Tethys Petroleum Balance Sheet Health
Financial Health criteria checks 5/6
Tethys Petroleum has a total shareholder equity of $41.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $83.1M and $41.9M respectively. Tethys Petroleum's EBIT is $11.5M making its interest coverage ratio -74.7. It has cash and short-term investments of $1.8M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -74.7x |
Cash | US$1.85m |
Equity | US$41.22m |
Total liabilities | US$41.86m |
Total assets | US$83.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TETH.F's short term assets ($10.1M) exceed its short term liabilities ($5.4M).
Long Term Liabilities: TETH.F's short term assets ($10.1M) do not cover its long term liabilities ($36.4M).
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 62%.
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.