Kolibri Global Energy Inc.

NasdaqCM:KGEI Stock Report

Market Cap: US$156.4m

Kolibri Global Energy Balance Sheet Health

Financial Health criteria checks 4/6

Kolibri Global Energy has a total shareholder equity of $183.9M and total debt of $30.7M, which brings its debt-to-equity ratio to 16.7%. Its total assets and total liabilities are $237.4M and $53.6M respectively. Kolibri Global Energy's EBIT is $28.3M making its interest coverage ratio 8.3. It has cash and short-term investments of $2.5M.

Key information

16.7%

Debt to equity ratio

US$30.71m

Debt

Interest coverage ratio8.3x
CashUS$2.50m
EquityUS$183.86m
Total liabilitiesUS$53.58m
Total assetsUS$237.44m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: KGEI's short term assets ($8.8M) do not cover its short term liabilities ($13.1M).

Long Term Liabilities: KGEI's short term assets ($8.8M) do not cover its long term liabilities ($40.5M).


Debt to Equity History and Analysis

Debt Level: KGEI's net debt to equity ratio (15.3%) is considered satisfactory.

Reducing Debt: KGEI's debt to equity ratio has reduced from 21.3% to 16.7% over the past 5 years.

Debt Coverage: KGEI's debt is well covered by operating cash flow (126.2%).

Interest Coverage: KGEI's interest payments on its debt are well covered by EBIT (8.3x coverage).


Balance Sheet


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