United States Oil Fund Balance Sheet Health
Financial Health criteria checks 4/6
United States Oil Fund has a total shareholder equity of $1.6B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.6B and $19.4M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$952.41m |
Equity | US$1.57b |
Total liabilities | US$19.37m |
Total assets | US$1.59b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: USO's short term assets ($1.6B) exceed its short term liabilities ($19.4M).
Long Term Liabilities: USO has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: USO is debt free.
Reducing Debt: USO has not had any debt for past 5 years.
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: Insufficient data to determine if USO has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if USO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.