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TransGlobe Energy Balance Sheet Health
Financial Health criteria checks 6/6
Key information
1.2%
Debt to equity ratio
US$3.10m
Debt
| Interest coverage ratio | 92.5x |
| Cash | US$61.18m |
| Equity | US$250.23m |
| Total liabilities | US$104.61m |
| Total assets | US$354.84m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRP's short term assets ($141.3M) exceed its short term liabilities ($62.7M).
Long Term Liabilities: TRP's short term assets ($141.3M) exceed its long term liabilities ($42.0M).
Debt to Equity History and Analysis
Debt Level: TRP has more cash than its total debt.
Reducing Debt: TRP's debt to equity ratio has reduced from 38.8% to 1.2% over the past 5 years.
Debt Coverage: TRP's debt is well covered by operating cash flow (1401%).
Interest Coverage: TRP's interest payments on its debt are well covered by EBIT (92.5x coverage).