WesCan Energy Balance Sheet Health
Financial Health criteria checks 0/6
WesCan Energy has a total shareholder equity of CA$1.6M and total debt of CA$2.2M, which brings its debt-to-equity ratio to 134.1%. Its total assets and total liabilities are CA$6.0M and CA$4.4M respectively.
Key information
134.1%
Debt to equity ratio
CA$2.17m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$106.89k |
| Equity | CA$1.62m |
| Total liabilities | CA$4.35m |
| Total assets | CA$5.97m |
Recent financial health updates
No updates
Recent updates
Here's Why We Think WesCan Energy (CVE:WCE) Is Well Worth Watching
Jul 27
Subdued Growth No Barrier To WesCan Energy Corp. (CVE:WCE) With Shares Advancing 50%
Jun 21Benign Growth For WesCan Energy Corp. (CVE:WCE) Underpins Stock's 29% Plummet
Apr 30WesCan Energy Corp.'s (CVE:WCE) 33% Dip In Price Shows Sentiment Is Matching Earnings
Mar 08Shareholders Would Not Be Objecting To WesCan Energy Corp.'s (CVE:WCE) CEO Compensation And Here's Why
Sep 22A Look At The Fair Value Of WesCan Energy Corp. (CVE:WCE)
Sep 11How Much Is WesCan Energy Corp. (CVE:WCE) CEO Getting Paid?
Dec 23
Financial Position Analysis
Short Term Liabilities: WCE's short term assets (CA$512.1K) do not cover its short term liabilities (CA$1.2M).
Long Term Liabilities: WCE's short term assets (CA$512.1K) do not cover its long term liabilities (CA$3.1M).
Debt to Equity History and Analysis
Debt Level: WCE's net debt to equity ratio (127.5%) is considered high.
Reducing Debt: WCE's debt to equity ratio has increased from 27.8% to 134.1% over the past 5 years.
Debt Coverage: WCE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if WCE's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 11:51 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
WesCan Energy Corp. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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