Crescent Point Energy Balance Sheet Health
Financial Health criteria checks 4/6
Crescent Point Energy has a total shareholder equity of CA$6.4B and total debt of CA$3.6B, which brings its debt-to-equity ratio to 56.3%. Its total assets and total liabilities are CA$12.0B and CA$5.7B respectively. Crescent Point Energy's EBIT is CA$1.0B making its interest coverage ratio 5.7. It has cash and short-term investments of CA$21.8M.
Key information
56.3%
Debt to equity ratio
CA$3.59b
Debt
Interest coverage ratio | 5.7x |
Cash | CA$21.80m |
Equity | CA$6.38b |
Total liabilities | CA$5.66b |
Total assets | CA$12.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 016's short term assets (CA$1.4B) exceed its short term liabilities (CA$1.3B).
Long Term Liabilities: 016's short term assets (CA$1.4B) do not cover its long term liabilities (CA$4.3B).
Debt to Equity History and Analysis
Debt Level: 016's net debt to equity ratio (56%) is considered high.
Reducing Debt: 016's debt to equity ratio has reduced from 63.4% to 56.3% over the past 5 years.
Debt Coverage: 016's debt is well covered by operating cash flow (59.4%).
Interest Coverage: 016's interest payments on its debt are well covered by EBIT (5.7x coverage).