Zion Oil & Gas (Zion Oil & Gas) Debt-to-Equity

: 0.01 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

Zion Oil & Gas's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.17 Mil. Zion Oil & Gas's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.02 Mil. Zion Oil & Gas's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $22.02 Mil. Zion Oil & Gas's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Zion Oil & Gas's Debt-to-Equity or its related term are showing as below:

ZNOG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.09 Max: 0.44
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Zion Oil & Gas was 0.44. The lowest was 0.01. And the median was 0.09.

ZNOG's Debt-to-Equity is ranked better than
99.88% of 834 companies
in the Oil & Gas industry
Industry Median: 0.43 vs ZNOG: 0.01

Zion Oil & Gas Debt-to-Equity Historical Data

The historical data trend for Zion Oil & Gas's Debt-to-Equity 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.

* Premium members only.

Zion Oil & Gas Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.25

0.10

0.01

Zion Oil & Gas Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																0.01	0.01	-	0.01	0.01

Competitive Comparison

For the Oil & Gas E&P subindustry, Zion Oil & Gas's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution

For the Oil & Gas industry and Energy sector, Zion Oil & Gas's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Zion Oil & Gas's Debt-to-Equity falls into.

Zion Oil & Gas Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zion Oil & Gas's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.167	+	0.024)	/	22.018
	=	0.01

Zion Oil & Gas's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.167	+	0.024)	/	22.018
	=	0.01

Zion Oil & Gas (OTCPK:ZNOG) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Zion Oil & Gas Debt-to-Equity Related Terms

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

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

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Zion Oil & Gas Inc (OTCPK:ZNOG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

12655 North Central Expressway, Suite 1000, Dallas, TX, USA, 75243

Website

https://www.zionoil.com

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