Awilco Drilling Balance Sheet Health
Financial Health criteria checks 0/6
Awilco Drilling has a total shareholder equity of $-138.0M and total debt of $4.0M, which brings its debt-to-equity ratio to -2.9%. Its total assets and total liabilities are $2.8M and $140.8M respectively.
Key information
-2.9%
Debt to equity ratio
US$4.00m
Debt
Interest coverage ratio | n/a |
Cash | US$2.49m |
Equity | -US$138.01m |
Total liabilities | US$140.80m |
Total assets | US$2.79m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AWLC.F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: AWLC.F has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: AWLC.F has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: AWLC.F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: AWLC.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if AWLC.F's interest payments on its debt are well covered by EBIT.