Ranger Oil Financial Health
How is Ranger Oil's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
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).