PEDEVCO Balance Sheet Health
Financial Health criteria checks 6/6
PEDEVCO has a total shareholder equity of $98.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $120.1M and $21.3M respectively. PEDEVCO's EBIT is $4.1M making its interest coverage ratio -9.6. It has cash and short-term investments of $18.5M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -9.6x |
Cash | US$18.52m |
Equity | US$98.77m |
Total liabilities | US$21.29m |
Total assets | US$120.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UD1P's short term assets ($24.6M) exceed its short term liabilities ($18.9M).
Long Term Liabilities: UD1P's short term assets ($24.6M) exceed its long term liabilities ($2.4M).
Debt to Equity History and Analysis
Debt Level: UD1P is debt free.
Reducing Debt: UD1P has no debt compared to 5 years ago when its debt to equity ratio was 225.6%.
Debt Coverage: UD1P has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: UD1P has no debt, therefore coverage of interest payments is not a concern.