Tethys Petroleum Balance Sheet Health
Financial Health criteria checks 5/6
Tethys Petroleum has a total shareholder equity of $43.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $103.6M and $60.3M respectively. Tethys Petroleum's EBIT is $29.3M making its interest coverage ratio 30.3. It has cash and short-term investments of $10.0M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | 30.3x |
Cash | US$9.97m |
Equity | US$43.32m |
Total liabilities | US$60.29m |
Total assets | US$103.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TETH.F's short term assets ($20.0M) exceed its short term liabilities ($12.7M).
Long Term Liabilities: TETH.F's short term assets ($20.0M) do not cover its long term liabilities ($47.6M).
Debt to Equity History and Analysis
Debt Level: TETH.F is debt free.
Reducing Debt: TETH.F has no debt compared to 5 years ago when its debt to equity ratio was 74.6%.
Debt Coverage: TETH.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TETH.F has no debt, therefore coverage of interest payments is not a concern.