Whitecap Resources Balance Sheet Health
Financial Health criteria checks 4/6
Whitecap Resources has a total shareholder equity of CA$5.4B and total debt of CA$1.4B, which brings its debt-to-equity ratio to 25.6%. Its total assets and total liabilities are CA$9.7B and CA$4.2B respectively. Whitecap Resources's EBIT is CA$979.5M making its interest coverage ratio 12.1. It has cash and short-term investments of CA$40.3M.
Key information
25.6%
Debt to equity ratio
CA$1.39b
Debt
Interest coverage ratio | 12.1x |
Cash | CA$40.30m |
Equity | CA$5.43b |
Total liabilities | CA$4.23b |
Total assets | CA$9.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: J6I's short term assets (CA$496.3M) do not cover its short term liabilities (CA$696.0M).
Long Term Liabilities: J6I's short term assets (CA$496.3M) do not cover its long term liabilities (CA$3.5B).
Debt to Equity History and Analysis
Debt Level: J6I's net debt to equity ratio (24.9%) is considered satisfactory.
Reducing Debt: J6I's debt to equity ratio has reduced from 39.9% to 25.6% over the past 5 years.
Debt Coverage: J6I's debt is well covered by operating cash flow (116.8%).
Interest Coverage: J6I's interest payments on its debt are well covered by EBIT (12.1x coverage).