Frontera Energy Balance Sheet Health
Financial Health criteria checks 4/6
Frontera Energy has a total shareholder equity of $1.8B and total debt of $518.9M, which brings its debt-to-equity ratio to 28.3%. Its total assets and total liabilities are $3.0B and $1.2B respectively. Frontera Energy's EBIT is $194.7M making its interest coverage ratio 4.9. It has cash and short-term investments of $159.7M.
Key information
28.3%
Debt to equity ratio
US$518.88m
Debt
Interest coverage ratio | 4.9x |
Cash | US$159.67m |
Equity | US$1.83b |
Total liabilities | US$1.18b |
Total assets | US$3.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FECC.F's short term assets ($482.8M) do not cover its short term liabilities ($544.7M).
Long Term Liabilities: FECC.F's short term assets ($482.8M) do not cover its long term liabilities ($637.6M).
Debt to Equity History and Analysis
Debt Level: FECC.F's net debt to equity ratio (19.6%) is considered satisfactory.
Reducing Debt: FECC.F's debt to equity ratio has reduced from 29.5% to 28.3% over the past 5 years.
Debt Coverage: FECC.F's debt is well covered by operating cash flow (79.4%).
Interest Coverage: FECC.F's interest payments on its debt are well covered by EBIT (4.9x coverage).