POGS (Pioneer Oil & Gas) Cash Ratio: 1.97 (As of Jun. 2005)

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What is Pioneer Oil & Gas Cash Ratio?

Pioneer Oil & Gas POGS Cash Ratio is 1.97 as of Jun. 2005.

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. Pioneer Oil & Gas's Cash Ratio for the quarter that ended in Jun. 2005 was 1.97.

Pioneer Oil & Gas has a Cash Ratio of 1.97. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.

The historical rank and industry rank for Pioneer Oil & Gas's Cash Ratio or its related term are showing as below:

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

Pioneer Oil & Gas  (OTCPK:POGS) 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.


Pioneer Oil & Gas Cash Ratio Related Terms


Pioneer Oil & Gas Cash Ratio Historical Data

* Premium members only.

The historical data trend for Pioneer Oil & Gas'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.

Pioneer Oil & Gas Cash Ratio Chart

Pioneer Oil & Gas Annual Data
Trend Sep00 Sep01 Sep02 Sep03 Sep04
Cash Ratio
1.68 0.02 0.57 2.53 0.71

Pioneer Oil & Gas Quarterly Data
Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05
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 0.55 0.71 0.69 4.07 1.97

POGS vs ECT, TRNX, SLNG: Cash Ratio Comparison

For the Oil & Gas Integrated subindustry, Pioneer Oil & Gas'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.


Pioneer Oil & Gas Cash Ratio vs Oil & Gas Industry

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

* The bar in red indicates where Pioneer Oil & Gas's Cash Ratio falls into.



Pioneer Oil & Gas Cash Ratio Calculation

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

Pioneer Oil & Gas's Cash Ratio for the fiscal year that ended in Sep. 2004 is calculated as:

Cash Ratio (A: Sep. 2004 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.491/0.693
=0.71

Pioneer Oil & Gas's Cash Ratio for the quarter that ended in Jun. 2005 is calculated as:

Cash Ratio (Q: Jun. 2005 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=4.11/2.087
=1.97

* 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 1.97 mean?
Pioneer Oil & Gas (POGS) has a Cash Ratio of 1.97 as of Jun. 2005. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Pioneer Oil & Gas and its competitors.
Is Pioneer Oil & Gas' Cash Ratio too high?
Pioneer Oil & Gas' current Cash Ratio is 1.97. The Oil & Gas industry median Cash Ratio is 0.44. Pioneer Oil & Gas' value of 1.97 is 347.7% above this industry median.
How does Pioneer Oil & Gas' Cash Ratio compare to ECT and TRNX?
Pioneer Oil & Gas' Cash Ratio of 1.97 can be compared against companies in the Oil & Gas industry. The industry median Cash Ratio is 0.44. Pioneer Oil & Gas' value of 1.97 is 347.7% above 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. Pioneer Oil & Gas's current Cash Ratio of 1.97 is 347.7% above 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 Pioneer Oil & Gas 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. Pioneer Oil & Gas's current Cash Ratio is 1.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pioneer Oil & Gas stock overvalued right now?
Pioneer Oil & Gas (POGS) has a current Cash Ratio of 1.97. The current Cash Ratio is 1.97 and 347.7% above the Oil & Gas industry median of 0.44. 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 Pioneer Oil & Gas (POGS), the current Cash Ratio is 1.97 as of Jun. 2005. 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.

Pioneer Oil & Gas Business Description

Industry EnergyOil & Gas
Address 1206 West South Jordan Parkway, Unit B, South Jordan, UT, USA, 84095-5512
Pioneer Oil & Gas operates in the oil and gas integrated industry. The company is engaged in the business of acquiring, developing, producing, and selling oil and gas properties to companies located in the continental United States. The majority of the company's revenue is derived from royalty income.