Petrofac Balance Sheet Health
Financial Health criteria checks 2/6
Petrofac has a total shareholder equity of $-651.0M and total debt of $786.0M, which brings its debt-to-equity ratio to -120.7%. Its total assets and total liabilities are $2.7B and $3.4B respectively.
Key information
-120.7%
Debt to equity ratio
US$786.00m
Debt
| Interest coverage ratio | n/a |
| Cash | US$164.00m |
| Equity | -US$651.00m |
| Total liabilities | US$3.35b |
| Total assets | US$2.70b |
Recent financial health updates
Does Petrofac (LON:PFC) Have A Healthy Balance Sheet?
Apr 13
Petrofac (LON:PFC) Takes On Some Risk With Its Use Of Debt
Dec 02Does Petrofac (LON:PFC) Have A Healthy Balance Sheet?
May 06Recent updates
Petrofac Limited (LON:PFC) Just Reported And Analysts Have Been Lifting Their Price Targets
Jun 05Calculating The Fair Value Of Petrofac Limited (LON:PFC)
May 04Petrofac Limited's (LON:PFC) Intrinsic Value Is Potentially 80% Above Its Share Price
Nov 25Petrofac Limited's (LON:PFC) Intrinsic Value Is Potentially 26% Above Its Share Price
Jun 24Does Petrofac (LON:PFC) Have A Healthy Balance Sheet?
Apr 13Petrofac (LON:PFC) Takes On Some Risk With Its Use Of Debt
Dec 02Does Petrofac (LON:PFC) Have A Healthy Balance Sheet?
May 06Petrofac's (LON:PFC) Shareholders Are Down 87% On Their Shares
Mar 01Have Insiders Been Buying Petrofac Limited (LON:PFC) Shares?
Jan 25
What Type Of Shareholders Own The Most Number of Petrofac Limited (LON:PFC) Shares?
Dec 21A Look At Petrofac's (LON:PFC) Share Price Returns
Nov 23Financial Position Analysis
Short Term Liabilities: PFC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: PFC 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: PFC has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: PFC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable PFC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PFC is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 49.1% per year.