Crown Point Energy Balance Sheet Health
Financial Health criteria checks 0/6
Crown Point Energy has a total shareholder equity of $17.8M and total debt of $29.3M, which brings its debt-to-equity ratio to 164.1%. Its total assets and total liabilities are $67.8M and $50.0M respectively.
Key information
164.1%
Debt to equity ratio
US$29.27m
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.86m |
| Equity | US$17.83m |
| Total liabilities | US$49.95m |
| Total assets | US$67.79m |
Recent financial health updates
Crown Point Energy (CVE:CWV) Has A Somewhat Strained Balance Sheet
Jun 15
Here's Why Crown Point Energy (CVE:CWV) Has A Meaningful Debt Burden
Jan 29Is Crown Point Energy (CVE:CWV) Using Too Much Debt?
Oct 07Crown Point Energy (CVE:CWV) Has Debt But No Earnings; Should You Worry?
May 14Health Check: How Prudently Does Crown Point Energy (CVE:CWV) Use Debt?
Jan 23
Recent updates
Crown Point Energy Inc.'s (CVE:CWV) Shares Leap 80% Yet They're Still Not Telling The Full Story
Dec 18Crown Point Energy (CVE:CWV) Has A Somewhat Strained Balance Sheet
Jun 15Here's Why Crown Point Energy (CVE:CWV) Has A Meaningful Debt Burden
Jan 29Is Crown Point Energy (CVE:CWV) Using Too Much Debt?
Oct 07Crown Point Energy (CVE:CWV) Has Debt But No Earnings; Should You Worry?
May 14Health Check: How Prudently Does Crown Point Energy (CVE:CWV) Use Debt?
Jan 23Would Shareholders Who Purchased Crown Point Energy's (CVE:CWV) Stock Year Be Happy With The Share price Today?
Nov 25Financial Position Analysis
Short Term Liabilities: CWV's short term assets ($7.6M) do not cover its short term liabilities ($19.4M).
Long Term Liabilities: CWV's short term assets ($7.6M) do not cover its long term liabilities ($30.5M).
Debt to Equity History and Analysis
Debt Level: CWV's net debt to equity ratio (148.1%) is considered high.
Reducing Debt: CWV's debt to equity ratio has increased from 3.5% to 164.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CWV has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CWV has less than a year of cash runway if free cash flow continues to reduce at historical rates of 51.4% each year