Jersey Oil and Gas Balance Sheet Health
Financial Health criteria checks 4/6
Jersey Oil and Gas has a total shareholder equity of £28.6M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £29.6M and £999.0K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£5.63m |
Equity | UK£28.58m |
Total liabilities | UK£998.96k |
Total assets | UK£29.58m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPC1's short term assets (£6.1M) exceed its short term liabilities (£899.9K).
Long Term Liabilities: TPC1's short term assets (£6.1M) exceed its long term liabilities (£99.1K).
Debt to Equity History and Analysis
Debt Level: TPC1 is debt free.
Reducing Debt: TPC1 had no debt 5 years ago.
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: Insufficient data to determine if TPC1 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TPC1 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.