GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Caza Oil & Gas Inc (LSE:CAZD) » Definitions » Financial Strength

Caza Oil & Gas (LSE:CAZD) Financial Strength : 0 (As of Dec. 2015)


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

What is Caza Oil & Gas Financial Strength?

Caza 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.

Caza Oil & Gas's Interest Coverage for the quarter that ended in Dec. 2015 was 16.02. Caza Oil & Gas's debt to revenue ratio for the quarter that ended in Dec. 2015 was 0.00. As of today, Caza Oil & Gas's Altman Z-Score is 1.82.


Competitive Comparison of Caza Oil & Gas's Financial Strength

For the Oil & Gas E&P subindustry, Caza 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.


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

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

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



Caza 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:

Caza Oil & Gas's Interest Expense for the months ended in Dec. 2015 was £-0.88 Mil. Its Operating Income for the months ended in Dec. 2015 was £14.11 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2015 was £0.00 Mil.

Caza Oil & Gas's Interest Coverage for the quarter that ended in Dec. 2015 is

Interest Coverage=-1*Operating Income (Q: Dec. 2015 )/Interest Expense (Q: Dec. 2015 )
=-1*14.113/-0.881
=16.02

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

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

Caza Oil & Gas's Debt to Revenue Ratio for the quarter that ended in Dec. 2015 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2015 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 4.72
=0.00

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.

Caza Oil & Gas has a Z-score of 1.82, indicating it is in Grey Zones. This implies that Caza Oil & Gas is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.

* 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.


Caza Oil & Gas  (LSE:CAZD) 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.

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


Caza Oil & Gas Financial Strength Related Terms

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


Caza Oil & Gas (LSE:CAZD) Business Description

Traded in Other Exchanges
N/A
Address
Caza Oil & Gas Inc is engaged in the exploration for and the development, production, and acquisition of, petroleum and natural gas reserves. The company primarily focuses on the Permian Basin of Southeast New Mexico and West Texas. Its exploration properties include Gramma Ridge, Gateway, Marathon Road, East Marathon Road, Lennox, Forehand Ranch, Forehand Ranch South, Jazzmaster, and others.

Caza Oil & Gas (LSE:CAZD) Headlines

No Headlines