CGX Energy Financial Health

How is CGX Energy's financial position?

Financial Health Score


Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: OYL's short term assets ($16.5M) do not cover its short term liabilities ($110.4M).

Long Term Liabilities: OYL has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: OYL's net debt to equity ratio (63.1%) is considered high.

Reducing Debt: OYL had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

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: OYL has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: OYL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 55.6% each year

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