Zion Oil Profitability Analysis

ZNOG Stock

USD 0.06 0.0051 7.29%

For Zion Oil profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Zion Oil to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Zion Oil Gas utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Zion Oil's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Zion Oil Gas over time as well as its relative position and ranking within its peers. Check out Your Current Watchlist.

Zion Oil Debt to Equity Ratio is most likely to increase slightly in the upcoming years. The last year's value of Debt to Equity Ratio was reported at 0.19. The current Price to Book Value is estimated to increase to 1.31, while Earnings per Diluted Share are projected to decrease to (0.13) .

Please note, there is a significant difference between Zion Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zion Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zion Oil'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.

Zion Oil Gas Total Asset vs. Cash Flow from Operations Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Zion Oil's current stock value. Our valuation model uses many indicators to compare Zion Oil value to that of its competitors to determine the firm's financial worth.

Zion Oil Gas is rated second in cash flow from operations category among related companies. It is rated second in total asset category among related companies . The current Total Assets is estimated to increase to about 28.7 M. The current Average Assets is estimated to increase to about 64.7 M. Comparative valuation analysis is a catch-all model that can be used if you cannot value Zion Oil by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Zion Oil's OTC Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Zion Oil's earnings, one of the primary drivers of an investment's value.

Zion Total Asset vs. Cash Flow from Operations

Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.

Zion Oil

Operating Cash Flow

EBITDA

Taxes

(5.81 M)

Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.

Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Zion Oil

Total Asset

Tangible Assets

Intangible Assets

63.43 M

Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.

Zion Total Asset Comparison

Zion Oil is currently under evaluation in total asset category among related companies.

Zion Oil Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Zion Oil, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Zion Oil will eventually generate negative long term returns. The profitability progress is the general direction of Zion Oil's change in net profit over the period of time. It can combine multiple indicators of Zion Oil, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.

	Last Reported	Projected for 2023
Consolidated Income	-55.1 M	-56.5 M
Net Income	-55.1 M	-56.5 M
Net Income Common Stock	-55.1 M	-56.5 M
Operating Income	-51.9 M	-53.2 M

Zion Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Zion Oil. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Zion Oil position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Zion Oil's important profitability drivers and their relationship over time.

Zion Oil Profitability Trends

Zion Oil profitability trend refers to the progression of profit or loss within a business. An upward trend means that Zion Oil's profit has generally increased over time, and a downward profitability trend means profits are declining. Recognizing problems early in profitability trends allows investors to address revenue and cost issues in advance. Investors and analysts usually monitor three types of profitability trends: gross, operating, and net. Gross profit is the difference between revenue and costs of goods sold. Operating profit is Zion Oil's gross profit minus its overhead. After you account for other unusual revenue, expenses, and costs, you get net profit. Gross profit trends are often a good indicator of future profitability. If you have high gross profit margins, you have a better chance to cover overhead and make money.

Zion Oil Profitability Drivers Correlations

One of the toughest challenges investors face today is learning how to quickly synthesize and read into endless financial statements and information provided by the company, SEC reporting, and various external parties. Understanding the correlation between Zion Oil different financial indicators related to revenue and profit generation helps investors identify and prioritize their investing strategies towards Zion Oil in a much-optimized way. Analyzing correlations between profit drivers that are directly associated with dollar figures is the most effective way to break down Zion Oil's future profitability.

Use Zion Oil in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Zion Oil position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Zion Oil will appreciate offsetting losses from the drop in the long position's value.

Zion Oil Pair Trading

Zion Oil Gas Pair Trading Analysis

The ability to find closely correlated positions to Zion Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zion Oil when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Zion Oil - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Zion Oil Gas to buy it.

The correlation of Zion Oil is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Zion Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zion Oil Gas moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Zion Oil can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Use Investing Themes to Complement your Zion Oil position

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When running Zion Oil's price analysis, check to measure Zion Oil'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 Zion Oil is operating at the current time. Most of Zion Oil's value examination focuses on studying past and present price action to predict the probability of Zion Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zion Oil's price. Additionally, you may evaluate how the addition of Zion Oil to your portfolios can decrease your overall portfolio volatility.

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To fully project Zion Oil's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Zion Oil Gas at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Zion Oil's income statement, its balance sheet, and the statement of cash flows.

Potential Zion Oil investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Zion Oil investors may work on each financial statement separately, they are all related. The changes in Zion Oil's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Zion Oil's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

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	Revenue vs Book Value Per Share
	Price to Book vs Market Capitalization
	Revenue vs Current Ratio
	Debt to Equity vs Market Capitalization
	Revenue vs Cash and Equivalents
	Total Asset vs Market Capitalization
	Revenue vs Beta
	Short Ratio vs Market Capitalization
	Revenue vs Earnings Per Share
	Shares Outstanding vs Market Capitalization
	Revenue vs Return On Asset
	Current Valuation vs Market Capitalization
	Revenue vs Number of Employees
	Shares Owned by Insiders vs Market Capitalization
	Revenue vs Cash Flow from Operations

	Consolidated Income	Earning Before Interest and Taxes EBIT	Interest Expense	Net Income	Net Income Common Stock	Operating Expenses	Operating Income	Selling General and Administrative Expense	Weighted Average Shares
Consolidated Income		1.0	0.12	1.0	1.0	-1.0	1.0	-0.45	-0.8
Earning Before Interest and Taxes EBIT	1.0		0.13	1.0	1.0	-1.0	1.0	-0.44	-0.8
Interest Expense	0.12	0.13		0.12	0.12	-0.12	0.11	0.21	-0.06
Net Income	1.0	1.0	0.12		1.0	-1.0	1.0	-0.45	-0.8
Net Income Common Stock	1.0	1.0	0.12	1.0		-1.0	1.0	-0.45	-0.8
Operating Expenses	-1.0	-1.0	-0.12	-1.0	-1.0		-1.0	0.44	0.79
Operating Income	1.0	1.0	0.11	1.0	1.0	-1.0		-0.44	-0.79
Selling General and Administrative Expense	-0.45	-0.44	0.21	-0.45	-0.45	0.44	-0.44		0.46
Weighted Average Shares	-0.8	-0.8	-0.06	-0.8	-0.8	0.79	-0.79	0.46

Zion Oil Profitability Analysis

Zion Oil Gas Total Asset vs. Cash Flow from Operations Fundamental Analysis

Zion Total Asset vs. Cash Flow from Operations

Zion Total Asset Comparison

Zion Oil Profitability Projections

Zion Profitability Driver Comparison

Zion Oil Profitability Trends

Zion Oil Profitability Drivers Correlations

Use Zion Oil in pair-trading

Zion Oil Pair Trading

Zion Oil Gas Pair Trading Analysis

Use Investing Themes to Complement your Zion Oil position

Did You Try This Idea?

Run Buywrite ETFs Thematic Idea Now

Buywrite ETFs

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