ShaMaran Petroleum Balance Sheet Health
Financial Health criteria checks 3/6
ShaMaran Petroleum has a total shareholder equity of $215.2M and total debt of $207.0M, which brings its debt-to-equity ratio to 96.2%. Its total assets and total liabilities are $485.6M and $270.4M respectively. ShaMaran Petroleum's EBIT is $29.9M making its interest coverage ratio 1. It has cash and short-term investments of $46.8M.
Key information
96.2%
Debt to equity ratio
US$207.02m
Debt
| Interest coverage ratio | 1x |
| Cash | US$46.77m |
| Equity | US$215.19m |
| Total liabilities | US$270.37m |
| Total assets | US$485.56m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHAS.F's short term assets ($88.4M) exceed its short term liabilities ($18.1M).
Long Term Liabilities: SHAS.F's short term assets ($88.4M) do not cover its long term liabilities ($252.3M).
Debt to Equity History and Analysis
Debt Level: SHAS.F's net debt to equity ratio (74.5%) is considered high.
Reducing Debt: SHAS.F's debt to equity ratio has reduced from 135.6% to 96.2% over the past 5 years.
Debt Coverage: SHAS.F's debt is well covered by operating cash flow (35.3%).
Interest Coverage: SHAS.F's interest payments on its debt are not well covered by EBIT (1x coverage).