PEDEVCO Balance Sheet Health
Financial Health criteria checks 6/6
PEDEVCO has a total shareholder equity of $103.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $111.0M and $7.8M respectively. PEDEVCO's EBIT is $4.2M making its interest coverage ratio -8.7. It has cash and short-term investments of $6.1M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -8.7x |
| Cash | US$6.13m |
| Equity | US$103.16m |
| Total liabilities | US$7.83m |
| Total assets | US$110.99m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: PED's short term assets ($15.1M) exceed its short term liabilities ($5.1M).
Long Term Liabilities: PED's short term assets ($15.1M) exceed its long term liabilities ($2.7M).
Debt to Equity History and Analysis
Debt Level: PED is debt free.
Reducing Debt: PED had no debt 5 years ago.
Debt Coverage: PED has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PED has no debt, therefore coverage of interest payments is not a concern.