Total Energy Services Balance Sheet Health
Financial Health criteria checks 6/6
Total Energy Services has a total shareholder equity of CA$544.0M and total debt of CA$142.5M, which brings its debt-to-equity ratio to 26.2%. Its total assets and total liabilities are CA$941.7M and CA$397.7M respectively. Total Energy Services's EBIT is CA$75.0M making its interest coverage ratio 4.3. It has cash and short-term investments of CA$45.0M.
Key information
26.2%
Debt to equity ratio
CA$142.49m
Debt
Interest coverage ratio | 4.3x |
Cash | CA$45.04m |
Equity | CA$543.97m |
Total liabilities | CA$397.72m |
Total assets | CA$941.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TOTZ.F's short term assets (CA$317.2M) exceed its short term liabilities (CA$192.8M).
Long Term Liabilities: TOTZ.F's short term assets (CA$317.2M) exceed its long term liabilities (CA$205.0M).
Debt to Equity History and Analysis
Debt Level: TOTZ.F's net debt to equity ratio (17.9%) is considered satisfactory.
Reducing Debt: TOTZ.F's debt to equity ratio has reduced from 49.3% to 26.2% over the past 5 years.
Debt Coverage: TOTZ.F's debt is well covered by operating cash flow (108%).
Interest Coverage: TOTZ.F's interest payments on its debt are well covered by EBIT (4.3x coverage).