United States Oil Fund Balance Sheet Health
Financial Health criteria checks 6/6
United States Oil Fund has a total shareholder equity of $1.4B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.5B and $41.2M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$909.06m |
Equity | US$1.42b |
Total liabilities | US$41.22m |
Total assets | US$1.46b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: USO's short term assets ($1.5B) exceed its short term liabilities ($1.8M).
Long Term Liabilities: USO's short term assets ($1.5B) exceed its long term liabilities ($39.5M).
Debt to Equity History and Analysis
Debt Level: USO is debt free.
Reducing Debt: USO has not had any debt for past 5 years.
Debt Coverage: USO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: USO has no debt, therefore coverage of interest payments is not a concern.