PetroTal Balance Sheet Health
Financial Health criteria checks 6/6
PetroTal has a total shareholder equity of $509.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $720.7M and $210.8M respectively. PetroTal's EBIT is $192.1M making its interest coverage ratio 44.6. It has cash and short-term investments of $84.1M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 44.6x |
| Cash | US$84.12m |
| Equity | US$509.92m |
| Total liabilities | US$210.78m |
| Total assets | US$720.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PTAL.F's short term assets ($237.4M) exceed its short term liabilities ($93.3M).
Long Term Liabilities: PTAL.F's short term assets ($237.4M) exceed its long term liabilities ($117.5M).
Debt to Equity History and Analysis
Debt Level: PTAL.F is debt free.
Reducing Debt: PTAL.F had no debt 5 years ago.
Debt Coverage: PTAL.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PTAL.F has no debt, therefore coverage of interest payments is not a concern.