Seplat Energy Balance Sheet Health
Financial Health criteria checks 4/6
Seplat Energy has a total shareholder equity of $1.8B and total debt of $737.8M, which brings its debt-to-equity ratio to 41.5%. Its total assets and total liabilities are $3.2B and $1.4B respectively. Seplat Energy's EBIT is $299.2M making its interest coverage ratio 5.8. It has cash and short-term investments of $371.8M.
Key information
41.5%
Debt to equity ratio
US$737.82m
Debt
| Interest coverage ratio | 5.8x |
| Cash | US$371.79m |
| Equity | US$1.78b |
| Total liabilities | US$1.44b |
| Total assets | US$3.22b |
Recent financial health updates
These 4 Measures Indicate That Seplat Energy (LON:SEPL) Is Using Debt Reasonably Well
Jul 31
These 4 Measures Indicate That Seplat Energy (LON:SEPL) Is Using Debt Extensively
Feb 09Seplat Energy (LON:SEPL) Has A Somewhat Strained Balance Sheet
Jul 08Is Seplat Energy (LON:SEPL) Using Too Much Debt?
Mar 04These 4 Measures Indicate That Seplat Energy (LON:SEPL) Is Using Debt Reasonably Well
Sep 24Here's Why Seplat Energy (LON:SEPL) Can Manage Its Debt Responsibly
Jun 16Recent updates
These 4 Measures Indicate That Seplat Energy (LON:SEPL) Is Using Debt Reasonably Well
Jul 31Seplat Energy Plc (LON:SEPL) Looks Just Right With A 38% Price Jump
Jun 01These 4 Measures Indicate That Seplat Energy (LON:SEPL) Is Using Debt Extensively
Feb 09Is Seplat Energy Plc (LON:SEPL) Trading At A 46% Discount?
Sep 15Seplat Energy (LON:SEPL) Has A Somewhat Strained Balance Sheet
Jul 08Is Seplat Energy (LON:SEPL) Using Too Much Debt?
Mar 04These 4 Measures Indicate That Seplat Energy (LON:SEPL) Is Using Debt Reasonably Well
Sep 24Here's Why Seplat Energy (LON:SEPL) Can Manage Its Debt Responsibly
Jun 16Forecast: Analysts Think Seplat Energy Plc's (LON:SEPL) Business Prospects Have Improved Drastically
Mar 23Does Seplat Energy (LON:SEPL) Have A Healthy Balance Sheet?
Feb 21Here's Why Seplat Petroleum Development (LON:SEPL) Has A Meaningful Debt Burden
Oct 30Seplat Petroleum Development (LON:SEPL) Has A Somewhat Strained Balance Sheet
Jul 02Financial Position Analysis
Short Term Liabilities: SEPL's short term assets ($799.2M) exceed its short term liabilities ($540.6M).
Long Term Liabilities: SEPL's short term assets ($799.2M) do not cover its long term liabilities ($897.7M).
Debt to Equity History and Analysis
Debt Level: SEPL's net debt to equity ratio (20.6%) is considered satisfactory.
Reducing Debt: SEPL's debt to equity ratio has increased from 20.6% to 41.5% over the past 5 years.
Debt Coverage: SEPL's debt is well covered by operating cash flow (55.3%).
Interest Coverage: SEPL's interest payments on its debt are well covered by EBIT (5.8x coverage).