Ratio Energies - Limited Partnership Balance Sheet Health
Financial Health criteria checks 4/6
Ratio Energies - Limited Partnership has a total shareholder equity of $423.7M and total debt of $598.2M, which brings its debt-to-equity ratio to 141.2%. Its total assets and total liabilities are $1.2B and $739.4M respectively. Ratio Energies - Limited Partnership's EBIT is $220.0M making its interest coverage ratio 3.4. It has cash and short-term investments of $153.2M.
Key information
141.2%
Debt to equity ratio
US$598.22m
Debt
| Interest coverage ratio | 3.4x |
| Cash | US$153.16m |
| Equity | US$423.71m |
| Total liabilities | US$739.40m |
| Total assets | US$1.16b |
Recent financial health updates
Is Ratio Energies - Limited Partnership (TLV:RATI) A Risky Investment?
Oct 09
Here's Why Ratio Energies - Limited Partnership (TLV:RATI) Can Manage Its Debt Responsibly
May 17Ratio Energies - Limited Partnership (TLV:RATI) Takes On Some Risk With Its Use Of Debt
Jul 06Is Ratio Oil Explorations (1992) – Limited Partnership (TLV:RATI.L) Using Too Much Debt?
Jan 03These 4 Measures Indicate That Ratio Oil Exploration (1992) Limited Partnership (TLV:RATI.L) Is Using Debt In A Risky Way
Apr 14These 4 Measures Indicate That Ratio Oil Exploration (1992) Limited Partnership (TLV:RATI.L) Is Using Debt In A Risky Way
Jan 05
Recent updates
Investors Should Be Encouraged By Ratio Energies - Limited Partnership's (TLV:RATI) Returns On Capital
Nov 03Is Ratio Energies - Limited Partnership (TLV:RATI) A Risky Investment?
Oct 09Here's Why Ratio Energies - Limited Partnership (TLV:RATI) Can Manage Its Debt Responsibly
May 17Here's Why Ratio Energies - Limited Partnership (TLV:RATI) Has Caught The Eye Of Investors
Aug 01Ratio Energies - Limited Partnership (TLV:RATI) Takes On Some Risk With Its Use Of Debt
Jul 06The Return Trends At Ratio Energies - Limited Partnership (TLV:RATI) Look Promising
Jun 21Subdued Growth No Barrier To Ratio Oil Explorations (1992) – Limited Partnership's (TLV:RATI) Price
Feb 20Is Ratio Oil Explorations (1992) – Limited Partnership (TLV:RATI.L) Using Too Much Debt?
Jan 03These 4 Measures Indicate That Ratio Oil Exploration (1992) Limited Partnership (TLV:RATI.L) Is Using Debt In A Risky Way
Apr 14Is There More Growth In Store For Ratio Oil Exploration (1992) Limited Partnership's (TLV:RATI.L) Returns On Capital?
Mar 05Here's What Ratio Oil Exploration (1992) Limited Partnership's (TLV:RATI.L) Shareholder Ownership Structure Looks Like
Feb 11Reflecting on Ratio Oil Exploration (1992) Limited Partnership's (TLV:RATI.L) Share Price Returns Over The Last Year
Jan 25These 4 Measures Indicate That Ratio Oil Exploration (1992) Limited Partnership (TLV:RATI.L) Is Using Debt In A Risky Way
Jan 05We Wouldn't Rely On Ratio Oil Exploration (1992) Limited Partnership's (TLV:RATI.L) Statutory Earnings As A Guide
Dec 17Will The ROCE Trend At Ratio Oil Exploration (1992) Limited Partnership (TLV:RATI.L) Continue?
Nov 27Financial Position Analysis
Short Term Liabilities: RATI's short term assets ($230.8M) exceed its short term liabilities ($82.8M).
Long Term Liabilities: RATI's short term assets ($230.8M) do not cover its long term liabilities ($656.6M).
Debt to Equity History and Analysis
Debt Level: RATI's net debt to equity ratio (105%) is considered high.
Reducing Debt: RATI's debt to equity ratio has reduced from 340.9% to 141.2% over the past 5 years.
Debt Coverage: RATI's debt is well covered by operating cash flow (33%).
Interest Coverage: RATI's interest payments on its debt are well covered by EBIT (3.4x coverage).