CW Petroleum Balance Sheet Health
Financial Health criteria checks 5/6
CW Petroleum has a total shareholder equity of $138.2K and total debt of $814.5K, which brings its debt-to-equity ratio to 589.3%. Its total assets and total liabilities are $1.0M and $894.2K respectively. CW Petroleum's EBIT is $608.6K making its interest coverage ratio 4.2. It has cash and short-term investments of $553.5K.
Key information
589.3%
Debt to equity ratio
US$814.55k
Debt
Interest coverage ratio | 4.2x |
Cash | US$553.52k |
Equity | US$138.22k |
Total liabilities | US$894.18k |
Total assets | US$1.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CWPE's short term assets ($630.3K) exceed its short term liabilities ($545.8K).
Long Term Liabilities: CWPE's short term assets ($630.3K) exceed its long term liabilities ($348.3K).
Debt to Equity History and Analysis
Debt Level: CWPE's net debt to equity ratio (188.9%) is considered high.
Reducing Debt: CWPE had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: CWPE's debt is well covered by operating cash flow (67.3%).
Interest Coverage: CWPE's interest payments on its debt are well covered by EBIT (4.2x coverage).