The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. WT Offshore has an asset utilization ratio of 33.05 percent. This implies that the company is making $0.33 for each dollar of assets. An increasing asset utilization means that WT Offshore is more efficient with each dollar of assets it utilizes for everyday operations.
What is the right price you would pay to acquire a share of WT Offshore? For most investors, it would be the price that gives them a wide margin of safety to have minimal downside risk. In other words, most investors are always looking for undervalued stocks. Even if the
future performance is not entirely as expected, the loss of holding it is minimized, and the downside risk is negated. Please read more on our
stock advisor page.
What is happening with WT Offshore this year
Annual and quarterly reports issued by WT Offshore are formal
financial statements that are published yearly and quarterly and sent to WTI stockholders. The reports show and break down the current year's ongoing operations and discuss plans for the upcoming year. Annual reports have been a requirement from the
Securities and Exchange Commission (SEC) for businesses owned by the public since 1934.
Companies such as WT Offshore often view their annual report as an effective marketing tool to disseminate their perspective on company
future earnings or innovations. With this in mind, many companies devote large sums of money to making their reports attractive and informative. In such instances, the annual report becomes a forum through which a company can communicate to the general public any number of topics that may or may not be directly related to the actual data published in the reports.
WT Offshore Gross Profit
WT Offshore Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing WT Offshore previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show WT Offshore Gross Profit growth over the last 10 years. Please check WT Offshore's
gross profit and other
fundamental indicators for more details.
Is WT Offshore a risky opportunity?
Let's check the volatility. WT Offshore is looking slightly risky at this time. Whether you invest your money or manage your clients' funds, remember that it is easy to forget that behind WT Offshore (NYSE:WTI) stock is an actual business venture. So, do not let stock picking become an abstract concept by ignoring the elementary risk calculations. locking in a share of a WT Offshore stock makes you a part-owner of that company.
WT Offshore Current Consensus
Here is the current trade recommendation based on an ongoing consensus estimate among financial analysis covering WT Offshore. The WT Offshore consensus assessment is calculated by taking the average estimates from all of the analysts covering WT Offshore
| Strong Buy | 1 | 33.33 |
| Buy | 0 | 0.0 |
| Hold | 2 | 66.67 |
| Sell | 0 | 0.0 |
| Strong Sell | 0 | 0.0 |
Our perspective of the current WT Offshore rise
The variance is down to 27.4 as of today. WT Offshore currently demonstrates below-average downside deviation. It has Information Ratio of 0.25 and Jensen Alpha of 1.32. However, we advise investors to further question WT Offshore expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure WT Offshore's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact WT Offshore's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
The Bottom Line
While some other firms within the oil & gas e&p industry are still a little expensive, even after the recent corrections, WT Offshore may offer a potential longer-term growth to stockholders. The inconsistency in the assessment between current WT Offshore valuation and our trade advice on WT Offshore is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to WT Offshore.
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Ellen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of WT Offshore. Please refer to our
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