Europa Oil & Gas (Holdings) Balance Sheet Health
Financial Health criteria checks 3/6
Europa Oil & Gas (Holdings) has a total shareholder equity of £3.8M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £9.8M and £6.0M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£1.46m |
| Equity | UK£3.78m |
| Total liabilities | UK£6.00m |
| Total assets | UK£9.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EGN's short term assets (£2.8M) exceed its short term liabilities (£1.4M).
Long Term Liabilities: EGN's short term assets (£2.8M) do not cover its long term liabilities (£4.6M).
Debt to Equity History and Analysis
Debt Level: EGN is debt free.
Reducing Debt: EGN 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: EGN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EGN has less than a year of cash runway if free cash flow continues to grow at historical rates of 8.7% each year.