Obsidian Total Stockholder Equity vs Short Term Debt 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 Stockholder Equity and its Short Term Debt 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 Stockholder Equity vs Short Term Debt
Total Stockholder Equity vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Obsidian Energy Total Stockholder Equity account and Short Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Obsidian Energy's Total Stockholder Equity and Short Term Debt is -0.36. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Short Term Debt 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 Stockholder Equity and Short Term Debt 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 Stockholder Equity of Obsidian Energy are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Total Stockholder Equity i.e., Obsidian Energy's Total Stockholder Equity and Short Term Debt go up and down completely randomly.
Correlation Coefficient | -0.36 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Short Term Debt
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 |
Obsidian Energy fundamental ratios Correlations
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Obsidian Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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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 Transaction History module to view history of all your transactions and understand their impact on performance.
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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.