Pieridae Energy Balance Sheet Health
Financial Health criteria checks 1/6
Pieridae Energy has a total shareholder equity of CA$174.4M and total debt of CA$172.2M, which brings its debt-to-equity ratio to 98.7%. Its total assets and total liabilities are CA$638.5M and CA$464.1M respectively. Pieridae Energy's EBIT is CA$36.5M making its interest coverage ratio 1. It has cash and short-term investments of CA$18.3M.
Key information
98.7%
Debt to equity ratio
CA$172.22m
Debt
Interest coverage ratio | 1x |
Cash | CA$18.33m |
Equity | CA$174.41m |
Total liabilities | CA$464.14m |
Total assets | CA$638.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PTOA.F's short term assets (CA$143.1M) do not cover its short term liabilities (CA$163.9M).
Long Term Liabilities: PTOA.F's short term assets (CA$143.1M) do not cover its long term liabilities (CA$300.3M).
Debt to Equity History and Analysis
Debt Level: PTOA.F's net debt to equity ratio (88.2%) is considered high.
Reducing Debt: PTOA.F's debt to equity ratio has increased from 54.5% to 98.7% over the past 5 years.
Debt Coverage: PTOA.F's debt is well covered by operating cash flow (60.5%).
Interest Coverage: PTOA.F's interest payments on its debt are not well covered by EBIT (1x coverage).