Bonterra Energy Balance Sheet Health
Financial Health criteria checks 4/6
Bonterra Energy has a total shareholder equity of CA$528.3M and total debt of CA$139.4M, which brings its debt-to-equity ratio to 26.4%. Its total assets and total liabilities are CA$967.9M and CA$439.6M respectively. Bonterra Energy's EBIT is CA$82.6M making its interest coverage ratio 3.4. It has cash and short-term investments of CA$1.6M.
Key information
26.4%
Debt to equity ratio
CA$139.43m
Debt
Interest coverage ratio | 3.4x |
Cash | CA$1.63m |
Equity | CA$528.26m |
Total liabilities | CA$439.61m |
Total assets | CA$967.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QNC1's short term assets (CA$37.2M) do not cover its short term liabilities (CA$57.1M).
Long Term Liabilities: QNC1's short term assets (CA$37.2M) do not cover its long term liabilities (CA$382.5M).
Debt to Equity History and Analysis
Debt Level: QNC1's net debt to equity ratio (26.1%) is considered satisfactory.
Reducing Debt: QNC1's debt to equity ratio has reduced from 66.3% to 26.4% over the past 5 years.
Debt Coverage: QNC1's debt is well covered by operating cash flow (100.5%).
Interest Coverage: QNC1's interest payments on its debt are well covered by EBIT (3.4x coverage).