PetroNor E&P Balance Sheet Health
Financial Health criteria checks 6/6
PetroNor E&P has a total shareholder equity of $218.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $261.7M and $43.5M respectively. PetroNor E&P's EBIT is $103.7M making its interest coverage ratio 93.2. It has cash and short-term investments of $100.7M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 93.2x |
| Cash | US$100.71m |
| Equity | US$218.25m |
| Total liabilities | US$43.49m |
| Total assets | US$261.74m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FQ00's short term assets ($122.2M) exceed its short term liabilities ($15.4M).
Long Term Liabilities: FQ00's short term assets ($122.2M) exceed its long term liabilities ($28.1M).
Debt to Equity History and Analysis
Debt Level: FQ00 is debt free.
Reducing Debt: FQ00 has no debt compared to 5 years ago when its debt to equity ratio was 50.7%.
Debt Coverage: FQ00 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FQ00 has no debt, therefore coverage of interest payments is not a concern.