Canacol Energy Balance Sheet Health
Financial Health criteria checks 0/6
Canacol Energy has a total shareholder equity of $351.7M and total debt of $663.0M, which brings its debt-to-equity ratio to 188.5%. Its total assets and total liabilities are $1.2B and $881.8M respectively. Canacol Energy's EBIT is $140.9M making its interest coverage ratio 2.7. It has cash and short-term investments of $39.4M.
Key information
188.5%
Debt to equity ratio
US$663.00m
Debt
Interest coverage ratio | 2.7x |
Cash | US$39.43m |
Equity | US$351.67m |
Total liabilities | US$881.75m |
Total assets | US$1.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CNNE.F's short term assets ($151.6M) do not cover its short term liabilities ($164.9M).
Long Term Liabilities: CNNE.F's short term assets ($151.6M) do not cover its long term liabilities ($716.9M).
Debt to Equity History and Analysis
Debt Level: CNNE.F's net debt to equity ratio (177.3%) is considered high.
Reducing Debt: CNNE.F's debt to equity ratio has increased from 165.3% to 188.5% over the past 5 years.
Debt Coverage: CNNE.F's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: CNNE.F's interest payments on its debt are not well covered by EBIT (2.7x coverage).