Ratio Energies - Limited Partnership Balance Sheet Health
Financial Health criteria checks 4/6
Ratio Energies - Limited Partnership has a total shareholder equity of $425.0M and total debt of $599.2M, which brings its debt-to-equity ratio to 141%. Its total assets and total liabilities are $1.2B and $769.2M respectively. Ratio Energies - Limited Partnership's EBIT is $211.5M making its interest coverage ratio 4.3. It has cash and short-term investments of $170.2M.
Key information
141.0%
Debt to equity ratio
US$599.15m
Debt
Interest coverage ratio | 4.3x |
Cash | US$170.15m |
Equity | US$425.03m |
Total liabilities | US$769.18m |
Total assets | US$1.19b |
Recent financial health updates
Here's Why Ratio Energies - Limited Partnership (TLV:RATI) Has A Meaningful Debt Burden
May 22Is 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 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 14Recent updates
Here's Why Ratio Energies - Limited Partnership (TLV:RATI) Has A Meaningful Debt Burden
May 22Investors 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 ($255.0M) exceed its short term liabilities ($111.7M).
Long Term Liabilities: RATI's short term assets ($255.0M) do not cover its long term liabilities ($657.5M).
Debt to Equity History and Analysis
Debt Level: RATI's net debt to equity ratio (100.9%) is considered high.
Reducing Debt: RATI's debt to equity ratio has reduced from 351.6% to 141% over the past 5 years.
Debt Coverage: RATI's debt is well covered by operating cash flow (28.5%).
Interest Coverage: RATI's interest payments on its debt are well covered by EBIT (4.3x coverage).