Serica Energy Balance Sheet Health
Financial Health criteria checks 5/6
Serica Energy has a total shareholder equity of $831.9M and total debt of $218.9M, which brings its debt-to-equity ratio to 26.3%. Its total assets and total liabilities are $1.6B and $762.1M respectively. Serica Energy's EBIT is $335.7M making its interest coverage ratio 50.2. It has cash and short-term investments of $362.2M.
Key information
26.3%
Debt to equity ratio
US$218.89m
Debt
| Interest coverage ratio | 50.2x |
| Cash | US$362.20m |
| Equity | US$831.89m |
| Total liabilities | US$762.05m |
| Total assets | US$1.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A3P's short term assets ($547.0M) exceed its short term liabilities ($323.0M).
Long Term Liabilities: A3P's short term assets ($547.0M) exceed its long term liabilities ($439.0M).
Debt to Equity History and Analysis
Debt Level: A3P has more cash than its total debt.
Reducing Debt: A3P's debt to equity ratio has increased from 0% to 26.3% over the past 5 years.
Debt Coverage: A3P's debt is well covered by operating cash flow (87.8%).
Interest Coverage: A3P's interest payments on its debt are well covered by EBIT (50.2x coverage).