Ocean Yield ASA Financials

Ocean Yield Stock Summary

Ocean Yield competes with Southwest Gas, NorthWestern, Enel Chile, Tootsie Roll, and Vistra Energy. Ocean Yield ASA, a vessel owning company, invests in vessels on long-term charters in Norway. Ocean Yield ASA was founded in 2012 and is headquartered in Lysaker, Norway. Ocean Yield is traded on OTC Exchange in the United States.

Ocean Yield Key Financial Ratios

Generally speaking, Ocean Yield's financial ratios allow both analysts and investors to convert raw data from Ocean Yield's financial statements into concise, actionable information that can be used to evaluate the performance of Ocean Yield over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Ocean Yield ASA reports annually and quarterly.

Ocean Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Ocean Yield's current stock value. Our valuation model uses many indicators to compare Ocean Yield value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ocean Yield competition to find correlations between indicators driving Ocean Yield's intrinsic value. More Info.Ocean Yield ASA is considered to be number one stock in return on equity category among related companies. It is considered to be number one stock in return on asset category among related companies reporting about  1.24  of Return On Asset per Return On Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value Ocean Yield by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ocean Yield's OTC Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ocean Yield's earnings, one of the primary drivers of an investment's value.

Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Ocean Yield ASA information on this page should be used as a complementary analysis to other Ocean Yield'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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

If you are still planning to invest in Ocean Yield ASA check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ocean Yield's history and understand the potential risks before investing.