Maridive and Oil ServicesE Balance Sheet Health
Financial Health criteria checks 0/6
Maridive and Oil ServicesE has a total shareholder equity of $-7.8M and total debt of $355.0M, which brings its debt-to-equity ratio to -4556.9%. Its total assets and total liabilities are $591.3M and $599.1M respectively. Maridive and Oil ServicesE's EBIT is $49.2M making its interest coverage ratio 1.3. It has cash and short-term investments of $19.1M.
Key information
-4,556.9%
Debt to equity ratio
US$355.01m
Debt
| Interest coverage ratio | 1.3x |
| Cash | US$19.14m |
| Equity | -US$7.79m |
| Total liabilities | US$599.09m |
| Total assets | US$591.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MOIL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MOIL has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: MOIL has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MOIL's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: MOIL's debt is not well covered by operating cash flow (16.3%).
Interest Coverage: MOIL's interest payments on its debt are not well covered by EBIT (1.3x coverage).