Rnaf.Bj
RNAF.BJ operates in the oil and gas refining and marketing industry, generating revenue primarily through the processing and distribution of fossil fuels.
Business. RNAF.BJ operates in the oil and gas refining and marketing industry, generating revenue primarily through the processing and distribution of fossil fuels.
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- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
RNAF.BJ operates in the oil and gas refining and marketing industry, generating revenue primarily through the processing and distribution of fossil fuels.
RNAF.BJ's capital structure is highly leveraged, with total liabilities of 703.5 million exceeding total assets of 542.2 million, resulting in a negative equity position of 161.4 million. The company's liquidity is constrained, as evidenced by a current ratio of 0.07, indicating a significant mismatch between short-term assets and liabilities. Despite a net cash outflow, the company reported an operating cash flow of 22.8 million, but this was insufficient to cover capital expenditures and other obligations, leading to a free cash flow deficit of 64.9 million.
Profitability metrics reveal a stark underperformance relative to industry norms. RNAF.BJ reported a net loss of 80.4 million, with an operating loss of 52.2 million, and a negative return on assets of -14.84%. The return on equity, while positive at 49.85%, is misleading due to the negative equity base, which amplifies the effect of small changes in net income. These figures suggest a company struggling to generate sustainable earnings in a capital-intensive industry.
Geographically and segment-wise, RNAF.BJ's exposure is not explicitly detailed in the available data, but the company's revenue concentration is implied to be within the fossil fuel refining and marketing segment. The absence of disclosed geographic breakdowns limits the ability to assess regional risk or growth potential.
The company's growth trajectory is negative, with a net loss in the most recent period and no indication of improvement in the outlook. The operating income and net income figures suggest a deteriorating financial position, with no clear path to profitability. The capital expenditure of 196.8 thousand is minimal relative to the company's asset base, indicating a lack of investment in growth or modernization.
Risk factors are pronounced, with a medium liquidity risk and a negative equity position signaling potential insolvency. The dilution risk is currently low, but the company's negative equity and high leverage could necessitate equity issuance in the future, which would dilute existing shareholders. The risk assessment highlights a key flag: net cash is negative after subtracting total debt, underscoring the company's precarious financial position.
Recent events, including the latest financial filing, indicate a continued decline in profitability and liquidity. The absence of positive earnings or significant capital inflows suggests that the company is not currently in a position to attract new investment or improve its financial standing.
- RNAF.BJ is operating at a net loss with a negative equity position, indicating severe financial distress.
- The company's liquidity is critically low, with a current ratio of 0.07, suggesting a high risk of short-term insolvency.
- Despite a positive return on equity, the figure is misleading due to the negative equity base.
- The company's capital expenditures are minimal, indicating a lack of investment in growth or operational improvements.
- The risk assessment highlights a key flag: net cash is negative after subtracting total debt, underscoring the company's precarious financial position.
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- Net cash is negative after subtracting total debt.
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- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- RNAF.BJ Market data — financials · 2026-05-29