VAALCO Energy Balance Sheet Health
Financial Health criteria checks 6/6
VAALCO Energy has a total shareholder equity of $472.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $809.1M and $336.6M respectively. VAALCO Energy's EBIT is $169.9M making its interest coverage ratio 33. It has cash and short-term investments of $113.3M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 33x |
| Cash | US$113.32m |
| Equity | US$472.59m |
| Total liabilities | US$336.56m |
| Total assets | US$809.15m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EGY's short term assets ($217.7M) exceed its short term liabilities ($131.2M).
Long Term Liabilities: EGY's short term assets ($217.7M) exceed its long term liabilities ($205.4M).
Debt to Equity History and Analysis
Debt Level: EGY is debt free.
Reducing Debt: EGY had no debt 5 years ago.
Debt Coverage: EGY has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: EGY has no debt, therefore coverage of interest payments is not a concern.