IOG Balance Sheet Health
Financial Health criteria checks 1/6
IOG has a total shareholder equity of £2.6M and total debt of £97.4M, which brings its debt-to-equity ratio to 3760.6%. Its total assets and total liabilities are £206.5M and £203.9M respectively.
Key information
3,760.6%
Debt to equity ratio
UK£97.44m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£26.69m |
| Equity | UK£2.59m |
| Total liabilities | UK£203.91m |
| Total assets | UK£206.50m |
Recent financial health updates
Recent updates
What You Need To Know About The IOG plc (LON:IOG) Analyst Downgrade Today
May 11
What Does The Future Hold For IOG plc (LON:IOG)? These Analysts Have Been Cutting Their Estimates
Nov 17Is IOG (LON:IOG) Using Too Much Debt?
Oct 23IOG (LON:IOG) Strong Profits May Be Masking Some Underlying Issues
Sep 02Is There An Opportunity With IOG plc's (LON:IOG) 47% Undervaluation?
Aug 24Are Investors Undervaluing IOG plc (LON:IOG) By 24%?
May 11IOG (LON:IOG) Is Carrying A Fair Bit Of Debt
Sep 11What Kind Of Shareholders Hold The Majority In Independent Oil and Gas plc's (LON:IOG) Shares?
Mar 08Financial Position Analysis
Short Term Liabilities: IOG's short term assets (£38.2M) do not cover its short term liabilities (£64.1M).
Long Term Liabilities: IOG's short term assets (£38.2M) do not cover its long term liabilities (£139.9M).
Debt to Equity History and Analysis
Debt Level: IOG's net debt to equity ratio (2730.4%) is considered high.
Reducing Debt: IOG had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: Insufficient data to determine if IOG has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if IOG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.