Panoro Energy Balance Sheet Health
Financial Health criteria checks 4/6
Panoro Energy has a total shareholder equity of $234.6M and total debt of $69.3M, which brings its debt-to-equity ratio to 29.5%. Its total assets and total liabilities are $631.9M and $397.2M respectively. Panoro Energy's EBIT is $78.8M making its interest coverage ratio 8.9. It has cash and short-term investments of $47.0M.
Key information
29.5%
Debt to equity ratio
US$69.29m
Debt
| Interest coverage ratio | 8.9x |
| Cash | US$47.00m |
| Equity | US$234.64m |
| Total liabilities | US$397.22m |
| Total assets | US$631.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PENo's short term assets ($124.5M) do not cover its short term liabilities ($127.1M).
Long Term Liabilities: PENo's short term assets ($124.5M) do not cover its long term liabilities ($270.1M).
Debt to Equity History and Analysis
Debt Level: PENo's net debt to equity ratio (9.5%) is considered satisfactory.
Reducing Debt: PENo's debt to equity ratio has reduced from 66.2% to 29.5% over the past 5 years.
Debt Coverage: PENo's debt is well covered by operating cash flow (165.1%).
Interest Coverage: PENo's interest payments on its debt are well covered by EBIT (8.9x coverage).