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Source Energy Services Ltd (SHLE) Ratios
Source Energy Services Ltd Ratios
TSE:SHLE's free cash flow for Q2 2026 was $2.62M. For the 2026 fiscal year, TSE:SHLE's free cash flow was decreased by $-18.68M and operating cash flow was $21.30M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.31 | 1.51 | 1.26 | 1.40 | 2.12 |
| Quick Ratio | 0.72 | 0.87 | 0.47 | 0.57 | 1.00 |
| Cash Ratio | 0.13 | 0.23 | 0.00 | -0.78 | -0.76 |
| Solvency Ratio | 0.24 | 0.15 | 0.65 | 0.09 | -0.10 |
| Operating Cash Flow Ratio | 0.58 | 0.67 | 0.47 | 0.92 | 0.28 |
| Short-Term Operating Cash Flow Coverage | 7.75 | 11.66 | 2.91 | 4.53 | 0.71 |
| Net Current Asset Value | $ -203.52M | $ -195.76M | $ -177.52M | $ -198.69M | $ -152.76M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.45 | 0.46 | 0.46 | 0.75 | 0.83 |
| Debt-to-Equity Ratio | 1.33 | 1.45 | 1.31 | 43.30 | 33.94 |
| Debt-to-Capital Ratio | 0.57 | 0.59 | 0.57 | 0.98 | 0.97 |
| Long-Term Debt-to-Capital Ratio | 0.44 | 0.50 | 0.46 | 0.98 | 0.97 |
| Financial Leverage Ratio | 2.95 | 3.15 | 2.85 | 57.79 | 40.76 |
| Debt Service Coverage Ratio | 2.61 | 2.23 | 4.64 | 1.23 | 0.10 |
| Interest Coverage Ratio | 1.64 | 1.90 | 1.76 | 0.54 | 0.12 |
| Debt to Market Cap | 0.86 | 0.89 | 1.97 | 9.57 | 10.22 |
| Interest Debt Per Share | 23.03 | 22.82 | 18.91 | 20.47 | 18.54 |
| Net Debt to EBITDA | 2.25 | 2.36 | 0.99 | 5.62 | 7.04 |
| Profitability Margins | |||||
| Gross Profit Margin | 13.40% | 18.89% | 19.20% | 13.98% | 12.30% |
| EBIT Margin | 7.02% | 7.47% | 32.36% | 5.80% | 1.81% |
| EBITDA Margin | 16.31% | 15.24% | 39.30% | 13.41% | 11.53% |
| Operating Profit Margin | 7.02% | 9.69% | 10.65% | 4.20% | 1.14% |
| Pretax Profit Margin | 5.49% | 2.65% | 26.32% | -2.11% | -7.63% |
| Net Profit Margin | 4.72% | 1.41% | 29.37% | -0.70% | -17.54% |
| Continuous Operations Profit Margin | 4.72% | 1.41% | 29.37% | -2.11% | -7.63% |
| Net Income Per EBT | 86.02% | 53.26% | 111.59% | 33.40% | 229.95% |
| EBT Per EBIT | 78.21% | 27.35% | 247.06% | -50.17% | -666.75% |
| Return on Assets (ROA) | 5.36% | 1.59% | 34.66% | -0.90% | -21.09% |
| Return on Equity (ROE) | 15.84% | 5.01% | 98.94% | -51.78% | -859.85% |
| Return on Capital Employed (ROCE) | 10.67% | 14.28% | 16.21% | 7.30% | 1.70% |
| Return on Invested Capital (ROIC) | 8.46% | 7.17% | 14.87% | 2.12% | 1.48% |
| Return on Tangible Assets | 5.36% | 1.59% | 34.66% | -0.90% | -21.09% |
| Earnings Yield | 16.32% | 4.32% | 207.29% | -11.44% | -258.92% |
| Efficiency Ratios | |||||
| Receivables Turnover | 8.61 | 8.34 | 12.95 | 9.83 | 7.35 |
| Payables Turnover | 5.81 | 5.76 | 6.53 | 5.23 | 9.56 |
| Inventory Turnover | 6.58 | 6.11 | 5.41 | 4.93 | 4.98 |
| Fixed Asset Turnover | 1.79 | 1.89 | 1.80 | 2.15 | 2.01 |
| Asset Turnover | 1.13 | 1.13 | 1.18 | 1.27 | 1.20 |
| Working Capital Turnover Ratio | 11.68 | 13.56 | 18.11 | 9.09 | 6.28 |
| Cash Conversion Cycle | 35.11 | 40.15 | 39.74 | 41.32 | 84.77 |
| Days of Sales Outstanding | 42.39 | 43.77 | 28.19 | 37.13 | 49.64 |
| Days of Inventory Outstanding | 55.50 | 59.71 | 67.47 | 74.00 | 73.30 |
| Days of Payables Outstanding | 62.78 | 63.33 | 55.93 | 69.81 | 38.17 |
| Operating Cycle | 97.90 | 103.49 | 95.67 | 111.12 | 122.94 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 6.79 | 6.97 | 3.77 | 5.92 | 1.03 |
| Free Cash Flow Per Share | 2.31 | 3.77 | 2.14 | 4.80 | 0.55 |
| Dividend Paid and CapEx Coverage Ratio | 1.51 | 2.18 | 2.31 | 5.29 | 2.15 |
| Capital Expenditure Coverage Ratio | 1.51 | 2.18 | 2.31 | 5.29 | 2.15 |
| Operating Cash Flow Coverage Ratio | 0.33 | 0.34 | 0.23 | 0.33 | 0.06 |
| Operating Cash Flow to Sales Ratio | 0.13 | 0.14 | 0.09 | 0.19 | 0.04 |
| Free Cash Flow Yield | 15.18% | 23.21% | 35.90% | 253.93% | 34.58% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 6.13 | 23.20 | 0.48 | -8.74 | -0.39 |
| Price-to-Sales (P/S) Ratio | 0.29 | 0.33 | 0.14 | 0.06 | 0.07 |
| Price-to-Book (P/B) Ratio | 0.97 | 1.16 | 0.48 | 4.53 | 3.32 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 6.59 | 4.31 | 2.79 | 0.39 | 2.89 |
| Price-to-Operating Cash Flow Ratio | 2.24 | 2.33 | 1.58 | 0.32 | 1.55 |
| Price-to-Earnings Growth (PEG) Ratio | 0.02 | -0.25 | -0.00 | 0.09 | 0.00 |
| Enterprise Value Multiple | 4.03 | 4.50 | 1.35 | 6.08 | 7.63 |
| Enterprise Value | 460.02M | 462.13M | 302.51M | 338.96M | 281.58M |
| EV to EBITDA | 4.03 | 4.50 | 1.35 | 6.08 | 7.63 |
| EV to Sales | 0.66 | 0.69 | 0.53 | 0.81 | 0.88 |
| EV to Free Cash Flow | 14.96 | 9.05 | 10.44 | 5.21 | 37.57 |
| EV to Operating Cash Flow | 5.08 | 4.90 | 5.92 | 4.23 | 20.10 |
| Tangible Book Value Per Share | 15.66 | 14.02 | 12.49 | 0.42 | 0.48 |
| Shareholders’ Equity Per Share | 15.66 | 14.02 | 12.49 | 0.42 | 0.48 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.14 | 0.47 | -0.12 | 0.67 | -1.30 |
| Revenue Per Share | 52.49 | 49.76 | 42.06 | 30.71 | 23.61 |
| Net Income Per Share | 2.48 | 0.70 | 12.35 | -0.22 | -4.14 |
| Tax Burden | 0.86 | 0.53 | 1.12 | 0.33 | 2.30 |
| Interest Burden | 0.78 | 0.35 | 0.81 | -0.36 | -4.22 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.06 | 0.08 | 0.05 | 0.05 | 0.06 |
| Stock-Based Compensation to Revenue | -0.00 | 0.02 | 0.01 | 0.00 | 0.00 |
| Income Quality | 2.74 | 9.93 | 0.31 | -9.14 | -0.57 |
Currency in CAD