Jutal Offshore Oil Services Balance Sheet Health
Financial Health criteria checks 6/6
Jutal Offshore Oil Services has a total shareholder equity of CN¥2.0B and total debt of CN¥309.3M, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are CN¥4.1B and CN¥2.1B respectively. Jutal Offshore Oil Services's EBIT is CN¥435.3M making its interest coverage ratio 66.4. It has cash and short-term investments of CN¥875.5M.
Key information
15.4%
Debt to equity ratio
CN¥309.30m
Debt
Interest coverage ratio | 66.4x |
Cash | CN¥875.50m |
Equity | CN¥2.01b |
Total liabilities | CN¥2.07b |
Total assets | CN¥4.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: I8O's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: I8O's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥292.0M).
Debt to Equity History and Analysis
Debt Level: I8O has more cash than its total debt.
Reducing Debt: I8O's debt to equity ratio has reduced from 37.8% to 15.4% over the past 5 years.
Debt Coverage: I8O's debt is well covered by operating cash flow (92.8%).
Interest Coverage: I8O's interest payments on its debt are well covered by EBIT (66.4x coverage).