ShaMaran Petroleum Balance Sheet Health
Financial Health criteria checks 3/6
ShaMaran Petroleum has a total shareholder equity of $139.5M and total debt of $207.5M, which brings its debt-to-equity ratio to 148.8%. Its total assets and total liabilities are $396.8M and $257.3M respectively. ShaMaran Petroleum's EBIT is $19.3M making its interest coverage ratio 0.7. It has cash and short-term investments of $38.7M.
Key information
148.8%
Debt to equity ratio
US$207.51m
Debt
| Interest coverage ratio | 0.7x |
| Cash | US$38.68m |
| Equity | US$139.50m |
| Total liabilities | US$257.29m |
| Total assets | US$396.78m |
Recent financial health updates
These 4 Measures Indicate That ShaMaran Petroleum (CVE:SNM) Is Using Debt Extensively
Sep 26
Is ShaMaran Petroleum (CVE:SNM) A Risky Investment?
Jan 26ShaMaran Petroleum (CVE:SNM) Has A Somewhat Strained Balance Sheet
Aug 02Recent updates
These 4 Measures Indicate That ShaMaran Petroleum (CVE:SNM) Is Using Debt Extensively
Sep 26ShaMaran Petroleum Corp.'s (CVE:SNM) 29% Jump Shows Its Popularity With Investors
May 31ShaMaran Petroleum Corp. (CVE:SNM) Stock Rockets 44% But Many Are Still Ignoring The Company
Mar 21Is ShaMaran Petroleum (CVE:SNM) A Risky Investment?
Jan 26ShaMaran Petroleum Corp. (CVE:SNM) Could Be Riskier Than It Looks
Dec 22If EPS Growth Is Important To You, ShaMaran Petroleum (CVE:SNM) Presents An Opportunity
Oct 14ShaMaran Petroleum Corp. (CVE:SNM) Might Not Be As Mispriced As It Looks
Jun 13Statutory Profit Doesn't Reflect How Good ShaMaran Petroleum's (CVE:SNM) Earnings Are
Aug 17ShaMaran Petroleum (CVE:SNM) Has A Somewhat Strained Balance Sheet
Aug 02What Type Of Returns Would ShaMaran Petroleum's(CVE:SNM) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Jan 19
Financial Position Analysis
Short Term Liabilities: SNM's short term assets ($87.3M) exceed its short term liabilities ($21.6M).
Long Term Liabilities: SNM's short term assets ($87.3M) do not cover its long term liabilities ($235.7M).
Debt to Equity History and Analysis
Debt Level: SNM's net debt to equity ratio (121%) is considered high.
Reducing Debt: SNM's debt to equity ratio has increased from 133.6% to 148.8% over the past 5 years.
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: Whilst unprofitable SNM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SNM is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 20.5% per year.