Obsidian Total Assets vs Net Working Capital 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 Total Assets and its Net Working Capital 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.

Total Assets vs Net Working Capital

Total Assets vs Net Working Capital Correlation Analysis

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

The correlation between Obsidian Energy's Total Assets and Net Working Capital is 0.43. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Working Capital 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 Total Assets and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Obsidian Energy are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Assets i.e., Obsidian Energy's Total Assets and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.43

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Total Assets

Total assets refers to the total amount of Obsidian Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Obsidian Energy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Working Capital

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)

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.

C	Citigroup
CRM	Salesforce
MSFT	Microsoft

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

Details

Is Obsidian Stock a good investment?

Details

What is Obsidian Energy's Net Worth?

Details

Largest Oil & Gas E&P Companies

View

Largest Energy Companies

View

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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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.

	My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
	Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments
	Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
	Insider Screener Find insiders across different sectors to evaluate their impact on performance
	Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon
	Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format
	Commodity Channel Use Commodity Channel Index to analyze current equity momentum
	Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk
	Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
	Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
	Fundamental Analysis View fundamental data based on most recent published financial statements
	Volatility Analysis Get historical volatility and risk analysis based on latest market data

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Obsidian Total Assets vs Net Working Capital Analysis

Total Assets vs Net Working Capital

Total Assets vs Net Working Capital Correlation Analysis

Correlation Coefficient

Total Assets

Net Working Capital

Obsidian Energy fundamental ratios Correlations

Obsidian Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Obsidian Energy fundamental ratios Accounts

Also Currently Popular

Complementary Tools for Obsidian Stock analysis

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