Perpetual Energy Balance Sheet Health
Financial Health criteria checks 2/6
Perpetual Energy has a total shareholder equity of CA$97.3M and total debt of CA$33.1M, which brings its debt-to-equity ratio to 34%. Its total assets and total liabilities are CA$192.1M and CA$94.7M respectively. Perpetual Energy's EBIT is CA$12.2M making its interest coverage ratio 2.4. It has cash and short-term investments of CA$5.8M.
Key information
34.0%
Debt to equity ratio
CA$33.13m
Debt
Interest coverage ratio | 2.4x |
Cash | CA$5.79m |
Equity | CA$97.34m |
Total liabilities | CA$94.74m |
Total assets | CA$192.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PMGY.F's short term assets (CA$34.2M) do not cover its short term liabilities (CA$37.1M).
Long Term Liabilities: PMGY.F's short term assets (CA$34.2M) do not cover its long term liabilities (CA$57.6M).
Debt to Equity History and Analysis
Debt Level: PMGY.F's net debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: PMGY.F's debt to equity ratio has reduced from 95.5% to 34% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if PMGY.F has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if PMGY.F has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.