article thumbnail

Can Idemitsu Kosan Generate Enough Cash From Oil to Fund Transition?

Andrew Stolz

Idemitsu Kosan’s revenue breakdown 2020. Its net-debt to equity ratio stood at 0.9x Historically, Japan has a very low risk-free rate. Ramp-up of CAPEX necessary to ensure longevity. Attractive dividend yield could rise to 2x Japanese average. Download the full report as a PDF. Ratios – Idemitsu Kosan.

article thumbnail

How Much Can Gazprom Prosper From Europe’s Energy Crisis?

Andrew Stolz

Gazprom’s revenue breakdown 2020. Gazprom is a capital-intensive business, with more than 70% of total assets being net fixed assets. Its net-debt to equity ratio stood at 0.3 Russia has a massively high risk-free rate of 10%. Highlights: Bright future of natural gas as a transition fuel.