Union Jack Oil Balance Sheet Health

Financial Health criteria checks 6/6

Union Jack Oil has a total shareholder equity of £21.9M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £24.2M and £2.3M respectively. Union Jack Oil's EBIT is £1.2M making its interest coverage ratio -8.8. It has cash and short-term investments of £6.2M.

Key information

0%

Debt to equity ratio

UK£0

Debt

Interest coverage ratio-8.8x
CashUK£6.20m
EquityUK£21.90m
Total liabilitiesUK£2.28m
Total assetsUK£24.18m

Recent financial health updates

Recent updates

Union Jack Oil plc (LON:UJO) May Have Run Too Fast Too Soon With Recent 26% Price Plummet

Sep 01
Union Jack Oil plc (LON:UJO) May Have Run Too Fast Too Soon With Recent 26% Price Plummet

Estimating The Fair Value Of Union Jack Oil plc (LON:UJO)

May 21
Estimating The Fair Value Of Union Jack Oil plc (LON:UJO)

Financial Position Analysis

Short Term Liabilities: UJO's short term assets (£6.7M) exceed its short term liabilities (£389.5K).

Long Term Liabilities: UJO's short term assets (£6.7M) exceed its long term liabilities (£1.9M).


Debt to Equity History and Analysis

Debt Level: UJO is debt free.

Reducing Debt: UJO has not had any debt for past 5 years.

Debt Coverage: UJO has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: UJO has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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