Cohen Development Gas & Oil Balance Sheet Health
Financial Health criteria checks 6/6
Cohen Development Gas & Oil has a total shareholder equity of $26.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $32.4M and $6.3M respectively. Cohen Development Gas & Oil's EBIT is $24.9M making its interest coverage ratio -41.8. It has cash and short-term investments of $6.1M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -41.8x |
| Cash | US$6.15m |
| Equity | US$26.17m |
| Total liabilities | US$6.26m |
| Total assets | US$32.44m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CDEV's short term assets ($10.0M) exceed its short term liabilities ($6.3M).
Long Term Liabilities: CDEV has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CDEV is debt free.
Reducing Debt: CDEV has not had any debt for past 5 years.
Debt Coverage: CDEV has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CDEV has no debt, therefore coverage of interest payments is not a concern.