Razor Energy Balance Sheet Health
Financial Health criteria checks 1/6
Razor Energy has a total shareholder equity of CA$368.0K and total debt of CA$20.4M, which brings its debt-to-equity ratio to 5544.6%. Its total assets and total liabilities are CA$166.3M and CA$166.0M respectively.
Key information
5,544.6%
Debt to equity ratio
CA$20.40m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.41m |
| Equity | CA$368.00k |
| Total liabilities | CA$165.96m |
| Total assets | CA$166.33m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: RZE.H's short term assets (CA$27.5M) do not cover its short term liabilities (CA$81.1M).
Long Term Liabilities: RZE.H's short term assets (CA$27.5M) do not cover its long term liabilities (CA$84.9M).
Debt to Equity History and Analysis
Debt Level: RZE.H's net debt to equity ratio (5162%) is considered high.
Reducing Debt: RZE.H's debt to equity ratio has increased from 359.7% to 5544.6% over the past 5 years.
Debt Coverage: RZE.H's debt is well covered by operating cash flow (93.4%).
Interest Coverage: Insufficient data to determine if RZE.H's interest payments on its debt are well covered by EBIT.