Hemisphere Energy Corporation

TSXV HME.V

Hemisphere Energy Corporation Interest Coverage Ratio for the year ending December 31, 2023: 45.41

Hemisphere Energy Corporation Interest Coverage Ratio is 45.41 for the year ending December 31, 2023, a 37.92% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Hemisphere Energy Corporation Interest Coverage Ratio for the year ending December 31, 2022 was 32.93, a 551.53% change year over year.
Hemisphere Energy Corporation Interest Coverage Ratio for the year ending December 31, 2021 was 5.05, a 372.44% change year over year.
Hemisphere Energy Corporation Interest Coverage Ratio for the year ending December 31, 2020 was 1.07, a -63.80% change year over year.
Hemisphere Energy Corporation Interest Coverage Ratio for the year ending December 31, 2019 was 2.96, a 564.93% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

TSXV: HME.V

Hemisphere Energy Corporation

CEO	Mr. Don J. Simmons A.C.A., B.Sc., P.Geo., P.Geol
IPO Date	Aug. 8, 1996
Location	Canada
Headquarters	905 West Pender Street
Employees	8
Sector	Energy
Industries Oil Sands Biofuel Drilling Gas Oil & Gas Petrochemicals Renewables

Description

Hemisphere Energy Corporation acquires, explores for, develops, and produces petroleum and natural gas interests in Canada. It primarily owns a 100% working interest in 9,440 net acres of land in the Atlee Buffalo property located in southeastern Alberta; and a land position of 7,009 net acres in the Jenner property situated in southeastern Alberta. The company was formerly known as Northern Hemisphere Development Corp. and changed its name to Hemisphere Energy Corporation in April 2009. Hemisphere Energy Corporation was founded in 1977 and is headquartered in Vancouver, Canada.

Key trends

Past 5 years