Meg Energy Corp Stock Debt To Equity
| MEG Stock | CAD 30.52 0.23 0.76% |
MEG Energy Corp fundamentals help investors to digest information that contributes to MEG Energy's financial success or failures. It also enables traders to predict the movement of MEG Stock. The fundamental analysis module provides a way to measure MEG Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to MEG Energy stock.
| Last Reported | Projected for Next Year | ||
| Debt To Equity | 0.25 | 0.24 |
MEG | Debt To Equity |
MEG Energy Corp Company Debt To Equity Analysis
MEG Energy's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current MEG Energy Debt To Equity | 0.87 % |
Most of MEG Energy's fundamental indicators, such as Debt To Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, MEG Energy Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
MEG Debt To Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for MEG Energy is extremely important. It helps to project a fair market value of MEG Stock properly, considering its historical fundamentals such as Debt To Equity. Since MEG Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of MEG Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of MEG Energy's interrelated accounts and indicators.
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High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
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MEG Total Stockholder Equity
Total Stockholder Equity |
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According to the company disclosure, MEG Energy Corp has a Debt To Equity of 0.866%. This is 98.82% lower than that of the Oil, Gas & Consumable Fuels sector and 98.67% lower than that of the Energy industry. The debt to equity for all Canada stocks is 98.22% higher than that of the company.
MEG Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MEG Energy's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of MEG Energy could also be used in its relative valuation, which is a method of valuing MEG Energy by comparing valuation metrics of similar companies.MEG Energy is currently under evaluation in debt to equity category among related companies.
MEG Fundamentals
| Return On Equity | 0.13 | |||
| Return On Asset | 0.0847 | |||
| Profit Margin | 0.11 % | |||
| Operating Margin | 0.14 % | |||
| Current Valuation | 9.45 B | |||
| Shares Outstanding | 272.6 M | |||
| Shares Owned By Insiders | 0.32 % | |||
| Shares Owned By Institutions | 41.34 % | |||
| Number Of Shares Shorted | 4.83 M | |||
| Price To Earning | 26.68 X | |||
| Price To Book | 1.89 X | |||
| Price To Sales | 1.52 X | |||
| Revenue | 6.11 B | |||
| Gross Profit | 3.13 B | |||
| EBITDA | 1.53 B | |||
| Net Income | 569 M | |||
| Cash Per Share | 0.16 X | |||
| Total Debt | 1.82 B | |||
| Debt To Equity | 0.87 % | |||
| Current Ratio | 1.41 X | |||
| Book Value Per Share | 16.56 X | |||
| Cash Flow From Operations | 1.35 B | |||
| Short Ratio | 3.53 X | |||
| Earnings Per Share | 2.06 X | |||
| Price To Earnings To Growth | (0.12) X | |||
| Target Price | 34.97 | |||
| Number Of Employees | 449 | |||
| Beta | 3.12 | |||
| Market Capitalization | 8.32 B | |||
| Total Asset | 6.9 B | |||
| Retained Earnings | (531 M) | |||
| Working Capital | 278 M | |||
| Current Asset | 611.33 M | |||
| Current Liabilities | 248.3 M | |||
| Net Asset | 6.9 B |
About MEG Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MEG Energy Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MEG Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MEG Energy Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MEG Energy Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the MEG Energy Corp information on this page should be used as a complementary analysis to other MEG Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for MEG Stock analysis
When running MEG Energy's price analysis, check to measure MEG Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MEG Energy is operating at the current time. Most of MEG Energy's value examination focuses on studying past and present price action to predict the probability of MEG Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MEG Energy's price. Additionally, you may evaluate how the addition of MEG Energy to your portfolios can decrease your overall portfolio volatility.
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