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Zion Oil & Gas (Zion Oil & Gas) Financial Strength : 0 (As of Mar. 2024)


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What is Zion Oil & Gas Financial Strength?

Zion Oil & Gas has the Financial Strength Rank of 0.

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.

Zion Oil & Gas did not have earnings to cover the interest expense. As of today, Zion Oil & Gas's Altman Z-Score is 0.00.


Competitive Comparison of Zion Oil & Gas's Financial Strength

For the Oil & Gas E&P subindustry, Zion Oil & Gas'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.


Zion Oil & Gas's Financial Strength Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Zion Oil & Gas's Financial Strength distribution charts can be found below:

* The bar in red indicates where Zion Oil & Gas's Financial Strength falls into.



Zion Oil & Gas 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:

Zion Oil & Gas's Interest Expense for the months ended in Mar. 2024 was $-0.01 Mil. Its Operating Income for the months ended in Mar. 2024 was $-1.77 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.71 Mil.

Zion Oil & Gas's Interest Coverage for the quarter that ended in Mar. 2024 is

Zion Oil & Gas did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Zion Oil & Gas's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.224 + 0.708) / 0
=N/A

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.

Zion Oil & Gas has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

* 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.


Zion Oil & Gas  (OTCPK:ZNOG) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Zion Oil & Gas has the Financial Strength Rank of 0.


Zion Oil & Gas Financial Strength Related Terms

Thank you for viewing the detailed overview of Zion Oil & Gas's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Zion Oil & Gas (Zion Oil & Gas) Business Description

Traded in Other Exchanges
N/A
Address
12655 North Central Expressway, Suite 1000, Dallas, TX, USA, 75243
Zion Oil & Gas Inc is the United States-based oil and gas exploration and production company. Zion currently holds one active petroleum exploration license onshore Israel, the Megiddo-Jezreel License covering an area of approximately 99,000 acres.
Executives
Pandji Christiaan Putra director 12655 NORTH CENTRAL EXPRESSWAY, 1000, DALLAS TX 75243
Starr Frank F Ii director 420 COMMERCE STREET, SUITE 200, FORT WORTH TX 76102
Javier A Mazon director 12655 NORTH CENTRAL EXPRESSWAY, SUITE 1000, DALLAS TX 75231
Amotz Agnon director 9 HALAMISH STREET, CAESAREA L3 3088900
Gene Scammahorn director 3504 LAKEBLUFF WAY, PLANO TX 75093
Virginia Prodan director 12655 NORTH CENTRAL EXPRESSWAY, SUITE 1000, DALLAS TX 75243
John Seery director 12655 NORTH CENTRAL EXPRESSWAY, SUITE 1000, DALLAS TX 75243
Brad Dacus director 12655 NORTH CENTRAL EXPRESSWAY, SUITE 1000, DALLAS TX 75243
Sarah Caygill director 47 AVENUE BLANC, 7TH FLOOR, GENEVA V8 1202
Jeffrey Moskowitz director, officer: SVP of Israel Branch 9 HALAMISH STREET, CAESAREA L3 L3
Lee R Russell director 12655 NORTH CENTRAL EXPRESSWAY, SUITE 1000, DALLAS TX 75243
Croswell Michael B. Jr. officer: CFO 12655 NORTH CENTRAL EXPRESSWAY, DALLAS TX 75243
Robert William Dunn director, officer: CEO 12655 NORTH CENTRAL EXPRESSWAY, SUITE 1000, DALLAS TX 75243
William H Avery officer: Corp. Executive Vice President 9480 GATETRAIL, DALLAS TX 75238
Victor G Carrillo director, officer: President & COO 10520 GALSWORTHY LANE, AUSTIN TX 78739

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