Source Energy Services Ltd.

DB:S4O0 Stock Report

Market Cap: €113.7m

Source Energy Services Balance Sheet Health

Financial Health criteria checks 2/6

Source Energy Services has a total shareholder equity of CA$179.6M and total debt of CA$156.3M, which brings its debt-to-equity ratio to 87%. Its total assets and total liabilities are CA$514.8M and CA$335.3M respectively.

Key information

87.0%

Debt to equity ratio

CA$156.26m

Debt

Interest coverage ratio1.8x
Cashn/a
EquityCA$179.57m
Total liabilitiesCA$335.26m
Total assetsCA$514.83m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: S4O0's short term assets (CA$158.0M) do not cover its short term liabilities (CA$266.2M).

Long Term Liabilities: S4O0's short term assets (CA$158.0M) exceed its long term liabilities (CA$69.1M).


Debt to Equity History and Analysis

Debt Level: S4O0's net debt to equity ratio (87%) is considered high.

Reducing Debt: S4O0's debt to equity ratio has increased from 67.9% to 87% over the past 5 years.

Debt Coverage: S4O0's debt is well covered by operating cash flow (57.1%).

Interest Coverage: S4O0's interest payments on its debt are not well covered by EBIT (1.8x coverage).


Balance Sheet


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