Kiwetinohk Energy Balance Sheet Health
Financial Health criteria checks 3/6
Kiwetinohk Energy has a total shareholder equity of CA$696.4M and total debt of CA$189.2M, which brings its debt-to-equity ratio to 27.2%. Its total assets and total liabilities are CA$1.1B and CA$386.8M respectively. Kiwetinohk Energy's EBIT is CA$74.0M making its interest coverage ratio 3.5. It has cash and short-term investments of CA$561.0K.
Key information
27.2%
Debt to equity ratio
CA$189.18m
Debt
| Interest coverage ratio | 3.5x |
| Cash | CA$561.00k |
| Equity | CA$696.38m |
| Total liabilities | CA$386.76m |
| Total assets | CA$1.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: Y9B's short term assets (CA$55.7M) do not cover its short term liabilities (CA$82.5M).
Long Term Liabilities: Y9B's short term assets (CA$55.7M) do not cover its long term liabilities (CA$304.2M).
Debt to Equity History and Analysis
Debt Level: Y9B's net debt to equity ratio (27.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if Y9B's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: Y9B's debt is well covered by operating cash flow (135.1%).
Interest Coverage: Y9B's interest payments on its debt are well covered by EBIT (3.5x coverage).