SNGN Romgaz Balance Sheet Health
Financial Health criteria checks 5/6
SNGN Romgaz has a total shareholder equity of RON13.3B and total debt of RON889.5M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are RON16.5B and RON3.2B respectively. SNGN Romgaz's EBIT is RON3.8B making its interest coverage ratio -23.4. It has cash and short-term investments of RON2.0B.
Key information
6.7%
Debt to equity ratio
RON 889.47m
Debt
| Interest coverage ratio | -23.4x |
| Cash | RON 2.03b |
| Equity | RON 13.26b |
| Total liabilities | RON 3.22b |
| Total assets | RON 16.48b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SNGR's short term assets (RON3.4B) exceed its short term liabilities (RON1.7B).
Long Term Liabilities: SNGR's short term assets (RON3.4B) exceed its long term liabilities (RON1.5B).
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 6.7% over the past 5 years.
Debt Coverage: SNGR's debt is well covered by operating cash flow (313.9%).
Interest Coverage: SNGR earns more interest than it pays, so coverage of interest payments is not a concern.