Canadian Overseas Financials

VELXF Stock  USD 0  0  100.00%   
We suggest to use Canadian Overseas fundamental analysis to find out if markets are presently mispricing the company. Put another way this technique allows you to double-check available reported financial drivers of Canadian Overseas as well as the relationship between them. We have analyzed and interpolated twenty-nine available fundamental indicators for Canadian Overseas Petroleum, which can be compared to its rivals. To ensure the equity is not overpriced, please confirm all Canadian Overseas financials, including its gross profit and the relationship between the total debt and net asset . As Canadian Overseas appears to be a penny stock we also recommend to validate its shares owned by institutions numbers. The stock experiences a very speculative upward sentiment. The trend is possibly hyped up. Check odds of Canadian Overseas to be traded at $0.0025 in 90 days.
With this module, you can analyze Canadian financials for your investing period. You should be able to track the changes in Canadian Overseas individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Canadian Overseas Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Canadian Overseas' financial statements are interrelated, with each one affecting the others. For example, an increase in Canadian Overseas' assets may result in an increase in income on the income statement.
Evaluating Canadian Overseas' financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Canadian Overseas' profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Canadian Overseas' relative financial performance

Chance Of Distress

Over 53

 
100  
 
Zero
Average
Canadian Overseas Petroleum has more than 53 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Canadian Overseas pink sheet is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Canadian Overseas' odds of distress score SHOULD NOT be confused with the real chance of Canadian Overseas Petroleum filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Canadian is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Canadian Overseas' liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
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The data published in Canadian Overseas' official financial statements usually reflect Canadian Overseas' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Canadian Overseas. For example, before you start analyzing numbers published by Canadian accountants, it's critical to develop an understanding of what Canadian Overseas' liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.
Please note, the presentation of Canadian Overseas' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Canadian Overseas' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Canadian Overseas' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Canadian Overseas Petroleum. Please utilize our Beneish M Score to check the likelihood of Canadian Overseas' management manipulating its earnings.

Canadian Overseas Company Summary

Canadian Overseas competes with KB Financial, POSCO Holdings, Berkshire Hathaway, Hyundai, and Berkshire Hathaway. Canadian Overseas Petroleum Limited, together with its subsidiaries, engages in the identification, acquisition, exploration, and development of oil and natural gas offshore reserves in Africa. The company was formerly known as Velo Energy Inc. and changed its name to Canadian Overseas Petroleum Limited in July 2010. Canadian Overseas operates under Oil Gas EP classification in the United States and is traded on OTC Exchange.
InstrumentUSA Pink Sheet View All
ExchangePINK Exchange
Business Address7155th Avenue SW,
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkNYSE Composite
Websitewww.canoverseas.com
Phone403 262 5441
CurrencyUSD - US Dollar
You should never invest in Canadian Overseas without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Canadian Pink Sheet, because this is throwing your money away. Analyzing the key information contained in Canadian Overseas' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Canadian Overseas Key Financial Ratios

Generally speaking, Canadian Overseas' financial ratios allow both analysts and investors to convert raw data from Canadian Overseas' financial statements into concise, actionable information that can be used to evaluate the performance of Canadian Overseas over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Canadian Overseas reports annually and quarterly.

Canadian Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Canadian Overseas's current stock value. Our valuation model uses many indicators to compare Canadian Overseas value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Canadian Overseas competition to find correlations between indicators driving Canadian Overseas's intrinsic value. More Info.
Canadian Overseas Petroleum is rated first in market capitalization category among related companies. It is rated first in net income category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Canadian Overseas by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Canadian Overseas' Pink Sheet . 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 Canadian Overseas' earnings, one of the primary drivers of an investment's value.

Canadian Overseas Systematic Risk

Canadian Overseas' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Canadian Overseas volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Canadian Overseas correlated with the market. If Beta is less than 0 Canadian Overseas generally moves in the opposite direction as compared to the market. If Canadian Overseas Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Canadian Overseas is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Canadian Overseas is generally in the same direction as the market. If Beta > 1 Canadian Overseas moves generally in the same direction as, but more than the movement of the benchmark.

About Canadian Overseas Financials

What exactly are Canadian Overseas Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Canadian Overseas' income statement, its balance sheet, and the statement of cash flows. Potential Canadian Overseas investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Canadian Overseas investors may use each financial statement separately, they are all related. The changes in Canadian Overseas's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Canadian Overseas'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.

Steps to analyze Canadian Overseas Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Canadian Overseas is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Canadian has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Canadian Overseas' financials are consistent with your investment objective using the following steps:
  • Review Canadian Overseas' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Canadian Overseas' liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Canadian Overseas' financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Canadian Overseas' stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Canadian Overseas March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Canadian Overseas help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Canadian Overseas Petroleum. We use our internally-developed statistical techniques to arrive at the intrinsic value of Canadian Overseas Petroleum based on widely used predictive technical indicators. In general, we focus on analyzing Canadian Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Canadian Overseas's daily price indicators and compare them against related drivers.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Canadian Overseas Petroleum. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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When running Canadian Overseas' price analysis, check to measure Canadian Overseas' 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 Canadian Overseas is operating at the current time. Most of Canadian Overseas' value examination focuses on studying past and present price action to predict the probability of Canadian Overseas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Overseas' price. Additionally, you may evaluate how the addition of Canadian Overseas to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Canadian Overseas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Overseas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Overseas' 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.