total assets and total liabilities are CA$835.2M and CA$298.6M respectively. Yangarra Resources's EBIT is CA$68.6M making its interest coverage ratio 5.5. It has cash and short-term investments of CA$3.5M.
Key information
22.6%
Debt to equity ratio
CA$121.06m
Debt
| Interest coverage ratio | 5.5x |
| Cash | CA$3.50m |
| Equity | CA$536.60m |
| Total liabilities | CA$298.62m |
| Total assets | CA$835.22m |
Recent financial health updates
Is Yangarra Resources (TSE:YGR) A Risky Investment?
Nov 09
We Think Yangarra Resources (TSE:YGR) Is Taking Some Risk With Its Debt
Mar 16Is Yangarra Resources (TSE:YGR) Using Too Much Debt?
Sep 02Does Yangarra Resources (TSE:YGR) Have A Healthy Balance Sheet?
May 27Is Yangarra Resources (TSE:YGR) A Risky Investment?
Dec 28These 4 Measures Indicate That Yangarra Resources (TSE:YGR) Is Using Debt In A Risky Way
Jul 21Recent updates
Why Yangarra Resources' (TSE:YGR) Shaky Earnings Are Just The Beginning Of Its Problems
Mar 15Yangarra Resources (TSE:YGR) Shareholders Will Want The ROCE Trajectory To Continue
Dec 12Is Yangarra Resources (TSE:YGR) A Risky Investment?
Nov 09Yangarra Resources (TSE:YGR) Is Experiencing Growth In Returns On Capital
Sep 02Investors Shouldn't Be Too Comfortable With Yangarra Resources' (TSE:YGR) Robust Earnings
May 04We Think Yangarra Resources (TSE:YGR) Is Taking Some Risk With Its Debt
Mar 16If EPS Growth Is Important To You, Yangarra Resources (TSE:YGR) Presents An Opportunity
Feb 22Yangarra Resources (TSE:YGR) Is Experiencing Growth In Returns On Capital
Sep 26Is Yangarra Resources (TSE:YGR) Using Too Much Debt?
Sep 02We Ran A Stock Scan For Earnings Growth And Yangarra Resources (TSE:YGR) Passed With Ease
Aug 12Yangarra Resources (TSE:YGR) Is Doing The Right Things To Multiply Its Share Price
Jun 23Does Yangarra Resources (TSE:YGR) Have A Healthy Balance Sheet?
May 27Returns Are Gaining Momentum At Yangarra Resources (TSE:YGR)
Mar 02Is Yangarra Resources (TSE:YGR) A Risky Investment?
Dec 28Returns At Yangarra Resources (TSE:YGR) Are On The Way Up
Sep 15These 4 Measures Indicate That Yangarra Resources (TSE:YGR) Is Using Debt In A Risky Way
Jul 21Yangarra Resources (TSE:YGR) Is Experiencing Growth In Returns On Capital
May 27Here's Why It's Unlikely That Yangarra Resources Ltd.'s (TSE:YGR) CEO Will See A Pay Rise This Year
Apr 23Yangarra Resources Ltd.'s (TSE:YGR) Intrinsic Value Is Potentially 96% Above Its Share Price
Apr 01Here's Why Yangarra Resources (TSE:YGR) Is Weighed Down By Its Debt Load
Feb 25Does Yangarra Resources' (TSE:YGR) Share Price Gain of 93% Match Its Business Performance?
Jan 21A Look At The Intrinsic Value Of Yangarra Resources Ltd. (TSE:YGR)
Nov 20
Financial Position Analysis
Short Term Liabilities: YGR's short term assets (CA$39.6M) do not cover its short term liabilities (CA$40.3M).
Long Term Liabilities: YGR's short term assets (CA$39.6M) do not cover its long term liabilities (CA$258.3M).
Debt to Equity History and Analysis
Debt Level: YGR's net debt to equity ratio (21.9%) is considered satisfactory.
Reducing Debt: YGR's debt to equity ratio has reduced from 52.7% to 22.6% over the past 5 years.
Debt Coverage: YGR's debt is well covered by operating cash flow (81.8%).
Interest Coverage: YGR's interest payments on its debt are well covered by EBIT (5.5x coverage).