Africa Oil Balance Sheet Health
Financial Health criteria checks 6/6
Africa Oil has a total shareholder equity of $894.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $966.2M and $71.6M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$232.00m |
Equity | US$894.60m |
Total liabilities | US$71.60m |
Total assets | US$966.20m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AOI's short term assets ($237.1M) exceed its short term liabilities ($22.4M).
Long Term Liabilities: AOI's short term assets ($237.1M) exceed its long term liabilities ($49.2M).
Debt to Equity History and Analysis
Debt Level: AOI is debt free.
Reducing Debt: AOI had no debt 5 years ago.
Debt Coverage: AOI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AOI has no debt, therefore coverage of interest payments is not a concern.