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

Does Razor Energy (CVE:RZE) Have A Healthy Balance Sheet?

Sep 27

Recent updates

Does Razor Energy (CVE:RZE) Have A Healthy Balance Sheet?

Sep 27

We Believe Razor Energy's (CVE:RZE) Earnings Are A Poor Guide For Its Profitability

Dec 01

We Think The Compensation For Razor Energy Corp.'s (CVE:RZE) CEO Looks About Right

Sep 16

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.

Razor Energy Balance Sheet Health

Financial Health criteria checks 1/6

Key information

Recent financial health updates

Does Razor Energy (CVE:RZE) Have A Healthy Balance Sheet?

Recent updates

Insufficient new directors

Razor Energy Corp. Ceases Processing Razor’s Swan Hills Natural Gas Production

Third quarter 2023 earnings released: CA$0.12 loss per share (vs CA$0.35 loss in 3Q 2022)

New major risk - Market cap size

Insufficient new directors

Razor Energy Corp., Annual General Meeting, Dec 14, 2023

Does Razor Energy (CVE:RZE) Have A Healthy Balance Sheet?

New minor risk - Financial position

Razor Energy Corp. has completed a Composite Units Offering.

Razor Energy Corp. Provides Alberta Wildfire Update and Production Impact

Now 25% undervalued after recent price drop

Investor sentiment improves as stock rises 26%

Investor sentiment deteriorates as stock falls 15%

Investor sentiment deteriorates as stock falls 15%

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

We Believe Razor Energy's (CVE:RZE) Earnings Are A Poor Guide For Its Profitability

Third quarter 2022 earnings released: CA$0.35 loss per share (vs CA$0.46 profit in 3Q 2021)

Founder & Director recently sold CA$225k worth of stock

Founder & Director recently sold CA$137k worth of stock

Investor sentiment improved over the past week

We Think The Compensation For Razor Energy Corp.'s (CVE:RZE) CEO Looks About Right

Second quarter 2022 earnings released: CA$0.09 loss per share (vs CA$0.26 loss in 2Q 2021)

Investor sentiment improved over the past week

Razor Energy Corp., Annual General Meeting, Sep 22, 2022

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

First quarter 2022 earnings released: CA$0.03 loss per share (vs CA$0.27 loss in 1Q 2021)

Razor Energy Corp. Announces Executive Changes

President exercised options to buy CA$119k worth of stock.

Razor Energy Corp. has completed a Follow-on Equity Offering in the amount of CAD 4.999999 million.

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS: CA$0.82 (vs CA$2.19 loss in FY 2020)

Insider recently sold CA$68k worth of stock

Insider recently sold CA$68k worth of stock

Insider recently sold CA$67k worth of stock

Razor Energy Corp. Announces 2021 Year-End Reserves and Operational Outlook

Razor Energy Corp. Announces 2021 Year-End Reserves and Operational Outlook

Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations

Razor Energy Corp. Provides Production Guidance for the Full Year 2021

Second quarter 2021 earnings released: CA$0.26 loss per share (vs CA$0.19 loss in 2Q 2020)

Razor Energy Corp. (TSXV:RZE) completed the acquisition of certain non-operated working interest assets in Swan Hills.

Razor Energy Corp. (TSXV:RZE) entered into a definitive agreement to acquire certain non-operated working interest assets in Swan Hills for CAD 5 million.

First quarter 2021 earnings released: CA$0.27 loss per share (vs CA$1.63 loss in 1Q 2020)

FutEra Power Corp., A Subsidiary of Razor Energy Corp. Announces It Is Entering the Project Execution Stage of Its Co-Produced Geothermal Power Project in Swan Hills, Alberta

Full year 2020 earnings released: CA$2.19 loss per share (vs CA$1.75 loss in FY 2019)

Third quarter 2020 earnings released: CA$0.087 loss per share

New 90-day high: CA$0.24

Razor Energy Corp. Announces Executive Changes

First half earnings released

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Discover healthy companies