Imperial Petroleum Balance Sheet Health
Financial Health criteria checks 6/6
Imperial Petroleum has a total shareholder equity of $398.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $412.5M and $13.6M respectively. Imperial Petroleum's EBIT is $40.5M making its interest coverage ratio -5.2. It has cash and short-term investments of $129.8M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -5.2x |
| Cash | US$129.75m |
| Equity | US$398.80m |
| Total liabilities | US$13.65m |
| Total assets | US$412.45m |
Recent financial health updates
Recent updates
Improved Earnings Required Before Imperial Petroleum Inc. (NASDAQ:IMPP) Shares Find Their Feet
Aug 03
Imperial Petroleum Inc.'s (NASDAQ:IMPP) Share Price Is Matching Sentiment Around Its Revenues
Apr 30Further Upside For Imperial Petroleum Inc. (NASDAQ:IMPP) Shares Could Introduce Price Risks After 28% Bounce
Jan 28Imperial Petroleum Inc.'s (NASDAQ:IMPP) Shares Not Telling The Full Story
Dec 13Imperial Petroleum (NASDAQ:IMPP) Is Doing The Right Things To Multiply Its Share Price
Apr 13We Believe Imperial Petroleum's (NASDAQ:IMPP) Earnings Are A Poor Guide For Its Profitability
Dec 09Imperial Petroleum: Trading Opportunity Ahead Of Anticipated Strong Q3 Results
Sep 29Imperial Petroleum - Expensive Related-Party Dry Bulk Carrier Acquisition Leaves Investors Flabbergasted
Aug 02Imperial Petroleum: Global Macros Driving Company's Rapid Expansion
Jun 10Estimating The Fair Value Of Imperial Petroleum Inc. (NASDAQ:IMPP)
Mar 16Imperial Petroleum - Steer Clear Of This Bottom Of The Barrel Shipping Stock
Feb 04Financial Position Analysis
Short Term Liabilities: IMPP's short term assets ($197.7M) exceed its short term liabilities ($13.6M).
Long Term Liabilities: IMPP's short term assets ($197.7M) exceed its long term liabilities ($42.2K).
Debt to Equity History and Analysis
Debt Level: IMPP is debt free.
Reducing Debt: IMPP had no debt 5 years ago.
Debt Coverage: IMPP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: IMPP has no debt, therefore coverage of interest payments is not a concern.