CW Petroleum Balance Sheet Health
Financial Health criteria checks 4/6
CW Petroleum has a total shareholder equity of $127.9K and total debt of $818.7K, which brings its debt-to-equity ratio to 640.2%. Its total assets and total liabilities are $1.1M and $950.7K respectively. CW Petroleum's EBIT is $259.7K making its interest coverage ratio 1.8. It has cash and short-term investments of $478.5K.
Key information
640.2%
Debt to equity ratio
US$818.69k
Debt
| Interest coverage ratio | 1.8x |
| Cash | US$478.49k |
| Equity | US$127.88k |
| Total liabilities | US$950.74k |
| Total assets | US$1.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CWPE's short term assets ($637.7K) exceed its short term liabilities ($572.9K).
Long Term Liabilities: CWPE's short term assets ($637.7K) exceed its long term liabilities ($377.8K).
Debt to Equity History and Analysis
Debt Level: CWPE's net debt to equity ratio (266%) is considered high.
Reducing Debt: CWPE's debt to equity ratio has reduced from 34361.2% to 640.2% over the past 5 years.
Debt Coverage: CWPE's debt is well covered by operating cash flow (31.8%).
Interest Coverage: CWPE's interest payments on its debt are not well covered by EBIT (1.8x coverage).