Orca Energy Group Balance Sheet Health
Financial Health criteria checks 6/6
Orca Energy Group has a total shareholder equity of $88.7M and total debt of $40.0M, which brings its debt-to-equity ratio to 45.1%. Its total assets and total liabilities are $215.4M and $126.8M respectively. Orca Energy Group's EBIT is $43.1M making its interest coverage ratio 7.2. It has cash and short-term investments of $101.6M.
Key information
45.1%
Debt to equity ratio
US$39.96m
Debt
| Interest coverage ratio | 7.2x |
| Cash | US$101.57m |
| Equity | US$88.68m |
| Total liabilities | US$126.75m |
| Total assets | US$215.43m |
Recent financial health updates
Orca Energy Group (CVE:ORC.B) Seems To Use Debt Quite Sensibly
Mar 22
We Think Orca Energy Group (CVE:ORC.B) Can Stay On Top Of Its Debt
Dec 09
Does Orca Energy Group (CVE:ORC.B) Have A Healthy Balance Sheet?
Aug 12Recent updates
Orca Energy Group's (CVE:ORC.B) Dividend Will Be $0.10
Dec 14Orca Energy Group (CVE:ORC.B) Is Due To Pay A Dividend Of $0.10
Nov 18Orca Energy Group (CVE:ORC.B) Is Paying Out A Dividend Of $0.10
Jun 09Orca Energy Group (CVE:ORC.B) Will Pay A Dividend Of $0.10
May 26Orca Energy Group (CVE:ORC.B) Has Announced A Dividend Of $0.10
Mar 02Orca Energy Group (CVE:ORC.B) Is Due To Pay A Dividend Of $0.10
Nov 29Orca Energy Group's (CVE:ORC.B) Dividend Will Be CA$0.10
May 31Are You An Income Investor? Don't Miss Out On Orca Energy Group Inc. (CVE:ORC.B)
Apr 13Orca Energy Group (CVE:ORC.B) Seems To Use Debt Quite Sensibly
Mar 22Here's Why I Think Orca Energy Group (CVE:ORC.B) Might Deserve Your Attention Today
Mar 04Orca Energy Group (CVE:ORC.B) Has Compensated Shareholders With A Respectable 83% Return On Their Investment
Feb 13Orca Energy Group Inc.'s (CVE:ORC.B) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
Jan 26How Does Orca Energy Group Inc. (CVE:ORC.B) Fare As A Dividend Stock?
Jan 04Is There More To The Story Than Orca Energy Group's (CVE:ORC.B) Earnings Growth?
Dec 22We Think Orca Energy Group (CVE:ORC.B) Can Stay On Top Of Its Debt
Dec 09Calculating The Intrinsic Value Of Orca Energy Group Inc. (CVE:ORC.B)
Nov 26Shareholders Of Orca Energy Group (CVE:ORC.B) Must Be Happy With Their 95% Return
Aug 12Does Orca Energy Group (CVE:ORC.B) Have A Healthy Balance Sheet?
Aug 12With EPS Growth And More, Orca Exploration Group (CVE:ORC.B) Is Interesting
Jul 10Is It Smart To Buy Orca Exploration Group Inc. (CVE:ORC.B) Before It Goes Ex-Dividend?
Jun 25Financial Position Analysis
Short Term Liabilities: ORC.B's short term assets ($136.0M) exceed its short term liabilities ($68.7M).
Long Term Liabilities: ORC.B's short term assets ($136.0M) exceed its long term liabilities ($58.0M).
Debt to Equity History and Analysis
Debt Level: ORC.B has more cash than its total debt.
Reducing Debt: ORC.B's debt to equity ratio has reduced from 62.6% to 45.1% over the past 5 years.
Debt Coverage: ORC.B's debt is well covered by operating cash flow (121.3%).
Interest Coverage: ORC.B's interest payments on its debt are well covered by EBIT (7.2x coverage).