Crescent Point Energy Balance Sheet Health
Financial Health criteria checks 3/6
Crescent Point Energy has a total shareholder equity of CA$6.9B and total debt of CA$3.6B, which brings its debt-to-equity ratio to 51.9%. Its total assets and total liabilities are CA$12.8B and CA$5.9B respectively. Crescent Point Energy's EBIT is CA$1.2B making its interest coverage ratio 9.1. It has cash and short-term investments of CA$17.3M.
Key information
51.9%
Debt to equity ratio
CA$3.57b
Debt
Interest coverage ratio | 9.1x |
Cash | CA$17.30m |
Equity | CA$6.87b |
Total liabilities | CA$5.91b |
Total assets | CA$12.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0UR7's short term assets (CA$1.1B) do not cover its short term liabilities (CA$1.4B).
Long Term Liabilities: 0UR7's short term assets (CA$1.1B) do not cover its long term liabilities (CA$4.5B).
Debt to Equity History and Analysis
Debt Level: 0UR7's net debt to equity ratio (51.7%) is considered high.
Reducing Debt: 0UR7's debt to equity ratio has reduced from 64.7% to 51.9% over the past 5 years.
Debt Coverage: 0UR7's debt is well covered by operating cash flow (61.6%).
Interest Coverage: 0UR7's interest payments on its debt are well covered by EBIT (9.1x coverage).