GPRKGeoPark Limited
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (A) and big price swings.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -74% · now 5% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can GPRK take a bad year?
GeoPark Limited carries $453M of net debt at 1.99× EBITDA: a load its earnings can carry.
Net debt · as at FY2025 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.99×
Net debt / EBITDA · 0.54× a year ago · the load is going up
- Cash runway
- 1.2 years
Cash runway · burning $21M a quarter at the current rate
- Annualised volatility
- 54%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtFY2025
- $554M
- Cash and short-term investments
- $100M
- Net debt
- $453M
- EBITDA, trailing twelve months
- $228M
- Operating profit, trailing twelve months
- $111M
- Debt / equity
- 2.25×
- Total debt / EBITDA
- 2.43×
- Annualised volatilitytwo years of daily moves
- 54%
- Worst drawdown on file
- −74%
- Below its 52-week high
- 4.6%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.