Beyond Oil Balance Sheet Health
Financial Health criteria checks 4/6
Beyond Oil has a total shareholder equity of $2.9M and total debt of $175.0K, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are $4.3M and $1.4M respectively.
Key information
6.0%
Debt to equity ratio
US$175.00k
Debt
Interest coverage ratio | n/a |
Cash | US$499.00k |
Equity | US$2.90m |
Total liabilities | US$1.45m |
Total assets | US$4.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BOIL's short term assets ($997.0K) do not cover its short term liabilities ($1.2M).
Long Term Liabilities: BOIL's short term assets ($997.0K) exceed its long term liabilities ($272.0K).
Debt to Equity History and Analysis
Debt Level: BOIL has more cash than its total debt.
Reducing Debt: Insufficient data to determine if BOIL's debt to equity ratio has reduced 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: BOIL has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: BOIL is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.