Bonterra Energy Balance Sheet Health
Financial Health criteria checks 3/6
Bonterra Energy has a total shareholder equity of CA$542.3M and total debt of CA$157.3M, which brings its debt-to-equity ratio to 29%. Its total assets and total liabilities are CA$982.3M and CA$439.9M respectively. Bonterra Energy's EBIT is CA$56.1M making its interest coverage ratio 2.5. It has cash and short-term investments of CA$1.6M.
Key information
29.0%
Debt to equity ratio
CA$157.27m
Debt
| Interest coverage ratio | 2.5x |
| Cash | CA$1.63m |
| Equity | CA$542.34m |
| Total liabilities | CA$439.91m |
| Total assets | CA$982.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BNEF.F's short term assets (CA$34.5M) do not cover its short term liabilities (CA$64.5M).
Long Term Liabilities: BNEF.F's short term assets (CA$34.5M) do not cover its long term liabilities (CA$375.5M).
Debt to Equity History and Analysis
Debt Level: BNEF.F's net debt to equity ratio (28.7%) is considered satisfactory.
Reducing Debt: BNEF.F's debt to equity ratio has reduced from 59.9% to 29% over the past 5 years.
Debt Coverage: BNEF.F's debt is well covered by operating cash flow (83.3%).
Interest Coverage: BNEF.F's interest payments on its debt are not well covered by EBIT (2.5x coverage).