Zion Historical Balance Sheet

ZNOG Stock  USD 0.08  0.01  14.29%   
Trend analysis of Zion Oil Gas balance sheet accounts such as Total Assets of 28.7 M, Current Assets of 6.3 M, Assets Non Current of 20.9 M or Cash and Equivalents of 2.3 M provides information on Zion Oil's total assets, liabilities, and equity, which is the actual value of Zion Oil Gas to its prevalent stockholders. By breaking down trends over time using Zion Oil balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year. Financial Statement Analysis is much more than just reviewing and breaking down Zion Oil Gas prevalent accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Zion Oil Gas is a good buy for the upcoming year.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zion Oil Gas. Also, note that the market value of any OTC Stock could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

About Zion Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Zion Oil Gas at a specified time, usually calculated after every quarter, six months, or one year. Zion Oil Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zion Oil and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Zion currently owns. An asset can also be divided into two categories, current and non-current.

Zion Oil Balance Sheet Chart

Zion Oil Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Zion Oil Gas uses and utilizes its capital. It also shows what exactly a company owns and owes.
Zion Oil Cash and Equivalents is most likely to decrease significantly in the upcoming years. The last year's value of Cash and Equivalents was reported at 2.22 Million. The current Total Debt is estimated to increase to about 213.5 K, while Trade and Non Trade Payables is projected to decrease to roughly 1.8 M.

Total Assets

Total assets refers to the total amount of Zion Oil assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Zion Oil Gas books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Major components are Cash and Equivalents; Investments; [Intangibles]; Property Plant and Equipment Net; [TaxAssets] and Trade and Non Trade Receivables.

Current Assets

Current assets of Zion Oil Gas include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. Depending on the nature of the business, current assets can range from barrels of crude oil, to baked goods, to foreign currency. Current assets are important because they are the assets that are used to fund day-to-day operations of Zion Oil. The current portion of Total Assets; reported if a company operates a classified balance sheet that segments current and non-current assets.

Shareholders Equity Attributable to Parent

A principal component of the balance sheet; in addition to Total Liabilities and Total Assets; that represents the total of all stockholders' equity (deficit) items; net of receivables from officers; directors; owners; and affiliates of the entity which are attributable to the parent.

Total Liabilities

Deferred Income Tax is recorded on Zion Oil Gas balance sheet and a result of income already earned and recognized for accounting, but not tax, purposes. Also, differences between tax laws and accounting methods can result in a temporary difference in the amount of income tax payable by a company. This difference is recorded on Zion Oil books as deferred income tax. Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Principal components are Total Debt; [DeferredRev]; Trade and Non Trade Payables; Deposit Liabilities; and Tax Liabilities.
Most accounts from Zion Oil's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Zion Oil Gas current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zion Oil Gas. Also, note that the market value of any OTC Stock could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Zion Oil Cash and Equivalents is most likely to decrease significantly in the upcoming years. The last year's value of Cash and Equivalents was reported at 2.22 Million. The current Total Debt is estimated to increase to about 213.5 K, while Trade and Non Trade Payables is projected to decrease to roughly 1.8 M.
 2020 2021 2022 2023 (projected)
Current Assets19.39 M8.64 M4.61 M6.31 M
Total Assets43.5 M63.43 M27.52 M28.66 M

Zion Oil balance sheet Correlations

0.260.940.09-0.250.36-0.650.30.25-0.490.560.72-0.080.610.940.19
0.26-0.090.950.40.53-0.02-0.11-0.120.260.070.3-0.37-0.18-0.080.52
0.94-0.09-0.25-0.40.19-0.660.350.3-0.590.550.640.060.691.00.01
0.090.95-0.250.360.290.17-0.36-0.370.43-0.120.08-0.38-0.3-0.250.62
-0.250.4-0.40.360.530.610.230.230.110.230.060.45-0.38-0.4-0.08
0.360.530.190.290.53-0.340.640.71-0.310.440.58-0.050.040.19-0.13
-0.65-0.02-0.660.170.61-0.34-0.34-0.420.48-0.19-0.480.49-0.47-0.660.04
0.3-0.110.35-0.360.230.64-0.340.93-0.350.560.570.210.320.34-0.7
0.25-0.120.3-0.370.230.71-0.420.93-0.450.390.430.090.170.3-0.66
-0.490.26-0.590.430.11-0.310.48-0.35-0.45-0.56-0.49-0.34-0.55-0.60.25
0.560.070.55-0.120.230.44-0.190.560.39-0.560.90.590.740.54-0.29
0.720.30.640.080.060.58-0.480.570.43-0.490.90.180.790.63-0.12
-0.08-0.370.06-0.380.45-0.050.490.210.09-0.340.590.180.210.05-0.42
0.61-0.180.69-0.3-0.380.04-0.470.320.17-0.550.740.790.210.69-0.12
0.94-0.081.0-0.25-0.40.19-0.660.340.3-0.60.540.630.050.690.02
0.190.520.010.62-0.08-0.130.04-0.7-0.660.25-0.29-0.12-0.42-0.120.02
Click cells to compare fundamentals

Zion Oil Account Relationship Matchups

Zion Oil balance sheet Accounts

201820192020202120222023 (projected)
Total Assets12.52 M18.66 M43.5 M63.43 M27.52 M28.66 M
Current Assets5.37 M6.9 M19.39 M8.64 M4.61 M6.31 M
Assets Non Current7.15 M11.76 M24.11 M54.79 M22.91 M20.9 M
Cash and Equivalents3.07 M5.04 M12.3 M5.3 M2.22 M2.28 M
Cash and Equivalents USD3.07 M5.04 M12.3 M5.3 M2.22 M2.28 M
Total Debt2.24 M3.28 M3.53 M372 K208 K213.47 K
Debt Non Current2.24 M3.04 M307 K169 K12 K12.32 K
Total Debt USD2.24 M3.28 M3.53 M372 K208 K213.47 K
Shareholders Equity Attributable to Parent5.13 M13.32 M35.11 M57.38 M23.1 M23.54 M
Shareholders Equity USD5.13 M13.32 M35.11 M57.38 M23.1 M23.54 M
Investments1.33 M1.09 M2.95 M1.27 M1.38 M1.58 M
Investments Current1.32 M1.09 M2.95 M1.27 M1.38 M1.53 M
Total Liabilities7.39 M5.33 M8.39 M6.05 M4.42 M5.12 M
Current Liabilities4.83 M1.89 M7.58 M5.34 M3.95 M4.18 M
Liabilities Non Current2.56 M3.44 M812 K717 K469 K481.34 K
Trade and Non Trade Payables2.81 M108 K1.37 M2.78 M2.15 M1.84 M
Property Plant and Equipment Net6.87 M11.39 M23.66 M54.25 M22.48 M20.46 M
Trade and Non Trade Receivables153 K222 K195 K483 K143 K175.47 K
Accumulated Retained Earnings Deficit(199.12 M)(205.81 M)(212.8 M)(223.53 M)(278.6 M)(300.6 M)

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zion Oil Gas. Also, note that the market value of any OTC Stock could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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Please note, there is a significant difference between Zion Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zion Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zion Oil's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.