VAALCO Energy Balance Sheet Health
Financial Health criteria checks 5/6
VAALCO Energy has a total shareholder equity of $501.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $937.9M and $436.9M respectively. VAALCO Energy's EBIT is $181.0M making its interest coverage ratio 48.7. It has cash and short-term investments of $89.1M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 48.7x |
| Cash | US$89.10m |
| Equity | US$501.03m |
| Total liabilities | US$436.87m |
| Total assets | US$937.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EGY's short term assets ($236.8M) exceed its short term liabilities ($176.2M).
Long Term Liabilities: EGY's short term assets ($236.8M) do not cover its long term liabilities ($260.6M).
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.