Gazprom PJSC (MIC:GAZP) Cash Ratio: 0.22 (As of Jun. 2023)

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MIC:GAZP Gazprom PJSC MIC:GAZP
17 GF Score
Price ₽78.38
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What is Gazprom PJSC Cash Ratio?

Gazprom PJSC MIC:GAZP -6.09% 17 Cash Ratio is 0.22 as of Jun. 2023. GuruFocus rates MIC:GAZP with a GF Score™ of 17/100.

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Gazprom PJSC's Cash Ratio for the quarter that ended in Jun. 2023 was 0.22.

Gazprom PJSC has a Cash Ratio of 0.22. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.

The historical rank and industry rank for Gazprom PJSC's Cash Ratio or its related term are showing as below:

MIC:GAZP's Cash Ratio is not ranked *
in the Oil & Gas industry.
Industry Median: 0.44
* Ranked among companies with meaningful Cash Ratio only.

Gazprom PJSC  (MIC:GAZP) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.


Gazprom PJSC Cash Ratio Related Terms


Gazprom PJSC Cash Ratio Historical Data

* Premium members only.

The historical data trend for Gazprom PJSC's Cash Ratio can be seen below:

* 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.

Gazprom PJSC Cash Ratio Chart

Gazprom PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.56 0.41 0.56 0.42

Gazprom PJSC Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Cash Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.57 0.56 0.00 0.42 0.22

MIC:GAZP vs XOM, CVX: Cash Ratio Comparison

For the Oil & Gas Integrated subindustry, Gazprom PJSC's Cash Ratio, along with its competitors' market caps and Cash Ratio 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.


Gazprom PJSC Cash Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gazprom PJSC's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Gazprom PJSC's Cash Ratio falls into.


MIC:GAZP
17GF Score
Gazprom PJSC MIC:GAZP
Cash Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Gazprom PJSC Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Gazprom PJSC's Cash Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Cash Ratio (A: Dec. 2022 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=1208099/2900860
=0.42

Gazprom PJSC's Cash Ratio for the quarter that ended in Jun. 2023 is calculated as:

Cash Ratio (Q: Jun. 2023 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=701364/3148033
=0.22

* 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.

Frequently Asked Questions Learn more about Cash Ratio →
What does a Cash Ratio of 0.22 mean?
Gazprom PJSC (MIC:GAZP) has a Cash Ratio of 0.22 as of Jun. 2023. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Gazprom PJSC and its competitors.
Is Gazprom PJSC's Cash Ratio too high?
Gazprom PJSC's current Cash Ratio is 0.22. The Oil & Gas industry median Cash Ratio is 0.44. Gazprom PJSC's value of 0.22 is 50% below this industry median. Overall, Gazprom PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Gazprom PJSC's Cash Ratio compare to XOM and CVX?
Gazprom PJSC's Cash Ratio of 0.22 can be compared against companies in the Oil & Gas industry. The industry median Cash Ratio is 0.44. Gazprom PJSC's value of 0.22 is 50% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for an Oil & Gas company?
The median Cash Ratio among Oil & Gas companies is 0.44, based on 963 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gazprom PJSC's current Cash Ratio of 0.22 is 50% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Gazprom PJSC and its competitors. For the Oil & Gas industry, the median Cash Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gazprom PJSC's current Cash Ratio is 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gazprom PJSC stock overvalued right now?
Gazprom PJSC (MIC:GAZP) has a current Cash Ratio of 0.22. The current Cash Ratio is 0.22 and 50% below the Oil & Gas industry median of 0.44. Gazprom PJSC's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Gazprom PJSC (MIC:GAZP), the current Cash Ratio is 0.22 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Gazprom PJSC Business Description

Industry EnergyOil & Gas
Address St. Petersburg, 2/3 Lakhtinsky Avenue, Building No. 1, Moscow, RUS, 197229
Gazprom PJSC is a Russian-based integrated oil and gas company in which the Russian government is a majority shareholder. Much of the business lies within the production, transportation, and distribution of natural gas. The company is a major gas supplier to European countries, with substantial gas pipelines throughout Western Russia and into Europe. While its oil segment is a smaller portion of revenue, the company is still integrated into the production, processing, and refinement of crude oil and refined products. Across both segments, the company produces its oil and gas from fields distributed across Russia, with end markets consisting mostly of Europe and Russia.
17GF Score

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