Wolverine Energy and Infrastructure Balance Sheet Health
Financial Health criteria checks 2/6
Wolverine Energy and Infrastructure has a total shareholder equity of CA$9.6M and total debt of CA$82.6M, which brings its debt-to-equity ratio to 861.9%. Its total assets and total liabilities are CA$115.4M and CA$105.8M respectively.
Key information
861.9%
Debt to equity ratio
CA$82.56m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.44m |
| Equity | CA$9.58m |
| Total liabilities | CA$105.80m |
| Total assets | CA$115.38m |
Recent financial health updates
Is Wolverine Energy and Infrastructure (CVE:WEII) Using Debt In A Risky Way?
Nov 11
Does Wolverine Energy and Infrastructure (CVE:WEII) Have A Healthy Balance Sheet?
Jan 18Health Check: How Prudently Does Wolverine Energy and Infrastructure (CVE:WEII) Use Debt?
Aug 03Is Wolverine Energy and Infrastructure (CVE:WEII) Using Too Much Debt?
Jan 27Is Wolverine Energy and Infrastructure (CVE:WEII) Using Debt Sensibly?
Feb 08Recent updates
Is Wolverine Energy and Infrastructure (CVE:WEII) Using Debt In A Risky Way?
Nov 11Some Confidence Is Lacking In Wolverine Energy and Infrastructure Inc.'s (CVE:WEII) P/S
Apr 18Does Wolverine Energy and Infrastructure (CVE:WEII) Have A Healthy Balance Sheet?
Jan 18Health Check: How Prudently Does Wolverine Energy and Infrastructure (CVE:WEII) Use Debt?
Aug 03Is Wolverine Energy and Infrastructure (CVE:WEII) Using Too Much Debt?
Jan 27This Wolverine Energy and Infrastructure Inc. (CVE:WEII) Analyst Just Made A Notable 15% Cut To Their Forecasts
Dec 04Is Wolverine Energy and Infrastructure (CVE:WEII) Using Debt Sensibly?
Feb 08Is Wolverine Energy and Infrastructure Inc. (CVE:WEII) Expensive For A Reason? A Look At Its Intrinsic Value
Dec 17Financial Position Analysis
Short Term Liabilities: WEII.H's short term assets (CA$11.5M) do not cover its short term liabilities (CA$40.2M).
Long Term Liabilities: WEII.H's short term assets (CA$11.5M) do not cover its long term liabilities (CA$65.6M).
Debt to Equity History and Analysis
Debt Level: WEII.H's net debt to equity ratio (836.5%) is considered high.
Reducing Debt: WEII.H's debt to equity ratio has increased from 369.2% to 861.9% 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 WEII.H has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: WEII.H is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 37.3% per year.