Oil and Gas Exploration and Production AD Balance Sheet Health
Financial Health criteria checks 6/6
Oil and Gas Exploration and Production AD has a total shareholder equity of BGN96.1M and total debt of BGN6.0K, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are BGN120.3M and BGN24.2M respectively. Oil and Gas Exploration and Production AD's EBIT is BGN1.5M making its interest coverage ratio -3.2. It has cash and short-term investments of BGN30.4M.
Key information
0.006%
Debt to equity ratio
лв6.00k
Debt
| Interest coverage ratio | -3.2x |
| Cash | лв30.42m |
| Equity | лв96.10m |
| Total liabilities | лв24.22m |
| Total assets | лв120.31m |
Recent financial health updates
No updates
Recent updates
Calculating The Fair Value Of Oil and Gas Exploration and Production AD (BUL:NGAZ)
Oct 29
Oil and Gas Exploration and Production AD's (BUL:NGAZ) 28% Jump Shows Its Popularity With Investors
Sep 12Why Oil and Gas Exploration and Production AD's (BUL:NGAZ) Shaky Earnings Are Just The Beginning Of Its Problems
Sep 07Oil and Gas Exploration and Production AD's (BUL:NGAZ) Returns On Capital Not Reflecting Well On The Business
Aug 07Be Wary Of Oil and Gas Exploration and Production AD (BUL:NGAZ) And Its Returns On Capital
Aug 29Oil and Gas Exploration and Production AD (BUL:NGAZ) Hasn't Managed To Accelerate Its Returns
May 31Oil and Gas Exploration and Production AD (BUL:NGAZ) Shareholders Will Want The ROCE Trajectory To Continue
Mar 01Investors Will Want Oil and Gas Exploration and Production AD's (BUL:NGAZ) Growth In ROCE To Persist
Jul 05Calculating The Intrinsic Value Of Oil and Gas Exploration and Production AD (BUL:NGAZ)
Mar 23Returns On Capital Signal Difficult Times Ahead For Oil and Gas Exploration and Production AD (BUL:NGAZ)
Jan 25Should Oil and Gas Exploration and Production AD (BUL:NGAZ) Be Part Of Your Income Portfolio?
Mar 12Investors In Oil and Gas Exploration and Production AD (BUL:4O1) Should Consider This, First
Nov 24
Financial Position Analysis
Short Term Liabilities: NGAZ's short term assets (BGN79.0M) exceed its short term liabilities (BGN22.4M).
Long Term Liabilities: NGAZ's short term assets (BGN79.0M) exceed its long term liabilities (BGN1.8M).
Debt to Equity History and Analysis
Debt Level: NGAZ has more cash than its total debt.
Reducing Debt: NGAZ's debt to equity ratio has reduced from 1% to 0.01% over the past 5 years.
Debt Coverage: NGAZ's debt is well covered by operating cash flow (89750%).
Interest Coverage: NGAZ earns more interest than it pays, so coverage of interest payments is not a concern.