Jutal Offshore Oil Services Balance Sheet Health
Financial Health criteria checks 6/6
Jutal Offshore Oil Services has a total shareholder equity of CN¥2.0B and total debt of CN¥309.3M, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are CN¥4.1B and CN¥2.1B respectively. Jutal Offshore Oil Services's EBIT is CN¥435.3M making its interest coverage ratio 66.4. It has cash and short-term investments of CN¥811.0M.
Key information
15.4%
Debt to equity ratio
CN¥309.30m
Debt
| Interest coverage ratio | 66.4x |
| Cash | CN¥811.00m |
| Equity | CN¥2.01b |
| Total liabilities | CN¥2.07b |
| Total assets | CN¥4.08b |
Recent financial health updates
Is Jutal Offshore Oil Services (HKG:3303) A Risky Investment?
Aug 31
We Think Jutal Offshore Oil Services (HKG:3303) Can Stay On Top Of Its Debt
May 27Jutal Offshore Oil Services (HKG:3303) Has A Pretty Healthy Balance Sheet
Dec 07Recent updates
What Jutal Offshore Oil Services Limited's (HKG:3303) 37% Share Price Gain Is Not Telling You
Apr 26Jutal Offshore Oil Services Limited's (HKG:3303) Business Is Trailing The Industry But Its Shares Aren't
Jan 26The Return Trends At Jutal Offshore Oil Services (HKG:3303) Look Promising
Nov 08Is Jutal Offshore Oil Services (HKG:3303) A Risky Investment?
Aug 31Returns On Capital Are Showing Encouraging Signs At Jutal Offshore Oil Services (HKG:3303)
Jan 15With EPS Growth And More, Jutal Offshore Oil Services (HKG:3303) Is Interesting
Sep 14We Think Jutal Offshore Oil Services (HKG:3303) Can Stay On Top Of Its Debt
May 27The Return Trends At Jutal Offshore Oil Services (HKG:3303) Look Promising
May 09Jutal Offshore Oil Services' (HKG:3303) Shareholders Are Down 69% On Their Shares
Feb 14
What Type Of Shareholders Make Up Jutal Offshore Oil Services Limited's (HKG:3303) Share Registry?
Jan 10Jutal Offshore Oil Services (HKG:3303) Has A Pretty Healthy Balance Sheet
Dec 07Financial Position Analysis
Short Term Liabilities: 3303's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 3303's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥292.0M).
Debt to Equity History and Analysis
Debt Level: 3303 has more cash than its total debt.
Reducing Debt: 3303's debt to equity ratio has reduced from 37.8% to 15.4% over the past 5 years.
Debt Coverage: 3303's debt is well covered by operating cash flow (71%).
Interest Coverage: 3303's interest payments on its debt are well covered by EBIT (66.4x coverage).