PrairieSky Royalty Balance Sheet Health
Financial Health criteria checks 3/6
PrairieSky Royalty has a total shareholder equity of CA$2.8B and total debt of CA$174.6M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are CA$3.3B and CA$562.0M respectively.
Key information
6.3%
Debt to equity ratio
CA$174.60m
Debt
Interest coverage ratio | 18x |
Cash | n/a |
Equity | CA$2.75b |
Total liabilities | CA$562.00m |
Total assets | CA$3.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7PS's short term assets (CA$98.7M) do not cover its short term liabilities (CA$307.0M).
Long Term Liabilities: 7PS's short term assets (CA$98.7M) do not cover its long term liabilities (CA$255.0M).
Debt to Equity History and Analysis
Debt Level: 7PS's net debt to equity ratio (6.3%) is considered satisfactory.
Reducing Debt: 7PS's debt to equity ratio has increased from 0.7% to 6.3% over the past 5 years.
Debt Coverage: 7PS's debt is well covered by operating cash flow (218.4%).
Interest Coverage: 7PS's interest payments on its debt are well covered by EBIT (18x coverage).