Frontera Energy Balance Sheet Health
Financial Health criteria checks 5/6
Frontera Energy has a total shareholder equity of $1.8B and total debt of $523.7M, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are $3.0B and $1.2B respectively. Frontera Energy's EBIT is $187.0M making its interest coverage ratio 4.5. It has cash and short-term investments of $154.9M.
Key information
28.8%
Debt to equity ratio
US$523.73m
Debt
Interest coverage ratio | 4.5x |
Cash | US$154.91m |
Equity | US$1.82b |
Total liabilities | US$1.20b |
Total assets | US$3.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FEC N's short term assets ($568.7M) exceed its short term liabilities ($561.9M).
Long Term Liabilities: FEC N's short term assets ($568.7M) do not cover its long term liabilities ($637.9M).
Debt to Equity History and Analysis
Debt Level: FEC N's net debt to equity ratio (20.3%) is considered satisfactory.
Reducing Debt: FEC N's debt to equity ratio has reduced from 29.2% to 28.8% over the past 5 years.
Debt Coverage: FEC N's debt is well covered by operating cash flow (91%).
Interest Coverage: FEC N's interest payments on its debt are well covered by EBIT (4.5x coverage).