Eco (Atlantic) Oil & Gas Ltd.

DB:EOI Stock Report

Market Cap: €48.2m

Eco (Atlantic) Oil & Gas Balance Sheet Health

Financial Health criteria checks 4/6

Eco (Atlantic) Oil & Gas has a total shareholder equity of $28.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $29.7M and $791.4K respectively.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ration/a
CashUS$1.20m
EquityUS$28.86m
Total liabilitiesUS$791.42k
Total assetsUS$29.65m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: EOI's short term assets ($1.3M) exceed its short term liabilities ($791.4K).

Long Term Liabilities: EOI has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: EOI is debt free.

Reducing Debt: EOI has not had any debt for past 5 years.


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: EOI has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: EOI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 32.7% each year


Discover healthy companies