East West Petroleum Balance Sheet Health
Financial Health criteria checks 6/6
East West Petroleum has a total shareholder equity of CA$4.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$6.5M and CA$1.7M respectively. East West Petroleum's EBIT is CA$71.5K making its interest coverage ratio -0.3. It has cash and short-term investments of CA$5.7M.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | -0.3x |
| Cash | CA$5.69m |
| Equity | CA$4.80m |
| Total liabilities | CA$1.68m |
| Total assets | CA$6.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 37A's short term assets (CA$5.7M) exceed its short term liabilities (CA$168.6K).
Long Term Liabilities: 37A's short term assets (CA$5.7M) exceed its long term liabilities (CA$1.5M).
Debt to Equity History and Analysis
Debt Level: 37A is debt free.
Reducing Debt: 37A has not had any debt for past 5 years.
Debt Coverage: 37A has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 37A has no debt, therefore coverage of interest payments is not a concern.