This company listing is no longer active
Byron Energy Balance Sheet Health
Financial Health criteria checks 3/6
Byron Energy has a total shareholder equity of $134.8M and total debt of $23.3M, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are $175.0M and $40.1M respectively. Byron Energy's EBIT is $12.6M making its interest coverage ratio 11.4. It has cash and short-term investments of $6.6M.
Key information
17.3%
Debt to equity ratio
US$23.30m
Debt
| Interest coverage ratio | 11.4x |
| Cash | US$6.57m |
| Equity | US$134.81m |
| Total liabilities | US$40.14m |
| Total assets | US$174.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BYRO.F's short term assets ($13.7M) do not cover its short term liabilities ($21.5M).
Long Term Liabilities: BYRO.F's short term assets ($13.7M) do not cover its long term liabilities ($18.7M).
Debt to Equity History and Analysis
Debt Level: BYRO.F's net debt to equity ratio (12.4%) is considered satisfactory.
Reducing Debt: BYRO.F's debt to equity ratio has increased from 4.2% to 17.3% over the past 5 years.
Debt Coverage: BYRO.F's debt is well covered by operating cash flow (97.3%).
Interest Coverage: BYRO.F's interest payments on its debt are well covered by EBIT (11.4x coverage).