Canadian Financial Statements From 2010 to 2024
| VELXF Stock | USD 0 0.01 77.01% |
Check Canadian Overseas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canadian main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Canadian financial statements analysis is a perfect complement when working with Canadian Overseas Valuation or Volatility modules.
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Canadian Overseas Petroleum Company Return On Equity Analysis
Canadian Overseas' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Canadian Overseas Return On Equity | -0.56 |
Most of Canadian Overseas' fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Canadian Overseas Petroleum is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Canadian Overseas Petroleum has a Return On Equity of -0.5635. This is 71.54% lower than that of the Oil, Gas & Consumable Fuels sector and 131.66% lower than that of the Energy industry. The return on equity for all United States stocks is 81.77% higher than that of the company.
Canadian Overseas Fundamental Drivers 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 below average in return on equity category among related companies. It is rated below average in return on asset 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.About Canadian Overseas Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Canadian Overseas income statement, its balance sheet, and the statement of cash flows. Canadian Overseas investors use historical funamental indicators, such as Canadian Overseas's revenue or net income, 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. We offer a historical overview of the basic patterns found on Canadian Overseas Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Canadian Overseas. Please read more on our technical analysis and fundamental analysis pages.
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.
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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.Check out the analysis of Canadian Overseas Correlation against competitors. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Canadian Pink Sheet analysis
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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