Jutal Offshore Oil Services Balance Sheet Health
Financial Health criteria checks 6/6
Jutal Offshore Oil Services has a total shareholder equity of CN¥2.2B and total debt of CN¥180.2M, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are CN¥3.6B and CN¥1.4B respectively. Jutal Offshore Oil Services's EBIT is CN¥546.0M making its interest coverage ratio -153.7. It has cash and short-term investments of CN¥1.0B.
Key information
8.2%
Debt to equity ratio
CN¥180.20m
Debt
| Interest coverage ratio | -153.7x |
| Cash | CN¥1.01b |
| Equity | CN¥2.21b |
| Total liabilities | CN¥1.40b |
| Total assets | CN¥3.61b |
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
Shareholders Would Enjoy A Repeat Of Jutal Offshore Oil Services' (HKG:3303) Recent Growth In Returns
Aug 29Jutal Offshore Oil Services Limited (HKG:3303) May Have Run Too Fast Too Soon With Recent 28% Price Plummet
Jun 27What 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¥2.2B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 3303's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥90.9M).
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 26.7% to 8.2% over the past 5 years.
Debt Coverage: 3303's debt is well covered by operating cash flow (310.6%).
Interest Coverage: 3303 earns more interest than it pays, so coverage of interest payments is not a concern.