Interoil Exploration and Production Balance Sheet Health
Financial Health criteria checks 2/6
Interoil Exploration and Production has a total shareholder equity of $-25.8M and total debt of $32.7M, which brings its debt-to-equity ratio to -126.9%. Its total assets and total liabilities are $44.0M and $69.8M respectively.
Key information
-126.9%
Debt to equity ratio
US$32.71m
Debt
| Interest coverage ratio | n/a |
| Cash | US$677.00k |
| Equity | -US$25.78m |
| Total liabilities | US$69.78m |
| Total assets | US$44.01m |
Recent financial health updates
No updates
Recent updates
Market Might Still Lack Some Conviction On Interoil Exploration and Production ASA (OB:IOX) Even After 28% Share Price Boost
Nov 21
It's Down 27% But Interoil Exploration and Production ASA (OB:IOX) Could Be Riskier Than It Looks
Aug 18Further Upside For Interoil Exploration and Production ASA (OB:IOX) Shares Could Introduce Price Risks After 212% Bounce
Jun 17Take Care Before Jumping Onto Interoil Exploration and Production ASA (OB:IOX) Even Though It's 29% Cheaper
May 03Interoil Exploration and Production ASA (OB:IOX) Might Not Be As Mispriced As It Looks After Plunging 34%
Mar 06Interoil Exploration and Production ASA (OB:IOX) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Jan 21Investors Holding Back On Interoil Exploration and Production ASA (OB:IOX)
Aug 22Financial Position Analysis
Short Term Liabilities: IOX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: IOX has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: IOX has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: IOX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable IOX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: IOX is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 23.3% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:10 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Interoil Exploration and Production ASA is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Irmantas Vaskela | Norne Securities AS |
| Thomas Aarrestad | Pareto Securities |
| Teodor Sveen-Nilsen | Swedbank Norway |