Ranger Oil Financial Health

How is Ranger Oil's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ROCC's short term assets ($213.1M) do not cover its short term liabilities ($339.7M).

Long Term Liabilities: ROCC's short term assets ($213.1M) do not cover its long term liabilities ($631.1M).


Debt to Equity History and Analysis

Debt Level: ROCC's net debt to equity ratio (60.5%) is considered high.

Reducing Debt: ROCC's debt to equity ratio has reduced from 105.7% to 62.6% over the past 5 years.

Debt Coverage: ROCC's debt is well covered by operating cash flow (95%).

Interest Coverage: ROCC's interest payments on its debt are well covered by EBIT (10.7x coverage).


Balance Sheet


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