Hemisphere Energy Balance Sheet Health
Financial Health criteria checks 5/6
Hemisphere Energy has a total shareholder equity of CA$71.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$100.6M and CA$28.8M respectively. Hemisphere Energy's EBIT is CA$40.2M making its interest coverage ratio 78.3. It has cash and short-term investments of CA$9.1M.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | 78.3x |
| Cash | CA$9.06m |
| Equity | CA$71.76m |
| Total liabilities | CA$28.84m |
| Total assets | CA$100.60m |
Recent financial health updates
We Think Hemisphere Energy (CVE:HME) Can Manage Its Debt With Ease
Jun 08
We Think Hemisphere Energy (CVE:HME) Can Stay On Top Of Its Debt
Feb 03Hemisphere Energy (CVE:HME) Has A Somewhat Strained Balance Sheet
Aug 18These 4 Measures Indicate That Hemisphere Energy (CVE:HME) Is Using Debt Extensively
May 12Is Hemisphere Energy (CVE:HME) A Risky Investment?
Jan 26
Recent updates
Hemisphere Energy (CVE:HME) Is Due To Pay A Dividend Of CA$0.025
Aug 23Hemisphere Energy (CVE:HME) Has Affirmed Its Dividend Of CA$0.025
Jan 30Hemisphere Energy (CVE:HME) Is Due To Pay A Dividend Of CA$0.025
Aug 28Here's Why We Think Hemisphere Energy (CVE:HME) Is Well Worth Watching
Mar 04We Think Hemisphere Energy (CVE:HME) Can Manage Its Debt With Ease
Jun 08We Think Hemisphere Energy (CVE:HME) Can Stay On Top Of Its Debt
Feb 03Hemisphere Energy (CVE:HME) Is Looking To Continue Growing Its Returns On Capital
Nov 24Hemisphere Energy (CVE:HME) Has A Somewhat Strained Balance Sheet
Aug 18Here's Why Shareholders Will Not Be Complaining About Hemisphere Energy Corporation's (CVE:HME) CEO Pay Packet
Jun 09These 4 Measures Indicate That Hemisphere Energy (CVE:HME) Is Using Debt Extensively
May 12Will The ROCE Trend At Hemisphere Energy (CVE:HME) Continue?
Mar 20Is Hemisphere Energy (CVE:HME) A Risky Investment?
Jan 26Is There More Growth In Store For Hemisphere Energy's (CVE:HME) Returns On Capital?
Dec 02Financial Position Analysis
Short Term Liabilities: HME's short term assets (CA$20.2M) exceed its short term liabilities (CA$5.1M).
Long Term Liabilities: HME's short term assets (CA$20.2M) do not cover its long term liabilities (CA$23.8M).
Debt to Equity History and Analysis
Debt Level: HME is debt free.
Reducing Debt: HME has no debt compared to 5 years ago when its debt to equity ratio was 178%.
Debt Coverage: HME has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HME has no debt, therefore coverage of interest payments is not a concern.