Ojai Oil Balance Sheet Health
Financial Health criteria checks 2/6
Ojai Oil has a total shareholder equity of $32.5M and total debt of $42.3M, which brings its debt-to-equity ratio to 130.3%. Its total assets and total liabilities are $79.6M and $47.2M respectively. Ojai Oil's EBIT is $5.1M making its interest coverage ratio 4.1. It has cash and short-term investments of $8.4M.
Key information
130.3%
Debt to equity ratio
US$42.33m
Debt
| Interest coverage ratio | 4.1x |
| Cash | US$8.37m |
| Equity | US$32.49m |
| Total liabilities | US$47.15m |
| Total assets | US$79.64m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: OJOC's short term assets ($8.7M) exceed its short term liabilities ($2.6M).
Long Term Liabilities: OJOC's short term assets ($8.7M) do not cover its long term liabilities ($44.5M).
Debt to Equity History and Analysis
Debt Level: OJOC's net debt to equity ratio (104.5%) is considered high.
Reducing Debt: OJOC's debt to equity ratio has increased from 99.9% to 130.3% over the past 5 years.
Debt Coverage: OJOC's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: OJOC's interest payments on its debt are well covered by EBIT (4.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 16:40 |
| End of Day Share Price | 2024/12/09 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Ojai Oil Company is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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