Awilco Drilling Balance Sheet Health
Financial Health criteria checks 3/6
Awilco Drilling has a total shareholder equity of $-768.0K and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $13.7M and $14.5M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$10.47m |
Equity | -US$768.00k |
Total liabilities | US$14.47m |
Total assets | US$13.70m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0Q2K has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 0Q2K 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: 0Q2K is debt free.
Reducing Debt: 0Q2K's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 0Q2K has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 0Q2K has no debt, therefore coverage of interest payments is not a concern.