Bass Oil Balance Sheet Health
Financial Health criteria checks 6/6
Bass Oil has a total shareholder equity of $6.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $11.4M and $4.6M respectively. Bass Oil's EBIT is $601.9K making its interest coverage ratio 7.8. It has cash and short-term investments of $932.1K.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 7.8x |
| Cash | US$932.15k |
| Equity | US$6.81m |
| Total liabilities | US$4.57m |
| Total assets | US$11.38m |
Recent financial health updates
No updates
Recent updates
Optimistic Investors Push Bass Oil Limited (ASX:BAS) Shares Up 27% But Growth Is Lacking
Apr 25
Here's Why We Think Bass Oil (ASX:BAS) Is Well Worth Watching
Mar 11Do Its Financials Have Any Role To Play In Driving Bass Oil Limited's (ASX:BAS) Stock Up Recently?
Jan 16
How Much Did Bass Oil's (ASX:BAS) CEO Pocket Last Year?
Nov 22Financial Position Analysis
Short Term Liabilities: BAS's short term assets ($3.2M) exceed its short term liabilities ($1.8M).
Long Term Liabilities: BAS's short term assets ($3.2M) exceed its long term liabilities ($2.8M).
Debt to Equity History and Analysis
Debt Level: BAS is debt free.
Reducing Debt: BAS has no debt compared to 5 years ago when its debt to equity ratio was 83.9%.
Debt Coverage: BAS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BAS has no debt, therefore coverage of interest payments is not a concern.