RE:RE:Latest quarter 9 cents EPS..I think you needed to look at the cash flows rather than the balance sheet ..
The Cash flows at 29,668,000 this latest quarter x 4 =118,672,000 annual cash flows ..
There are many few added to expense column on that are not non-cash expense like depreciation..
Cash flow is the best way to see what is going to GXE bottom line..
(Cdn$ thousands) 2022 2021 2022 2021 CASH FLOWS FROM OPERATING ACTIVITIES Net income (loss) $ 23,309
$ (730) $ 29,536 $ (4,227) Add items not involving cash: Unrealized loss on risk management contracts 591 3,878 2,803 6,684
Depletion, depreciation and amortization 9,042 8,560 18,710 16,711
Accretion 621 393 1,092 1,113 Share-based compensation 207 121 411 194 Decommissioning liabilities settled (Note 6) (1,100) (183) (2,012) (579)
Change in non-cash working capital (Note 11) (3,002) 2,928 (5,532) 4,963 29,668
14,967 45,008 24,859