Gas Natural del Oriente ESP Balance Sheet Health
Financial Health criteria checks 2/6
Gas Natural del Oriente ESP has a total shareholder equity of COP163.7B and total debt of COP156.9B, which brings its debt-to-equity ratio to 95.8%. Its total assets and total liabilities are COP396.2B and COP232.5B respectively. Gas Natural del Oriente ESP's EBIT is COP55.2B making its interest coverage ratio 10.8. It has cash and short-term investments of COP15.3B.
Key information
95.8%
Debt to equity ratio
Col$156.85b
Debt
| Interest coverage ratio | 10.8x |
| Cash | Col$15.26b |
| Equity | Col$163.71b |
| Total liabilities | Col$232.49b |
| Total assets | Col$396.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GASORIENTE's short term assets (COP117.4B) exceed its short term liabilities (COP57.5B).
Long Term Liabilities: GASORIENTE's short term assets (COP117.4B) do not cover its long term liabilities (COP175.0B).
Debt to Equity History and Analysis
Debt Level: GASORIENTE's net debt to equity ratio (86.5%) is considered high.
Reducing Debt: GASORIENTE's debt to equity ratio has increased from 52.9% to 95.8% over the past 5 years.
Debt Coverage: GASORIENTE's debt is not well covered by operating cash flow (8.2%).
Interest Coverage: GASORIENTE's interest payments on its debt are well covered by EBIT (10.8x coverage).