Crescent Point Energy Balance Sheet Health
Financial Health criteria checks 3/6
Crescent Point Energy has a total shareholder equity of CA$6.9B and total debt of CA$3.6B, which brings its debt-to-equity ratio to 51.9%. Its total assets and total liabilities are CA$12.8B and CA$5.9B respectively. Crescent Point Energy's EBIT is CA$1.2B making its interest coverage ratio 9.1. It has cash and short-term investments of CA$17.3M.
Key information
51.9%
Debt to equity ratio
CA$3.57b
Debt
| Interest coverage ratio | 9.1x |
| Cash | CA$17.30m |
| Equity | CA$6.87b |
| Total liabilities | CA$5.91b |
| Total assets | CA$12.78b |
Recent financial health updates
No updates
Recent updates
Crescent Point Energy Is Shifting From Transition To Growth
Mar 05Crescent Point Seems Undervalued
Feb 24Crescent Point Gets Hit On The Head With A Hammer
Jan 23Crescent Point Energy: Transition Is Finally Over
Jan 05Crescent Point Is About To Become The Second Largest Montney Producer
Nov 14Crescent Point: Running After That Untamed Ornithoid
Nov 07Crescent Point Energy: Refocus Almost Complete
Oct 13Crescent Point Energy: A Low-Cost Liquids-Rich Oil Producer With Growth Potential
Sep 05Crescent Point Energy: Growth In A No-Growth Environment
Jul 21Crescent Point: Increasing Production And Improved Leverage Ratios
Feb 20Crescent Point Energy: Built For The Long Run
Feb 03Crescent Point: Acquisition And Impact On Future Returns
Jan 02Crescent Point to buy Kaybob Duvernay assets in C$375M deal; hikes dividend
Dec 09Crescent Point Energy Q3 2022 Results: A Growth Play At A Value Price
Oct 28Crescent Point Energy: Management Difference
Oct 21Crescent Point: Don't Ignore The Risks Of A Global Recession
Oct 13Crescent Point Energy Earns A 71% Valuation Attractiveness Score
Sep 14Crescent Point: Unhedged Natural Gas Adds Extra Firepower
Sep 08Crescent Point Energy: Moving Higher Seems Obvious
Aug 29Crescent Point Energy: Net Debt Target Achieved, Appeal Tarnished Elsewhere
Aug 08Crescent Point Energy Non-GAAP EPS of C$0.47, revenue of C$1.29B
Jul 27Financial Position Analysis
Short Term Liabilities: CPG's short term assets (CA$1.1B) do not cover its short term liabilities (CA$1.4B).
Long Term Liabilities: CPG's short term assets (CA$1.1B) do not cover its long term liabilities (CA$4.5B).
Debt to Equity History and Analysis
Debt Level: CPG's net debt to equity ratio (51.7%) is considered high.
Reducing Debt: CPG's debt to equity ratio has reduced from 64.7% to 51.9% over the past 5 years.
Debt Coverage: CPG's debt is well covered by operating cash flow (61.6%).
Interest Coverage: CPG's interest payments on its debt are well covered by EBIT (9.1x coverage).