Alvopetro Energy Balance Sheet Health
Financial Health criteria checks 6/6
Alvopetro Energy has a total shareholder equity of $82.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $101.3M and $18.8M respectively. Alvopetro Energy's EBIT is $19.9M making its interest coverage ratio 100.3. It has cash and short-term investments of $19.7M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 100.3x |
| Cash | US$19.68m |
| Equity | US$82.45m |
| Total liabilities | US$18.83m |
| Total assets | US$101.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALVO.F's short term assets ($25.3M) exceed its short term liabilities ($10.6M).
Long Term Liabilities: ALVO.F's short term assets ($25.3M) exceed its long term liabilities ($8.2M).
Debt to Equity History and Analysis
Debt Level: ALVO.F is debt free.
Reducing Debt: ALVO.F had no debt 5 years ago.
Debt Coverage: ALVO.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ALVO.F has no debt, therefore coverage of interest payments is not a concern.