Evolution Petroleum Balance Sheet Health
Financial Health criteria checks 5/6
Evolution Petroleum has a total shareholder equity of $87.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $126.0M and $38.5M respectively. Evolution Petroleum's EBIT is $21.8M making its interest coverage ratio -124.1. It has cash and short-term investments of $8.5M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -124.1x |
Cash | US$8.46m |
Equity | US$87.44m |
Total liabilities | US$38.53m |
Total assets | US$125.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EP7's short term assets ($21.1M) exceed its short term liabilities ($14.5M).
Long Term Liabilities: EP7's short term assets ($21.1M) do not cover its long term liabilities ($24.0M).
Debt to Equity History and Analysis
Debt Level: EP7 is debt free.
Reducing Debt: EP7 had no debt 5 years ago.
Debt Coverage: EP7 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: EP7 has no debt, therefore coverage of interest payments is not a concern.