Panoro Energy Balance Sheet Health
Financial Health criteria checks 5/6
Panoro Energy has a total shareholder equity of $248.5M and total debt of $68.6M, which brings its debt-to-equity ratio to 27.6%. Its total assets and total liabilities are $646.5M and $398.0M respectively. Panoro Energy's EBIT is $115.7M making its interest coverage ratio 8.3. It has cash and short-term investments of $43.2M.
Key information
27.6%
Debt to equity ratio
US$68.60m
Debt
| Interest coverage ratio | 8.3x |
| Cash | US$43.21m |
| Equity | US$248.51m |
| Total liabilities | US$398.01m |
| Total assets | US$646.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PESA.F's short term assets ($115.1M) exceed its short term liabilities ($100.6M).
Long Term Liabilities: PESA.F's short term assets ($115.1M) do not cover its long term liabilities ($297.5M).
Debt to Equity History and Analysis
Debt Level: PESA.F's net debt to equity ratio (10.2%) is considered satisfactory.
Reducing Debt: PESA.F's debt to equity ratio has reduced from 50.6% to 27.6% over the past 5 years.
Debt Coverage: PESA.F's debt is well covered by operating cash flow (191.4%).
Interest Coverage: PESA.F's interest payments on its debt are well covered by EBIT (8.3x coverage).