Geo Energy Resources Balance Sheet Health
Financial Health criteria checks 4/6
Geo Energy Resources has a total shareholder equity of $499.6M and total debt of $226.2M, which brings its debt-to-equity ratio to 45.3%. Its total assets and total liabilities are $937.4M and $437.8M respectively. Geo Energy Resources's EBIT is $55.9M making its interest coverage ratio -70.5. It has cash and short-term investments of $170.8M.
Key information
45.3%
Debt to equity ratio
US$226.25m
Debt
Interest coverage ratio | -70.5x |
Cash | US$170.80m |
Equity | US$499.60m |
Total liabilities | US$437.76m |
Total assets | US$937.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7GE's short term assets ($306.2M) exceed its short term liabilities ($122.6M).
Long Term Liabilities: 7GE's short term assets ($306.2M) do not cover its long term liabilities ($315.1M).
Debt to Equity History and Analysis
Debt Level: 7GE's net debt to equity ratio (11.1%) is considered satisfactory.
Reducing Debt: 7GE's debt to equity ratio has reduced from 166.9% to 45.3% over the past 5 years.
Debt Coverage: 7GE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 7GE earns more interest than it pays, so coverage of interest payments is not a concern.