Africa Oil Balance Sheet Health
Financial Health criteria checks 6/6
Africa Oil has a total shareholder equity of $872.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $946.2M and $73.4M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$195.50m |
Equity | US$872.80m |
Total liabilities | US$73.40m |
Total assets | US$946.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AOIS's short term assets ($201.7M) exceed its short term liabilities ($25.0M).
Long Term Liabilities: AOIS's short term assets ($201.7M) exceed its long term liabilities ($48.4M).
Debt to Equity History and Analysis
Debt Level: AOIS is debt free.
Reducing Debt: AOIS had no debt 5 years ago.
Debt Coverage: AOIS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AOIS has no debt, therefore coverage of interest payments is not a concern.