InPlay Oil Balance Sheet Health
Financial Health criteria checks 4/6
InPlay Oil has a total shareholder equity of CA$294.4M and total debt of CA$47.2M, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are CA$473.0M and CA$178.6M respectively.
Key information
16.0%
Debt to equity ratio
CA$47.16m
Debt
Interest coverage ratio | 7.2x |
Cash | n/a |
Equity | CA$294.35m |
Total liabilities | CA$178.60m |
Total assets | CA$472.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IPOO.F's short term assets (CA$33.1M) do not cover its short term liabilities (CA$35.6M).
Long Term Liabilities: IPOO.F's short term assets (CA$33.1M) do not cover its long term liabilities (CA$143.0M).
Debt to Equity History and Analysis
Debt Level: IPOO.F's net debt to equity ratio (16%) is considered satisfactory.
Reducing Debt: IPOO.F's debt to equity ratio has reduced from 24.7% to 16% over the past 5 years.
Debt Coverage: IPOO.F's debt is well covered by operating cash flow (182.4%).
Interest Coverage: IPOO.F's interest payments on its debt are well covered by EBIT (7.2x coverage).