Obsidian Other Current Liab from 2010 to 2024

OBE Stock  USD 5.38  0.26  5.08%   
Obsidian Energy's Other Current Liabilities is decreasing over the years with stable fluctuation. Other Current Liabilities is expected to dwindle to about 31 M. During the period from 2010 to 2024 Obsidian Energy Other Current Liabilities annual values regression line had geometric mean of  31,987,647 and mean square error of 4130.8 T. View All Fundamentals
 
Other Current Liabilities  
First Reported
2005-06-30
Previous Quarter
26.4 M
Current Value
27.5 M
Quarterly Volatility
180.5 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Obsidian Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Obsidian Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 200.4 M, Total Revenue of 620.6 M or Gross Profit of 567.1 M, as well as many indicators such as Price To Sales Ratio of 1.83, Dividend Yield of 0.088 or PTB Ratio of 0.44. Obsidian financial statements analysis is a perfect complement when working with Obsidian Energy Valuation or Volatility modules.
  
Check out the analysis of Obsidian Energy Correlation against competitors.
For information on how to trade Obsidian Stock refer to our How to Trade Obsidian Stock guide.

Latest Obsidian Energy's Other Current Liab Growth Pattern

Below is the plot of the Other Current Liab of Obsidian Energy over the last few years. It is Obsidian Energy's Other Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Obsidian Energy's overall financial position and show how it may be relating to other accounts over time.
Other Current Liab10 Years Trend
Pretty Stable
   Other Current Liab   
       Timeline  

Obsidian Other Current Liab Regression Statistics

Arithmetic Mean55,492,800
Geometric Mean31,987,647
Coefficient Of Variation115.45
Mean Deviation46,003,840
Median30,970,000
Standard Deviation64,067,246
Sample Variance4104.6T
Range238M
R-Value(0.26)
Mean Square Error4130.8T
R-Squared0.07
Significance0.36
Slope(3,666,300)
Total Sum of Squares57464.6T

Obsidian Other Current Liab History

202431 M
202332.6 M
202234.1 M
202127.6 M
202016.9 M
2019140 M
201828 M

About Obsidian Energy Financial Statements

Obsidian Energy stakeholders use historical fundamental indicators, such as Obsidian Energy's Other Current Liab, to determine how well the company is positioned to perform in the future. Although Obsidian Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Obsidian Energy's assets and liabilities are reflected in the revenues and expenses on Obsidian Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Obsidian Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Liabilities32.6 M31 M

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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.
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:
Check out the analysis of Obsidian Energy Correlation against competitors.
For information on how to trade Obsidian Stock refer to our How to Trade Obsidian Stock guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Oil & Gas Exploration & Production space 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
0.4
Earnings Share
0.99
Revenue Per Share
9.012
Quarterly Revenue Growth
0.075
Return On Assets
0.0519
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.