Panoro Energy Balance Sheet Health
Financial Health criteria checks 4/6
Panoro Energy has a total shareholder equity of $236.0M and total debt of $69.5M, which brings its debt-to-equity ratio to 29.4%. Its total assets and total liabilities are $612.4M and $376.3M respectively. Panoro Energy's EBIT is $84.2M making its interest coverage ratio 6.5. It has cash and short-term investments of $27.8M.
Key information
29.4%
Debt to equity ratio
US$69.49m
Debt
Interest coverage ratio | 6.5x |
Cash | US$27.82m |
Equity | US$236.04m |
Total liabilities | US$376.34m |
Total assets | US$612.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0N08's short term assets ($109.7M) do not cover its short term liabilities ($115.3M).
Long Term Liabilities: 0N08's short term assets ($109.7M) do not cover its long term liabilities ($261.1M).
Debt to Equity History and Analysis
Debt Level: 0N08's net debt to equity ratio (17.7%) is considered satisfactory.
Reducing Debt: 0N08's debt to equity ratio has reduced from 62.3% to 29.4% over the past 5 years.
Debt Coverage: 0N08's debt is well covered by operating cash flow (114.9%).
Interest Coverage: 0N08's interest payments on its debt are well covered by EBIT (6.5x coverage).