ARC Resources Balance Sheet Health
Financial Health criteria checks 4/6
ARC Resources has a total shareholder equity of CA$7.4B and total debt of CA$1.1B, which brings its debt-to-equity ratio to 15.5%. Its total assets and total liabilities are CA$12.4B and CA$5.0B respectively. ARC Resources's EBIT is CA$2.1B making its interest coverage ratio 25.7. It has cash and short-term investments of CA$1.1M.
Key information
15.5%
Debt to equity ratio
CA$1.15b
Debt
Interest coverage ratio | 25.7x |
Cash | CA$1.10m |
Equity | CA$7.43b |
Total liabilities | CA$4.96b |
Total assets | CA$12.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AETU.F's short term assets (CA$893.4M) do not cover its short term liabilities (CA$981.6M).
Long Term Liabilities: AETU.F's short term assets (CA$893.4M) do not cover its long term liabilities (CA$4.0B).
Debt to Equity History and Analysis
Debt Level: AETU.F's net debt to equity ratio (15.5%) is considered satisfactory.
Reducing Debt: AETU.F's debt to equity ratio has reduced from 24.7% to 15.5% over the past 5 years.
Debt Coverage: AETU.F's debt is well covered by operating cash flow (208.4%).
Interest Coverage: AETU.F's interest payments on its debt are well covered by EBIT (25.7x coverage).