Obsidian Net Debt vs Net Tangible Assets Analysis

OBE Stock

USD 7.65 0.10 1.32%

Obsidian Energy financial indicator trend analysis is much more than just breaking down Obsidian Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Obsidian Energy is a good investment. Please check the relationship between Obsidian Energy Net Debt and its Net Tangible Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Obsidian Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

For information on how to trade Obsidian Stock refer to our How to Trade Obsidian Stock guide.

Net Debt vs Net Tangible Assets

Net Debt vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Obsidian Energy Net Debt account and Net Tangible Assets. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Obsidian Energy's Net Debt and Net Tangible Assets is 0.47. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Obsidian Energy, assuming nothing else is changed. The correlation between historical values of Obsidian Energy's Net Debt and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Obsidian Energy are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Net Debt i.e., Obsidian Energy's Net Debt and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.47

Relationship Direction	Positive
Relationship Strength	Weak

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Most indicators from Obsidian Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Obsidian Energy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Obsidian Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

For information on how to trade Obsidian Stock refer to our How to Trade Obsidian Stock guide.At present, Obsidian Energy's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting.

	2021	2022	2023	2024 (projected)
Cost Of Revenue	100K	224.3M	469.7M	446.2M
Interest Expense	27.9M	31M	31.8M	30.2M

Cost Of Revenue Interest Expense

Obsidian Energy fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Total Current Assets	Common Stock	Other Current Assets	Other Stockholder Equity	Non Currrent Assets Other	Current Deferred Revenue	Other Assets	Short Term Debt	Cash And Short Term Investments	Short Term Investments	Inventory	Cash
Total Assets		0.97	-0.04	0.85	0.98	1.0	0.97	0.06	0.86	1.0	0.96	0.01	0.99	0.99	0.95	0.8	0.81	0.55	0.59	0.57	0.55	-0.27	0.2	0.03	0.61	0.8
Short Long Term Debt Total	0.97		-0.06	0.89	0.92	0.97	1.0	-0.06	0.78	0.97	0.92	-0.02	0.98	0.99	0.92	0.82	0.73	0.55	0.53	0.66	0.57	-0.1	0.24	0.2	0.64	0.77
Other Current Liab	-0.04	-0.06		0.16	-0.06	-0.06	-0.05	0.19	0.25	-0.04	0.18	0.2	-0.08	-0.04	-0.02	-0.16	0.34	0.58	-0.08	-0.35	0.01	0.07	-0.23	-0.38	-0.14	-0.12
Total Current Liabilities	0.85	0.89	0.16		0.82	0.85	0.89	-0.04	0.74	0.85	0.85	0.13	0.84	0.88	0.81	0.72	0.73	0.64	0.34	0.54	0.63	0.17	0.31	0.16	0.47	0.63
Total Stockholder Equity	0.98	0.92	-0.06	0.82		0.98	0.92	0.1	0.88	0.98	0.94	0.02	0.96	0.96	0.93	0.78	0.82	0.52	0.61	0.49	0.55	-0.36	0.16	-0.03	0.54	0.76
Property Plant And Equipment Net	1.0	0.97	-0.06	0.85	0.98		0.97	0.03	0.84	1.0	0.95	0.0	0.99	0.99	0.95	0.82	0.79	0.53	0.6	0.61	0.54	-0.27	0.23	0.08	0.63	0.8
Net Debt	0.97	1.0	-0.05	0.89	0.92	0.97		-0.06	0.79	0.97	0.93	-0.02	0.98	0.99	0.92	0.82	0.74	0.55	0.53	0.65	0.57	-0.11	0.22	0.19	0.64	0.77
Retained Earnings	0.06	-0.06	0.19	-0.04	0.1	0.03	-0.06		0.3	0.06	0.12	-0.26	0.02	0.01	-0.11	-0.53	0.33	0.24	0.02	-0.37	0.0	-0.26	-0.33	-0.62	-0.46	0.2
Accounts Payable	0.86	0.78	0.25	0.74	0.88	0.84	0.79	0.3		0.86	0.93	0.01	0.83	0.83	0.81	0.57	0.98	0.74	0.49	0.13	0.47	-0.41	-0.22	-0.37	0.35	0.61
Non Current Assets Total	1.0	0.97	-0.04	0.85	0.98	1.0	0.97	0.06	0.86		0.96	0.0	0.99	0.99	0.95	0.8	0.81	0.55	0.58	0.57	0.55	-0.27	0.2	0.03	0.6	0.8
Net Receivables	0.96	0.92	0.18	0.85	0.94	0.95	0.93	0.12	0.93	0.96		-0.02	0.94	0.95	0.93	0.73	0.92	0.72	0.57	0.45	0.49	-0.3	0.04	-0.1	0.57	0.73
Common Stock Shares Outstanding	0.01	-0.02	0.2	0.13	0.02	0.0	-0.02	-0.26	0.01	0.0	-0.02		-0.08	-0.04	0.04	0.18	-0.02	-0.07	-0.14	-0.25	0.36	0.22	0.06	0.17	-0.33	-0.48
Non Current Liabilities Total	0.99	0.98	-0.08	0.84	0.96	0.99	0.98	0.02	0.83	0.99	0.94	-0.08		1.0	0.94	0.81	0.77	0.54	0.59	0.63	0.54	-0.26	0.22	0.1	0.65	0.83
Total Liab	0.99	0.99	-0.04	0.88	0.96	0.99	0.99	0.01	0.83	0.99	0.95	-0.04	1.0		0.94	0.81	0.78	0.57	0.56	0.64	0.56	-0.19	0.24	0.11	0.64	0.81
Total Current Assets	0.95	0.92	-0.02	0.81	0.93	0.95	0.92	-0.11	0.81	0.95	0.93	0.04	0.94	0.94		0.86	0.76	0.48	0.58	0.58	0.43	-0.24	0.19	0.04	0.73	0.72
Common Stock	0.8	0.82	-0.16	0.72	0.78	0.82	0.82	-0.53	0.57	0.8	0.73	0.18	0.81	0.81	0.86		0.49	0.3	0.51	0.65	0.47	-0.14	0.34	0.36	0.75	0.52
Other Current Assets	0.81	0.73	0.34	0.73	0.82	0.79	0.74	0.33	0.98	0.81	0.92	-0.02	0.77	0.78	0.76	0.49		0.84	0.48	0.12	0.4	-0.38	-0.21	-0.4	0.33	0.59
Other Stockholder Equity	0.55	0.55	0.58	0.64	0.52	0.53	0.55	0.24	0.74	0.55	0.72	-0.07	0.54	0.57	0.48	0.3	0.84		0.4	0.15	0.24	-0.21	-0.09	-0.2	0.23	0.4
Non Currrent Assets Other	0.59	0.53	-0.08	0.34	0.61	0.6	0.53	0.02	0.49	0.58	0.57	-0.14	0.59	0.56	0.58	0.51	0.48	0.4		0.42	0.0	-0.59	0.1	0.15	0.56	0.42
Current Deferred Revenue	0.57	0.66	-0.35	0.54	0.49	0.61	0.65	-0.37	0.13	0.57	0.45	-0.25	0.63	0.64	0.58	0.65	0.12	0.15	0.42		0.22	0.08	0.74	0.67	0.74	0.65
Other Assets	0.55	0.57	0.01	0.63	0.55	0.54	0.57	0.0	0.47	0.55	0.49	0.36	0.54	0.56	0.43	0.47	0.4	0.24	0.0	0.22		0.09	0.24	0.22	-0.06	0.34
Short Term Debt	-0.27	-0.1	0.07	0.17	-0.36	-0.27	-0.11	-0.26	-0.41	-0.27	-0.3	0.22	-0.26	-0.19	-0.24	-0.14	-0.38	-0.21	-0.59	0.08	0.09		0.29	0.33	-0.15	-0.21
Cash And Short Term Investments	0.2	0.24	-0.23	0.31	0.16	0.23	0.22	-0.33	-0.22	0.2	0.04	0.06	0.22	0.24	0.19	0.34	-0.21	-0.09	0.1	0.74	0.24	0.29		0.65	0.31	0.35
Short Term Investments	0.03	0.2	-0.38	0.16	-0.03	0.08	0.19	-0.62	-0.37	0.03	-0.1	0.17	0.1	0.11	0.04	0.36	-0.4	-0.2	0.15	0.67	0.22	0.33	0.65		0.25	-0.06
Inventory	0.61	0.64	-0.14	0.47	0.54	0.63	0.64	-0.46	0.35	0.6	0.57	-0.33	0.65	0.64	0.73	0.75	0.33	0.23	0.56	0.74	-0.06	-0.15	0.31	0.25		0.64
Cash	0.8	0.77	-0.12	0.63	0.76	0.8	0.77	0.2	0.61	0.8	0.73	-0.48	0.83	0.81	0.72	0.52	0.59	0.4	0.42	0.65	0.34	-0.21	0.35	-0.06	0.64

Click cells to compare fundamentals

Obsidian Energy Account Relationship Matchups

Obsidian Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.9B	964.1M	1.4B	2.2B	2.3B	2.1B
Short Long Term Debt Total	575M	462.2M	399.7M	231.3M	228M	216.6M
Other Current Liab	140M	91M	135.4M	219.7M	32.6M	31.0M
Total Current Liabilities	603M	547.6M	530.5M	222.9M	230M	441.3M
Total Stockholder Equity	1.1B	323.1M	763.5M	1.6B	1.6B	3.1B
Property Plant And Equipment Net	1.7B	905.2M	1.3B	1.9B	1.9B	1.8B
Net Debt	574M	454.1M	392.4M	230.5M	227.5M	216.1M
Retained Earnings	(1.2B)	(2.0B)	(1.6B)	(743.4M)	(635.4M)	(667.2M)
Accounts Payable	111M	74.1M	107.8M	185.6M	193.5M	260.7M
Non Current Assets Total	1.7B	905.2M	1.3B	2.1B	2.2B	2.0B
Net Receivables	71M	40.8M	68.9M	82.6M	70M	66.5M
Common Stock Shares Outstanding	72.9M	73.3M	77.6M	84.4M	84.1M	59.8M
Liabilities And Stockholders Equity	1.9B	964.1M	1.4B	2.2B	2.3B	2.1B
Non Current Liabilities Total	209M	93.4M	135.2M	401.7M	376.6M	357.8M
Total Liab	812M	641M	665.7M	624.6M	606.6M	576.3M
Total Current Assets	169M	58.9M	87.1M	100.3M	94.6M	89.9M
Other Stockholder Equity	101.8M	103.6M	103.2M	101.2M	91.1M	86.5M
Accumulated Other Comprehensive Income	102M	103.6M	103.2M	101.2M	104.1M	99.4M
Short Term Debt	463M	456.6M	395.1M	3.2M	3.9M	3.7M
Cash And Short Term Investments	1M	8.1M	7.3M	800K	500K	475K
Inventory	85M	800K	1.8M	6.2M	1.0	0.95
Cash	1M	8.1M	7.3M	800K	500K	475K
Long Term Debt	402M	27M	0.0	225.3M	218M	207.1M
Long Term Debt Total	112M	5.6M	4.6M	228.1M	205.3M	195.0M
Property Plant Equipment	1.7B	905.2M	1.3B	1.9B	1.7B	2.5B
Other Liab	96.6M	87.8M	130.6M	173.6M	199.6M	149.3M
Net Tangible Assets	1.1B	323.1M	763.5M	1.6B	1.4B	900.3M
Net Invested Capital	1.6B	774.9M	1.2B	1.8B	1.9B	1.3B
Short Long Term Debt	434M	451.8M	391M	2M	1.8M	1.7M
Net Working Capital	(434M)	(488.7M)	(443.4M)	(122.6M)	(135.4M)	(142.2M)

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When determining whether Obsidian Energy is a strong investment it is important to analyze Obsidian Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Obsidian Energy's future performance. For an informed investment choice regarding Obsidian Stock, refer to the following important reports:

How To Invest In Obsidian

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Is Obsidian Stock a good investment?

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What is Obsidian Energy's Net Worth?

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Obsidian Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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

(0.58)

Earnings Share

0.78

Revenue Per Share

8.172

Quarterly Revenue Growth

(0.01)

Return On Assets

0.0421

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.

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Obsidian Net Debt vs Net Tangible Assets Analysis

Net Debt vs Net Tangible Assets

Net Debt vs Net Tangible Assets Correlation Analysis

Correlation Coefficient

Net Debt

Net Tangible Assets

Obsidian Energy fundamental ratios Correlations

Obsidian Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Obsidian Energy fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Non Current Liabilities Total
Non Current Liabilities Total	+ 0.99	Total Assets

Short Term Investments	- 0.62	Retained Earnings
Short Term Debt	- 0.59	Non Currrent Assets Other
Common Stock	- 0.53	Retained Earnings
Cash	- 0.48	Common Stock Shares Outstanding
Inventory	- 0.46	Retained Earnings
Short Term Debt	- 0.41	Accounts Payable