Geo Energy Resources Balance Sheet Health
Financial Health criteria checks 4/6
Geo Energy Resources has a total shareholder equity of $527.7M and total debt of $227.6M, which brings its debt-to-equity ratio to 43.1%. Its total assets and total liabilities are $949.1M and $421.4M respectively. Geo Energy Resources's EBIT is $32.6M making its interest coverage ratio 2.3. It has cash and short-term investments of $169.8M.
Key information
43.1%
Debt to equity ratio
US$227.62m
Debt
| Interest coverage ratio | 2.3x |
| Cash | US$169.85m |
| Equity | US$527.72m |
| Total liabilities | US$421.36m |
| Total assets | US$949.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GRYR.F's short term assets ($325.3M) exceed its short term liabilities ($99.1M).
Long Term Liabilities: GRYR.F's short term assets ($325.3M) exceed its long term liabilities ($322.2M).
Debt to Equity History and Analysis
Debt Level: GRYR.F's net debt to equity ratio (10.9%) is considered satisfactory.
Reducing Debt: GRYR.F's debt to equity ratio has reduced from 193.2% to 43.1% over the past 5 years.
Debt Coverage: GRYR.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GRYR.F's interest payments on its debt are not well covered by EBIT (2.3x coverage).