RH PetroGas Balance Sheet Health
Financial Health criteria checks 6/6
RH PetroGas has a total shareholder equity of $53.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $98.9M and $45.7M respectively. RH PetroGas's EBIT is $22.5M making its interest coverage ratio -18. It has cash and short-term investments of $44.7M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -18x |
Cash | US$44.71m |
Equity | US$53.19m |
Total liabilities | US$45.72m |
Total assets | US$98.91m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: T13's short term assets ($69.2M) exceed its short term liabilities ($39.5M).
Long Term Liabilities: T13's short term assets ($69.2M) exceed its long term liabilities ($6.2M).
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.