Ojai Oil Financial Health
How is Ojai Oil's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: OJOC's short term assets ($10.1M) exceed its short term liabilities ($3.7M).
Long Term Liabilities: OJOC's short term assets ($10.1M) do not cover its long term liabilities ($29.5M).
Debt to Equity History and Analysis
Debt Level: OJOC's net debt to equity ratio (75.5%) is considered high.
Reducing Debt: Insufficient data to determine if OJOC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: OJOC's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: OJOC's interest payments on its debt are well covered by EBIT (3.3x coverage).