RH PetroGas Balance Sheet Health
Financial Health criteria checks 6/6
RH PetroGas has a total shareholder equity of $62.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $98.2M and $36.2M respectively. RH PetroGas's EBIT is $37.3M making its interest coverage ratio -31. It has cash and short-term investments of $49.9M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -31x |
| Cash | US$49.91m |
| Equity | US$62.02m |
| Total liabilities | US$36.22m |
| Total assets | US$98.25m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: T13's short term assets ($70.5M) exceed its short term liabilities ($31.7M).
Long Term Liabilities: T13's short term assets ($70.5M) exceed its long term liabilities ($4.5M).
Debt to Equity History and Analysis
Debt Level: T13 is debt free.
Reducing Debt: T13 currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Debt Coverage: T13 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: T13 has no debt, therefore coverage of interest payments is not a concern.