Regency Petroleum Balance Sheet Health
Financial Health criteria checks 3/6
Regency Petroleum has a total shareholder equity of JMD434.8M and total debt of JMD215.6M, which brings its debt-to-equity ratio to 49.6%. Its total assets and total liabilities are JMD704.9M and JMD270.1M respectively. Regency Petroleum's EBIT is JMD49.3M making its interest coverage ratio 43.7. It has cash and short-term investments of JMD67.1M.
Key information
49.6%
Debt to equity ratio
JA$215.60m
Debt
Interest coverage ratio | 43.7x |
Cash | JA$67.10m |
Equity | JA$434.79m |
Total liabilities | JA$270.15m |
Total assets | JA$704.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RPL's short term assets (JMD198.4M) exceed its short term liabilities (JMD48.4M).
Long Term Liabilities: RPL's short term assets (JMD198.4M) do not cover its long term liabilities (JMD221.7M).
Debt to Equity History and Analysis
Debt Level: RPL's net debt to equity ratio (34.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if RPL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: RPL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RPL's interest payments on its debt are well covered by EBIT (43.7x coverage).