Oil and Gas Development Balance Sheet Health
Financial Health criteria checks 6/6
Oil and Gas Development has a total shareholder equity of PKR1,187.0B and total debt of PKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PKR1,521.2B and PKR334.3B respectively. Oil and Gas Development's EBIT is PKR224.0B making its interest coverage ratio -4.5. It has cash and short-term investments of PKR125.3B.
Key information
0%
Debt to equity ratio
PK₨0
Debt
Interest coverage ratio | -4.5x |
Cash | PK₨125.27b |
Equity | PK₨1.19t |
Total liabilities | PK₨334.26b |
Total assets | PK₨1.52t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OGDC's short term assets (PKR1,038.8B) exceed its short term liabilities (PKR153.0B).
Long Term Liabilities: OGDC's short term assets (PKR1,038.8B) exceed its long term liabilities (PKR181.2B).
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.