Jericho Energy Ventures Balance Sheet Health
Financial Health criteria checks 3/6
Jericho Energy Ventures has a total shareholder equity of $13.4M and total debt of $3.9M, which brings its debt-to-equity ratio to 29.3%. Its total assets and total liabilities are $19.0M and $5.6M respectively.
Key information
29.3%
Debt to equity ratio
US$3.92m
Debt
Interest coverage ratio | n/a |
Cash | US$36.53k |
Equity | US$13.38m |
Total liabilities | US$5.64m |
Total assets | US$19.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JEV's short term assets ($239.5K) do not cover its short term liabilities ($1.8M).
Long Term Liabilities: JEV's short term assets ($239.5K) do not cover its long term liabilities ($3.9M).
Debt to Equity History and Analysis
Debt Level: JEV's net debt to equity ratio (29%) is considered satisfactory.
Reducing Debt: JEV's debt to equity ratio has increased from 0% to 29.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: JEV has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: JEV is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.