Battalion Oil Balance Sheet Health
Financial Health criteria checks 2/6
Battalion Oil has a total shareholder equity of $162.9M and total debt of $181.9M, which brings its debt-to-equity ratio to 111.7%. Its total assets and total liabilities are $488.6M and $325.7M respectively.
Key information
111.7%
Debt to equity ratio
US$181.93m
Debt
Interest coverage ratio | n/a |
Cash | US$48.94m |
Equity | US$162.94m |
Total liabilities | US$325.68m |
Total assets | US$488.62m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RAQB's short term assets ($83.6M) do not cover its short term liabilities ($147.6M).
Long Term Liabilities: RAQB's short term assets ($83.6M) do not cover its long term liabilities ($178.1M).
Debt to Equity History and Analysis
Debt Level: RAQB's net debt to equity ratio (81.6%) is considered high.
Reducing Debt: RAQB's debt to equity ratio has increased from 84.2% to 111.7% over the 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: RAQB has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: RAQB has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 61% each year.