Stampede Drilling Balance Sheet Health
Financial Health criteria checks 4/6
Stampede Drilling has a total shareholder equity of CA$88.3M and total debt of CA$19.6M, which brings its debt-to-equity ratio to 22.2%. Its total assets and total liabilities are CA$118.6M and CA$30.2M respectively. Stampede Drilling's EBIT is CA$12.4M making its interest coverage ratio 6.3. It has cash and short-term investments of CA$3.5M.
Key information
22.2%
Debt to equity ratio
CA$19.64m
Debt
| Interest coverage ratio | 6.3x |
| Cash | CA$3.52m |
| Equity | CA$88.33m |
| Total liabilities | CA$30.24m |
| Total assets | CA$118.57m |
Recent financial health updates
Does Stampede Drilling (CVE:SDI) Have A Healthy Balance Sheet?
Oct 07
Is Stampede Drilling (CVE:SDI) A Risky Investment?
May 25Is Stampede Drilling (CVE:SDI) A Risky Investment?
Dec 10Stampede Drilling (CVE:SDI) Is Carrying A Fair Bit Of Debt
Aug 27Here's Why Stampede Drilling (CVE:SDI) Can Afford Some Debt
Mar 29Stampede Drilling (CVE:SDI) Is Making Moderate Use Of Debt
Dec 14Recent updates
We Like Stampede Drilling's (CVE:SDI) Earnings For More Than Just Statutory Profit
Mar 22Market Still Lacking Some Conviction On Stampede Drilling Inc. (CVE:SDI)
Feb 02Are Investors Undervaluing Stampede Drilling Inc. (CVE:SDI) By 20%?
Dec 13Does Stampede Drilling (CVE:SDI) Have A Healthy Balance Sheet?
Oct 07Does Stampede Drilling (CVE:SDI) Deserve A Spot On Your Watchlist?
Mar 15Unpleasant Surprises Could Be In Store For Stampede Drilling Inc.'s (CVE:SDI) Shares
Feb 07Is Stampede Drilling (CVE:SDI) A Risky Investment?
May 25Stampede Drilling (CVE:SDI) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Mar 31Is Stampede Drilling (CVE:SDI) A Risky Investment?
Dec 10Stampede Drilling (CVE:SDI) Is Carrying A Fair Bit Of Debt
Aug 27Most Shareholders Will Probably Find That The Compensation For Stampede Drilling Inc.'s (CVE:SDI) CEO Is Reasonable
May 12Here's Why Stampede Drilling (CVE:SDI) Can Afford Some Debt
Mar 29Stampede Drilling (CVE:SDI) Is Making Moderate Use Of Debt
Dec 14Financial Position Analysis
Short Term Liabilities: SDI's short term assets (CA$17.9M) exceed its short term liabilities (CA$12.0M).
Long Term Liabilities: SDI's short term assets (CA$17.9M) do not cover its long term liabilities (CA$18.3M).
Debt to Equity History and Analysis
Debt Level: SDI's net debt to equity ratio (18.3%) is considered satisfactory.
Reducing Debt: SDI's debt to equity ratio has increased from 16.3% to 22.2% over the past 5 years.
Debt Coverage: SDI's debt is well covered by operating cash flow (105.3%).
Interest Coverage: SDI's interest payments on its debt are well covered by EBIT (6.3x coverage).