Oil and Gas Development Balance Sheet Health
Financial Health criteria checks 6/6
Oil and Gas Development has a total shareholder equity of PKR1,291.4B and total debt of PKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PKR1,597.1B and PKR305.7B respectively. Oil and Gas Development's EBIT is PKR226.4B making its interest coverage ratio -3.5. It has cash and short-term investments of PKR268.2B.
Key information
0%
Debt to equity ratio
PK₨0
Debt
| Interest coverage ratio | -3.5x |
| Cash | PK₨268.22b |
| Equity | PK₨1.29t |
| Total liabilities | PK₨305.68b |
| Total assets | PK₨1.60t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OGDC's short term assets (PKR1,068.1B) exceed its short term liabilities (PKR131.0B).
Long Term Liabilities: OGDC's short term assets (PKR1,068.1B) exceed its long term liabilities (PKR174.7B).
Debt to Equity History and Analysis
Debt Level: OGDC is debt free.
Reducing Debt: OGDC has not had any debt for past 5 years.
Debt Coverage: OGDC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: OGDC has no debt, therefore coverage of interest payments is not a concern.