Tethys Oil Balance Sheet Health
Financial Health criteria checks 6/6
Tethys Oil has a total shareholder equity of $260.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $287.8M and $27.5M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$14.90m |
Equity | US$260.30m |
Total liabilities | US$27.50m |
Total assets | US$287.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TZB0's short term assets ($36.5M) exceed its short term liabilities ($13.8M).
Long Term Liabilities: TZB0's short term assets ($36.5M) exceed its long term liabilities ($13.7M).
Debt to Equity History and Analysis
Debt Level: TZB0 is debt free.
Reducing Debt: TZB0 had no debt 5 years ago.
Debt Coverage: TZB0 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TZB0 has no debt, therefore coverage of interest payments is not a concern.