Obsidian Energy Stock Working Capital
| OBE Stock | USD 8.98 0.19 2.16% |
Obsidian Energy fundamentals help investors to digest information that contributes to Obsidian Energy's financial success or failures. It also enables traders to predict the movement of Obsidian Stock. The fundamental analysis module provides a way to measure Obsidian 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 Obsidian Energy stock.
| Last Reported | Projected for Next Year | ||
| Net Working Capital | -135.4 M | -142.2 M | |
| Change In Working Capital | 13.6 M | 14.3 M | |
| Working Capital | 0.00 | 0.00 |
Obsidian | Working Capital |
Obsidian Energy Company Working Capital Analysis
Obsidian Energy's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Obsidian Energy Working Capital | (135.4 M) |
Most of Obsidian Energy's fundamental indicators, such as Working Capital, 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, Obsidian Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Obsidian Working Capital Driver Correlations
Understanding the fundamental principles of building solid financial models for Obsidian Energy is extremely important. It helps to project a fair market value of Obsidian Stock properly, considering its historical fundamentals such as Working Capital. Since Obsidian 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 Obsidian 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 Obsidian Energy's interrelated accounts and indicators.
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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
| Competition |
Obsidian Net Invested Capital
Net Invested Capital |
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Based on the company's disclosures, Obsidian Energy has a Working Capital of (135.4 Million). This is 53.71% lower than that of the Oil, Gas & Consumable Fuels sector and 110.9% lower than that of the Energy industry. The working capital for all United States stocks is 109.16% higher than that of the company.
Obsidian Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Obsidian Energy's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Obsidian Energy could also be used in its relative valuation, which is a method of valuing Obsidian Energy by comparing valuation metrics of similar companies.Obsidian Energy is currently under evaluation in working capital category among related companies.
Obsidian Energy Current Valuation Drivers
We derive many important indicators used in calculating different scores of Obsidian Energy from analyzing Obsidian Energy's financial statements. These drivers represent accounts that assess Obsidian Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Obsidian Energy's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 68.6M | 62.6M | 394.3M | 726.2M | 835.1M | 793.3M | |
| Enterprise Value | 642.6M | 516.7M | 786.7M | 953.7M | 1.1B | 1.0B |
Obsidian Fundamentals
| Return On Equity | 0.067 | ||||
| Return On Asset | 0.0495 | ||||
| Profit Margin | 0.17 % | ||||
| Operating Margin | 0.34 % | ||||
| Current Valuation | 921.69 M | ||||
| Shares Outstanding | 77.44 M | ||||
| Shares Owned By Insiders | 1.67 % | ||||
| Shares Owned By Institutions | 22.36 % | ||||
| Number Of Shares Shorted | 3.6 M | ||||
| Price To Earning | 4.48 X | ||||
| Price To Book | 0.55 X | ||||
| Price To Sales | 1.01 X | ||||
| Revenue | 653.3 M | ||||
| Gross Profit | 549.1 M | ||||
| EBITDA | 374.2 M | ||||
| Net Income | 108 M | ||||
| Cash And Equivalents | 9.2 M | ||||
| Cash Per Share | 0.11 X | ||||
| Total Debt | 228 M | ||||
| Debt To Equity | 0.38 % | ||||
| Current Ratio | 0.27 X | ||||
| Book Value Per Share | 21.19 X | ||||
| Cash Flow From Operations | 351.9 M | ||||
| Short Ratio | 7.26 X | ||||
| Earnings Per Share | 0.93 X | ||||
| Price To Earnings To Growth | 0.53 X | ||||
| Target Price | 10.25 | ||||
| Number Of Employees | 198 | ||||
| Beta | 2.51 | ||||
| Market Capitalization | 698.44 M | ||||
| Total Asset | 2.25 B | ||||
| Retained Earnings | (635.4 M) | ||||
| Working Capital | (135.4 M) | ||||
| Current Asset | 308.51 M | ||||
| Current Liabilities | 477.17 M | ||||
| Five Year Return | 12.99 % | ||||
| Net Asset | 2.25 B |
About Obsidian Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Obsidian Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Obsidian Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Obsidian Energy 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 Obsidian Energy 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, Obsidian Energy's short interest history, or implied volatility extrapolated from Obsidian Energy options trading.
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Try AI Portfolio ArchitectCheck out Obsidian Energy Piotroski F Score and Obsidian Energy Altman Z Score analysis. For information on how to trade Obsidian Stock refer to our How to Trade Obsidian Stock guide.Note that the Obsidian Energy information on this page should be used as a complementary analysis to other Obsidian 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Obsidian Stock analysis
When running Obsidian Energy's price analysis, check to measure Obsidian 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 Obsidian Energy is operating at the current time. Most of Obsidian Energy's value examination focuses on studying past and present price action to predict the probability of Obsidian 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 Obsidian Energy's price. Additionally, you may evaluate how the addition of Obsidian Energy to your portfolios can decrease your overall portfolio volatility.
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Is Obsidian Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Obsidian Energy. If investors know Obsidian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Obsidian Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.95) | Earnings Share 0.93 | Revenue Per Share 8.075 | Quarterly Revenue Growth (0.13) | Return On Assets 0.0495 |
The market value of Obsidian Energy is measured differently than its book value, which is the value of Obsidian that is recorded on the company's balance sheet. Investors also form their own opinion of Obsidian Energy's value that differs from its market value or its book value, called intrinsic value, which is Obsidian Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Obsidian Energy's market value can be influenced by many factors that don't directly affect Obsidian Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Obsidian Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Obsidian Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Obsidian Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.