Southern Energy Balance Sheet Health
Financial Health criteria checks 1/6
Southern Energy has a total shareholder equity of $25.8M and total debt of $20.5M, which brings its debt-to-equity ratio to 79.5%. Its total assets and total liabilities are $67.3M and $41.5M respectively.
Key information
79.5%
Debt to equity ratio
US$20.51m
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.11m |
| Equity | US$25.81m |
| Total liabilities | US$41.49m |
| Total assets | US$67.31m |
Recent financial health updates
These 4 Measures Indicate That Southern Energy (CVE:SOU) Is Using Debt Reasonably Well
May 19
Is Southern Energy (CVE:SOU) A Risky Investment?
Jan 05Southern Energy (CVE:SOU) Takes On Some Risk With Its Use Of Debt
Sep 28Recent updates
Fewer Investors Than Expected Jumping On Southern Energy Corp. (CVE:SOU)
Apr 17These 4 Measures Indicate That Southern Energy (CVE:SOU) Is Using Debt Reasonably Well
May 19Is Southern Energy (CVE:SOU) A Risky Investment?
Jan 05Southern Energy Corp.'s (CVE:SOU) 38% Price Boost Is Out Of Tune With Earnings
Sep 05We Think Shareholders Should Be Aware Of Some Factors Beyond Southern Energy's (CVE:SOU) Profit
Apr 28Is There An Opportunity With Southern Energy Corp.'s (CVE:SOU) 46% Undervaluation?
Mar 10Southern Energy (CVE:SOU) Takes On Some Risk With Its Use Of Debt
Sep 28Financial Position Analysis
Short Term Liabilities: SOU's short term assets ($7.4M) do not cover its short term liabilities ($19.9M).
Long Term Liabilities: SOU's short term assets ($7.4M) do not cover its long term liabilities ($21.6M).
Debt to Equity History and Analysis
Debt Level: SOU's net debt to equity ratio (67.4%) is considered high.
Reducing Debt: SOU's debt to equity ratio has reduced from 111.1% to 79.5% 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: Insufficient data to determine if SOU has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SOU has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.