Imperial Petroleum Balance Sheet Health
Financial Health criteria checks 6/6
Imperial Petroleum has a total shareholder equity of $376.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $393.2M and $16.3M respectively. Imperial Petroleum's EBIT is $46.8M making its interest coverage ratio -7.2. It has cash and short-term investments of $67.0M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -7.2x |
Cash | US$66.96m |
Equity | US$376.88m |
Total liabilities | US$16.32m |
Total assets | US$393.20m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IMPP.P's short term assets ($131.4M) exceed its short term liabilities ($16.3M).
Long Term Liabilities: IMPP.P's short term assets ($131.4M) exceed its long term liabilities ($59.7K).
Debt to Equity History and Analysis
Debt Level: IMPP.P is debt free.
Reducing Debt: IMPP.P had no debt 5 years ago.
Debt Coverage: IMPP.P has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: IMPP.P has no debt, therefore coverage of interest payments is not a concern.