Panoro Energy Balance Sheet Health
Financial Health criteria checks 4/6
Panoro Energy has a total shareholder equity of $242.6M and total debt of $71.2M, which brings its debt-to-equity ratio to 29.4%. Its total assets and total liabilities are $641.5M and $398.9M respectively. Panoro Energy's EBIT is $72.6M making its interest coverage ratio 5.5. It has cash and short-term investments of $18.7M.
Key information
29.4%
Debt to equity ratio
US$71.20m
Debt
| Interest coverage ratio | 5.5x |
| Cash | US$18.69m |
| Equity | US$242.57m |
| Total liabilities | US$398.92m |
| Total assets | US$641.49m |
Recent financial health updates
Is Panoro Energy (OB:PEN) Using Too Much Debt?
Nov 13
We Think Panoro Energy (OB:PEN) Can Stay On Top Of Its Debt
Apr 04Here's Why Panoro Energy (OB:PEN) Has A Meaningful Debt Burden
Nov 19Is Panoro Energy (OB:PEN) A Risky Investment?
Jul 07Recent updates
There Is A Reason Panoro Energy ASA's (OB:PEN) Price Is Undemanding
Aug 24A Piece Of The Puzzle Missing From Panoro Energy ASA's (OB:PEN) 25% Share Price Climb
May 24Panoro Energy ASA Just Missed Earnings - But Analysts Have Updated Their Models
Feb 25Is Panoro Energy (OB:PEN) Using Too Much Debt?
Nov 13We Think Panoro Energy (OB:PEN) Can Stay On Top Of Its Debt
Apr 04Here's Why Panoro Energy (OB:PEN) Has A Meaningful Debt Burden
Nov 19Panoro Energy ASA's (OB:PEN) Intrinsic Value Is Potentially 97% Above Its Share Price
Sep 02Is Panoro Energy (OB:PEN) A Risky Investment?
Jul 07Forecast: Analysts Think Panoro Energy ASA's (OB:PEN) Business Prospects Have Improved Drastically
Apr 06Analysts Are Updating Their Panoro Energy ASA (OB:PEN) Estimates After Its Annual Results
Feb 26Financial Position Analysis
Short Term Liabilities: PEN's short term assets ($95.9M) do not cover its short term liabilities ($108.2M).
Long Term Liabilities: PEN's short term assets ($95.9M) do not cover its long term liabilities ($290.7M).
Debt to Equity History and Analysis
Debt Level: PEN's net debt to equity ratio (21.6%) is considered satisfactory.
Reducing Debt: PEN's debt to equity ratio has reduced from 48.4% to 29.4% over the past 5 years.
Debt Coverage: PEN's debt is well covered by operating cash flow (105.9%).
Interest Coverage: PEN's interest payments on its debt are well covered by EBIT (5.5x coverage).