International Petroleum Balance Sheet Health
Financial Health criteria checks 4/6
International Petroleum has a total shareholder equity of $1.1B and total debt of $444.1M, which brings its debt-to-equity ratio to 41.1%. Its total assets and total liabilities are $2.1B and $982.7M respectively. International Petroleum's EBIT is $218.7M making its interest coverage ratio 52. It has cash and short-term investments of $517.1M.
Key information
41.1%
Debt to equity ratio
US$444.07m
Debt
| Interest coverage ratio | 52x |
| Cash | US$517.07m |
| Equity | US$1.08b |
| Total liabilities | US$982.73m |
| Total assets | US$2.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IPT's short term assets ($690.6M) exceed its short term liabilities ($202.9M).
Long Term Liabilities: IPT's short term assets ($690.6M) do not cover its long term liabilities ($779.8M).
Debt to Equity History and Analysis
Debt Level: IPT has more cash than its total debt.
Reducing Debt: IPT's debt to equity ratio has increased from 40.8% to 41.1% over the past 5 years.
Debt Coverage: IPT's debt is well covered by operating cash flow (78%).
Interest Coverage: IPT's interest payments on its debt are well covered by EBIT (52x coverage).