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 $255.1M, which brings its debt-to-equity ratio to 182.9%. Its total assets and total liabilities are $440.4M and $300.9M respectively.
Key information
182.9%
Debt to equity ratio
US$255.07m
Debt
| Interest coverage ratio | n/a |
| Cash | US$46.23m |
| Equity | US$139.45m |
| Total liabilities | US$300.91m |
| Total assets | US$440.36m |
Recent financial health updates
Is ShaMaran Petroleum (CVE:SNM) A Risky Investment?
Jan 26
ShaMaran Petroleum (CVE:SNM) Has A Somewhat Strained Balance Sheet
Aug 02Recent updates
ShaMaran 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 ($118.8M) exceed its short term liabilities ($61.7M).
Long Term Liabilities: SNM's short term assets ($118.8M) do not cover its long term liabilities ($239.2M).
Debt to Equity History and Analysis
Debt Level: SNM's net debt to equity ratio (149.8%) is considered high.
Reducing Debt: SNM's debt to equity ratio has increased from 129.9% to 182.9% 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 23.6% per year.