Cadogan Energy Solutions Balance Sheet Health
Financial Health criteria checks 6/6
Cadogan Energy Solutions has a total shareholder equity of $36.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $38.2M and $2.0M respectively. Cadogan Energy Solutions's EBIT is $401.0K making its interest coverage ratio -0.3. It has cash and short-term investments of $15.1M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -0.3x |
| Cash | US$15.14m |
| Equity | US$36.22m |
| Total liabilities | US$2.03m |
| Total assets | US$38.24m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CAD's short term assets ($32.8M) exceed its short term liabilities ($1.7M).
Long Term Liabilities: CAD's short term assets ($32.8M) exceed its long term liabilities ($330.0K).
Debt to Equity History and Analysis
Debt Level: CAD is debt free.
Reducing Debt: CAD had no debt 5 years ago.
Debt Coverage: CAD has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CAD has no debt, therefore coverage of interest payments is not a concern.