Eco (Atlantic) Oil & Gas Balance Sheet Health
Financial Health criteria checks 4/6
Eco (Atlantic) Oil & Gas has a total shareholder equity of $28.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $29.7M and $791.4K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.20m |
| Equity | US$28.86m |
| Total liabilities | US$791.42k |
| Total assets | US$29.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EOI's short term assets ($1.3M) exceed its short term liabilities ($791.4K).
Long Term Liabilities: EOI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EOI is debt free.
Reducing Debt: EOI has not had any debt for 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: EOI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EOI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 32.7% each year