Zion Oil & Gas Balance Sheet Health
Financial Health criteria checks 4/6
Zion Oil & Gas has a total shareholder equity of $26.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $29.9M and $3.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$779.00k |
| Equity | US$26.61m |
| Total liabilities | US$3.26m |
| Total assets | US$29.87m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZNOG's short term assets ($2.4M) exceed its short term liabilities ($2.1M).
Long Term Liabilities: ZNOG's short term assets ($2.4M) exceed its long term liabilities ($1.2M).
Debt to Equity History and Analysis
Debt Level: ZNOG is debt free.
Reducing Debt: ZNOG has no debt compared to 5 years ago when its debt to equity ratio was 26.3%.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ZNOG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ZNOG has less than a year of cash runway if free cash flow continues to grow at historical rates of 5.7% each year.