Total Energy Services Balance Sheet Health
Financial Health criteria checks 6/6
Total Energy Services has a total shareholder equity of CA$530.8M and total debt of CA$93.0M, which brings its debt-to-equity ratio to 17.5%. Its total assets and total liabilities are CA$861.7M and CA$330.9M respectively. Total Energy Services's EBIT is CA$80.2M making its interest coverage ratio 4.6. It has cash and short-term investments of CA$47.9M.
Key information
17.5%
Debt to equity ratio
CA$93.00m
Debt
Interest coverage ratio | 4.6x |
Cash | CA$47.94m |
Equity | CA$530.76m |
Total liabilities | CA$330.90m |
Total assets | CA$861.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5O7's short term assets (CA$300.5M) exceed its short term liabilities (CA$177.0M).
Long Term Liabilities: 5O7's short term assets (CA$300.5M) exceed its long term liabilities (CA$153.9M).
Debt to Equity History and Analysis
Debt Level: 5O7's net debt to equity ratio (8.5%) is considered satisfactory.
Reducing Debt: 5O7's debt to equity ratio has reduced from 51% to 17.5% over the past 5 years.
Debt Coverage: 5O7's debt is well covered by operating cash flow (156.9%).
Interest Coverage: 5O7's interest payments on its debt are well covered by EBIT (4.6x coverage).