Tullow Oil Balance Sheet Health
Financial Health criteria checks 1/6
Tullow Oil has a total shareholder equity of $-156.6M and total debt of $2.0B, which brings its debt-to-equity ratio to -1264%. Its total assets and total liabilities are $4.2B and $4.4B respectively. Tullow Oil's EBIT is $427.5M making its interest coverage ratio 1.5. It has cash and short-term investments of $272.6M.
Key information
-1,264.0%
Debt to equity ratio
US$1.98b
Debt
| Interest coverage ratio | 1.5x |
| Cash | US$272.60m |
| Equity | -US$156.60m |
| Total liabilities | US$4.37b |
| Total assets | US$4.21b |
Recent financial health updates
Recent updates
Tullow Oil plc's (LON:TLW) Intrinsic Value Is Potentially 95% Above Its Share Price
Mar 28
Under The Bonnet, Tullow Oil's (LON:TLW) Returns Look Impressive
Feb 27Tullow Oil plc (LON:TLW) Shares Could Be 28% Below Their Intrinsic Value Estimate
Nov 29Investors Shouldn't Overlook Tullow Oil's (LON:TLW) Impressive Returns On Capital
Oct 19We Like These Underlying Return On Capital Trends At Tullow Oil (LON:TLW)
Jul 01Calculating The Fair Value Of Tullow Oil plc (LON:TLW)
Feb 09
If You Had Bought Tullow Oil's (LON:TLW) Shares Three Years Ago You Would Be Down 85%
Dec 22Financial Position Analysis
Short Term Liabilities: TLW has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: TLW 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: TLW has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: TLW's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: TLW's debt is well covered by operating cash flow (45.2%).
Interest Coverage: TLW's interest payments on its debt are not well covered by EBIT (1.5x coverage).