SNGN Romgaz Balance Sheet Health
Financial Health criteria checks 5/6
SNGN Romgaz has a total shareholder equity of RON11.6B and total debt of RON1.1B, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are RON16.5B and RON4.9B respectively. SNGN Romgaz's EBIT is RON5.0B making its interest coverage ratio -29.8. It has cash and short-term investments of RON3.0B.
Key information
9.8%
Debt to equity ratio
RON1.13b
Debt
Interest coverage ratio | -29.8x |
Cash | RON3.02b |
Equity | RON11.56b |
Total liabilities | RON4.90b |
Total assets | RON16.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SNGR's short term assets (RON5.1B) exceed its short term liabilities (RON3.2B).
Long Term Liabilities: SNGR's short term assets (RON5.1B) exceed its long term liabilities (RON1.8B).
Debt to Equity History and Analysis
Debt Level: SNGR has more cash than its total debt.
Reducing Debt: SNGR's debt to equity ratio has increased from 0% to 9.8% over the past 5 years.
Debt Coverage: SNGR's debt is well covered by operating cash flow (312.6%).
Interest Coverage: SNGR earns more interest than it pays, so coverage of interest payments is not a concern.