Lycos Energy Balance Sheet Health
Financial Health criteria checks 3/6
Lycos Energy has a total shareholder equity of CA$195.1M and total debt of CA$13.4M, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are CA$292.4M and CA$97.3M respectively. Lycos Energy's EBIT is CA$17.1M making its interest coverage ratio 16.4. It has cash and short-term investments of CA$3.8M.
Key information
6.8%
Debt to equity ratio
CA$13.36m
Debt
| Interest coverage ratio | 16.4x |
| Cash | CA$3.82m |
| Equity | CA$195.15m |
| Total liabilities | CA$97.28m |
| Total assets | CA$292.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: G4P0's short term assets (CA$20.9M) do not cover its short term liabilities (CA$53.0M).
Long Term Liabilities: G4P0's short term assets (CA$20.9M) do not cover its long term liabilities (CA$44.3M).
Debt to Equity History and Analysis
Debt Level: G4P0's net debt to equity ratio (4.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if G4P0's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: G4P0's debt is well covered by operating cash flow (289.6%).
Interest Coverage: G4P0's interest payments on its debt are well covered by EBIT (16.4x coverage).