Tamar Petroleum Balance Sheet Health
Financial Health criteria checks 2/6
Tamar Petroleum has a total shareholder equity of $392.8M and total debt of $752.0M, which brings its debt-to-equity ratio to 191.4%. Its total assets and total liabilities are $1.2B and $829.4M respectively. Tamar Petroleum's EBIT is $97.5M making its interest coverage ratio 2.9. It has cash and short-term investments of $32.2M.
Key information
191.4%
Debt to equity ratio
US$751.96m
Debt
| Interest coverage ratio | 2.9x |
| Cash | US$32.17m |
| Equity | US$392.77m |
| Total liabilities | US$829.40m |
| Total assets | US$1.22b |
Recent financial health updates
These 4 Measures Indicate That Tamar Petroleum (TLV:TMRP) Is Using Debt Extensively
Feb 20
Tamar Petroleum (TLV:TMRP) Has A Somewhat Strained Balance Sheet
Feb 18Recent updates
Tamar Petroleum Ltd's (TLV:TMRP) 28% Share Price Surge Not Quite Adding Up
Mar 23Estimating The Fair Value Of Tamar Petroleum Ltd (TLV:TMRP)
Mar 18These 4 Measures Indicate That Tamar Petroleum (TLV:TMRP) Is Using Debt Extensively
Feb 20Returns On Capital At Tamar Petroleum (TLV:TMRP) Paint A Concerning Picture
Dec 09Tamar Petroleum (TLV:TMRP) Will Want To Turn Around Its Return Trends
Jul 19Tamar Petroleum's (TLV:TMRP) Soft Earnings Don't Show The Whole Picture
Jun 03Tamar Petroleum (TLV:TMRP) Might Be Having Difficulty Using Its Capital Effectively
Mar 14Investors Could Be Concerned With Tamar Petroleum's (TLV:TMRP) Returns On Capital
May 19Tamar Petroleum (TLV:TMRP) Has A Somewhat Strained Balance Sheet
Feb 18How Many Tamar Petroleum Ltd (TLV:TMRP) Shares Do Institutions Own?
Jan 21Reflecting on Tamar Petroleum's (TLV:TMRP) Share Price Returns Over The Last Three Years
Dec 24The Returns At Tamar Petroleum (TLV:TMRP) Provide Us With Signs Of What's To Come
Nov 18
Financial Position Analysis
Short Term Liabilities: TMRP's short term assets ($143.0M) exceed its short term liabilities ($101.8M).
Long Term Liabilities: TMRP's short term assets ($143.0M) do not cover its long term liabilities ($727.6M).
Debt to Equity History and Analysis
Debt Level: TMRP's net debt to equity ratio (183.3%) is considered high.
Reducing Debt: TMRP's debt to equity ratio has reduced from 808.9% to 191.4% over the past 5 years.
Debt Coverage: TMRP's debt is not well covered by operating cash flow (11.9%).
Interest Coverage: TMRP's interest payments on its debt are not well covered by EBIT (2.9x coverage).