Jutal Offshore Oil Services Balance Sheet Health
Financial Health criteria checks 6/6
Jutal Offshore Oil Services has a total shareholder equity of CN¥2.2B and total debt of CN¥180.2M, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are CN¥3.6B and CN¥1.4B respectively. Jutal Offshore Oil Services's EBIT is CN¥546.0M making its interest coverage ratio -153.7. It has cash and short-term investments of CN¥1.0B.
Key information
8.2%
Debt to equity ratio
CN¥180.20m
Debt
| Interest coverage ratio | -153.7x |
| Cash | CN¥1.01b |
| Equity | CN¥2.21b |
| Total liabilities | CN¥1.40b |
| Total assets | CN¥3.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JUTO.F's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: JUTO.F's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥90.9M).
Debt to Equity History and Analysis
Debt Level: JUTO.F has more cash than its total debt.
Reducing Debt: JUTO.F's debt to equity ratio has reduced from 26.7% to 8.2% over the past 5 years.
Debt Coverage: JUTO.F's debt is well covered by operating cash flow (310.6%).
Interest Coverage: JUTO.F earns more interest than it pays, so coverage of interest payments is not a concern.