Total Energy Services Balance Sheet Health
Financial Health criteria checks 6/6
Total Energy Services has a total shareholder equity of CA$561.2M and total debt of CA$136.5M, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are CA$963.7M and CA$402.5M respectively. Total Energy Services's EBIT is CA$82.5M making its interest coverage ratio 4.4. It has cash and short-term investments of CA$61.9M.
Key information
24.3%
Debt to equity ratio
CA$136.46m
Debt
| Interest coverage ratio | 4.4x |
| Cash | CA$61.88m |
| Equity | CA$561.21m |
| Total liabilities | CA$402.53m |
| Total assets | CA$963.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5O7's short term assets (CA$342.3M) exceed its short term liabilities (CA$245.0M).
Long Term Liabilities: 5O7's short term assets (CA$342.3M) exceed its long term liabilities (CA$157.5M).
Debt to Equity History and Analysis
Debt Level: 5O7's net debt to equity ratio (13.3%) is considered satisfactory.
Reducing Debt: 5O7's debt to equity ratio has reduced from 52.3% to 24.3% over the past 5 years.
Debt Coverage: 5O7's debt is well covered by operating cash flow (130.1%).
Interest Coverage: 5O7's interest payments on its debt are well covered by EBIT (4.4x coverage).