Logan Energy Balance Sheet Health
Financial Health criteria checks 3/6
Logan Energy has a total shareholder equity of CA$182.7M and total debt of CA$27.1M, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are CA$267.3M and CA$84.6M respectively. Logan Energy's EBIT is CA$16.2M making its interest coverage ratio -12.3. It has cash and short-term investments of CA$307.0K.
Key information
14.8%
Debt to equity ratio
CA$27.08m
Debt
| Interest coverage ratio | -12.3x |
| Cash | CA$307.00k |
| Equity | CA$182.73m |
| Total liabilities | CA$84.57m |
| Total assets | CA$267.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LOEC.F's short term assets (CA$17.0M) do not cover its short term liabilities (CA$48.7M).
Long Term Liabilities: LOEC.F's short term assets (CA$17.0M) do not cover its long term liabilities (CA$35.8M).
Debt to Equity History and Analysis
Debt Level: LOEC.F's net debt to equity ratio (14.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if LOEC.F's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: LOEC.F's debt is well covered by operating cash flow (183.2%).
Interest Coverage: LOEC.F earns more interest than it pays, so coverage of interest payments is not a concern.