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
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 07These 4 Measures Indicate That Panoro Energy (OB:PEN) Is Using Debt In A Risky Way
Jun 10Recent updates
Panoro 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 26These 4 Measures Indicate That Panoro Energy (OB:PEN) Is Using Debt In A Risky Way
Jun 10Is There An Opportunity With Panoro Energy ASA's (OB:PEN) 43% Undervaluation?
May 06How Much Of Panoro Energy ASA (OB:PEN) Do Insiders Own?
Feb 23Have Insiders Been Buying Panoro Energy ASA (OB:PEN) Shares?
Jan 01
Financial Position Analysis
Short Term Liabilities: PEN's short term assets ($109.7M) do not cover its short term liabilities ($115.3M).
Long Term Liabilities: PEN's short term assets ($109.7M) do not cover its long term liabilities ($261.1M).
Debt to Equity History and Analysis
Debt Level: PEN's net debt to equity ratio (17.7%) is considered satisfactory.
Reducing Debt: PEN's debt to equity ratio has reduced from 62.3% to 29.4% over the past 5 years.
Debt Coverage: PEN's debt is well covered by operating cash flow (114.9%).
Interest Coverage: PEN's interest payments on its debt are well covered by EBIT (6.5x coverage).