Yangarra Resources Balance Sheet Health
Financial Health criteria checks 4/6
Yangarra Resources has a total shareholder equity of CA$536.6M and total debt of CA$121.1M, which brings its debt-to-equity ratio to 22.6%. Its total assets and total liabilities are CA$835.2M and CA$298.6M respectively. Yangarra Resources's EBIT is CA$61.2M making its interest coverage ratio 4.9. It has cash and short-term investments of CA$3.5M.
Key information
22.6%
Debt to equity ratio
CA$121.06m
Debt
Interest coverage ratio | 4.9x |
Cash | CA$3.50m |
Equity | CA$536.60m |
Total liabilities | CA$298.62m |
Total assets | CA$835.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YGRA.F's short term assets (CA$39.6M) do not cover its short term liabilities (CA$40.3M).
Long Term Liabilities: YGRA.F's short term assets (CA$39.6M) do not cover its long term liabilities (CA$258.3M).
Debt to Equity History and Analysis
Debt Level: YGRA.F's net debt to equity ratio (21.9%) is considered satisfactory.
Reducing Debt: YGRA.F's debt to equity ratio has reduced from 52.7% to 22.6% over the past 5 years.
Debt Coverage: YGRA.F's debt is well covered by operating cash flow (81.8%).
Interest Coverage: YGRA.F's interest payments on its debt are well covered by EBIT (4.9x coverage).