What is Bashneft PJSOC Financial Strength?
Bashneft PJSOC has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
Bashneft PJSOC shows strong financial strength.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
Bashneft PJSOC has no long-term debt (1).
Bashneft PJSOC's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.00.
As of today, Bashneft PJSOC's Altman Z-Score is 3.73.
(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
Competitive Comparison of Bashneft PJSOC's Financial Strength
For the Oil & Gas Integrated subindustry, Bashneft PJSOC's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Bashneft PJSOC's Financial Strength Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Bashneft PJSOC's Financial Strength distribution charts can be found below:
* The bar in red indicates where Bashneft PJSOC's Financial Strength falls into.
Bashneft PJSOC Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Bashneft PJSOC's Interest Expense for the
months ended in Dec. 2023 was $0 Mil. Its Operating Income for the
months ended in Dec. 2023 was $383 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil.
Bashneft PJSOC's Interest Coverage for the quarter that ended in Dec. 2023 is
| Bashneft PJSOC had no long-term debt (1). |
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Bashneft PJSOC has enough cash to cover all of its debt. Its financial situation is stable.
2. Debt to revenue ratio. The lower, the better.
Bashneft PJSOC's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Bashneft PJSOC has a Z-score of 3.73, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 3.73 is strong.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Bashneft PJSOC (Bashneft PJSOC) Business Description
Traded in Other Exchanges
Address
30, Building 1, Karla Marksa Street, The city of Ufa, Republic of Bashkortostan, RUS, 450077
Bashneft PJSOC is an integrated oil company that engages in exploration and production, refining, and marketing activities. Its operational assets are located in the Russian producing regions of the Republic of Bashkortostan, Khanty-Mansiysk Autonomous Okrug, Nenets Autonomous Okrug, Orenburg Region and the Republic of Tatarstan, and also conducts geological exploration in Iraq and Myanmar. In many of its fields, Bashneft has utilized a number of geological and engineering operations, like hydraulic fracturing, to sustain production numbers. Refining and marketing (downstream) operations are also located throughout Russia.
Bashneft PJSOC (Bashneft PJSOC) Headlines
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