PEDEVCO Balance Sheet Health
Financial Health criteria checks 6/6
PEDEVCO has a total shareholder equity of $106.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $114.3M and $7.8M respectively. PEDEVCO's EBIT is $5.4M making its interest coverage ratio -11.4. It has cash and short-term investments of $4.6M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -11.4x |
| Cash | US$4.62m |
| Equity | US$106.54m |
| Total liabilities | US$7.77m |
| Total assets | US$114.31m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UD1P's short term assets ($11.0M) exceed its short term liabilities ($5.2M).
Long Term Liabilities: UD1P's short term assets ($11.0M) exceed its long term liabilities ($2.5M).
Debt to Equity History and Analysis
Debt Level: UD1P is debt free.
Reducing Debt: UD1P had no debt 5 years ago.
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.