Kiwetinohk Energy Balance Sheet Health
Financial Health criteria checks 3/6
Kiwetinohk Energy has a total shareholder equity of CA$729.9M and total debt of CA$218.7M, which brings its debt-to-equity ratio to 30%. Its total assets and total liabilities are CA$1.2B and CA$425.4M respectively. Kiwetinohk Energy's EBIT is CA$133.8M making its interest coverage ratio 6.3. It has cash and short-term investments of CA$272.0K.
Key information
30.0%
Debt to equity ratio
CA$218.71m
Debt
| Interest coverage ratio | 6.3x |
| Cash | CA$272.00k |
| Equity | CA$729.88m |
| Total liabilities | CA$425.38m |
| Total assets | CA$1.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KWTE.F's short term assets (CA$69.2M) do not cover its short term liabilities (CA$84.6M).
Long Term Liabilities: KWTE.F's short term assets (CA$69.2M) do not cover its long term liabilities (CA$340.8M).
Debt to Equity History and Analysis
Debt Level: KWTE.F's net debt to equity ratio (29.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if KWTE.F's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: KWTE.F's debt is well covered by operating cash flow (119.9%).
Interest Coverage: KWTE.F's interest payments on its debt are well covered by EBIT (6.3x coverage).