Canadian Overseas Petroleum Stock Current Ratio
| VELXF Stock | USD 0 0.00 0.00% |
Canadian Overseas Petroleum fundamentals help investors to digest information that contributes to Canadian Overseas' financial success or failures. It also enables traders to predict the movement of Canadian Pink Sheet. The fundamental analysis module provides a way to measure Canadian Overseas' 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 Canadian Overseas pink sheet.
Canadian |
Canadian Overseas Petroleum Company Current Ratio Analysis
Canadian Overseas' Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Canadian Overseas Current Ratio | 0.81 X |
Most of Canadian Overseas' fundamental indicators, such as Current Ratio, 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, Canadian Overseas Petroleum is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
In accordance with the recently published financial statements, Canadian Overseas Petroleum has a Current Ratio of 0.81 times. This is 42.14% lower than that of the Oil, Gas & Consumable Fuels sector and 71.78% lower than that of the Energy industry. The current ratio for all United States stocks is 62.5% higher than that of the company.
Canadian Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canadian Overseas' direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Canadian Overseas could also be used in its relative valuation, which is a method of valuing Canadian Overseas by comparing valuation metrics of similar companies.Canadian Overseas is currently under evaluation in current ratio category among related companies.
Canadian Fundamentals
| Return On Equity | -0.56 | |||
| Return On Asset | -0.0753 | |||
| Profit Margin | (0.79) % | |||
| Operating Margin | (0.51) % | |||
| Current Valuation | 79.64 M | |||
| Shares Outstanding | 277.86 M | |||
| Shares Owned By Insiders | 3.51 % | |||
| Shares Owned By Institutions | 3.46 % | |||
| Price To Earning | (2.54) X | |||
| Price To Book | 1.15 X | |||
| Price To Sales | 1.82 X | |||
| Revenue | 15 M | |||
| Gross Profit | 12.8 M | |||
| EBITDA | (3.79 M) | |||
| Net Income | (13.54 M) | |||
| Cash And Equivalents | 11.53 M | |||
| Cash Per Share | 0.04 X | |||
| Total Debt | 34.66 M | |||
| Debt To Equity | 1.06 % | |||
| Current Ratio | 0.81 X | |||
| Book Value Per Share | 0.14 X | |||
| Cash Flow From Operations | (7.76 M) | |||
| Earnings Per Share | (0.08) X | |||
| Number Of Employees | 17 | |||
| Beta | 0.72 | |||
| Market Capitalization | 27.81 M | |||
| Total Asset | 98.78 M | |||
| Net Asset | 98.78 M |
About Canadian Overseas Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Canadian Overseas Petroleum's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canadian Overseas using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canadian Overseas Petroleum 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Canadian Overseas in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Canadian Overseas' short interest history, or implied volatility extrapolated from Canadian Overseas options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Canadian Overseas Petroleum. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Canadian Pink Sheet analysis
When running Canadian Overseas' price analysis, check to measure Canadian Overseas' 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 Canadian Overseas is operating at the current time. Most of Canadian Overseas' value examination focuses on studying past and present price action to predict the probability of Canadian Overseas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Overseas' price. Additionally, you may evaluate how the addition of Canadian Overseas to your portfolios can decrease your overall portfolio volatility.
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities |