Europa Oil & Gas (Holdings) Balance Sheet Health
Financial Health criteria checks 6/6
Europa Oil & Gas (Holdings) has a total shareholder equity of £9.5M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £17.1M and £7.6M respectively. Europa Oil & Gas (Holdings)'s EBIT is £1.0M making its interest coverage ratio -3.5. It has cash and short-term investments of £2.7M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -3.5x |
| Cash | UK£2.71m |
| Equity | UK£9.48m |
| Total liabilities | UK£7.62m |
| Total assets | UK£17.10m |
Recent financial health updates
No updates
Recent updates
Why Investors Shouldn't Be Surprised By Europa Oil & Gas (Holdings) plc's (LON:EOG) 40% Share Price Surge
Jun 08
Investors Shouldn't Be Too Comfortable With Europa Oil & Gas (Holdings)'s (LON:EOG) Robust Earnings
Nov 26A Look At The Intrinsic Value Of Europa Oil & Gas (Holdings) plc (LON:EOG)
Apr 01Europa Oil & Gas (Holdings) plc (LON:EOG): Are Analysts Optimistic?
Jan 20Financial Position Analysis
Short Term Liabilities: EOG's short term assets (£4.8M) exceed its short term liabilities (£3.0M).
Long Term Liabilities: EOG's short term assets (£4.8M) exceed its long term liabilities (£4.6M).
Debt to Equity History and Analysis
Debt Level: EOG is debt free.
Reducing Debt: EOG had no debt 5 years ago.
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: EOG has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: EOG has sufficient cash runway for 1.4 years if free cash flow continues to grow at historical rates of 9.7% each year.