Tamarack Financial Statements From 2010 to 2025

TVE Stock  CAD 6.05  0.05  0.82%   
Tamarack Valley's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Tamarack Valley's valuation are provided below:
Gross Profit
1.1 B
Profit Margin
0.1786
Market Capitalization
B
Enterprise Value Revenue
2.1846
Revenue
1.4 B
We have found one hundred twenty available fundamental trend indicators for Tamarack Valley Energy, which can be analyzed and compared to other ratios and to its competition. Self-guided Investors are advised to double-check Tamarack Valley's current fundamentals against the trend between 2010 and 2025 to make sure the company can sustain itself down the road. As of the 2nd of October 2025, Market Cap is likely to grow to about 395.5 M. Also, Enterprise Value is likely to grow to about 438.3 M

Tamarack Valley Total Revenue

1.47 Billion

Check Tamarack Valley financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tamarack Valley's main balance sheet or income statement drivers, such as Depreciation And Amortization of 771.8 M, Interest Expense of 84.7 M or Selling General Administrative of 145.1 M, as well as many indicators such as Price To Sales Ratio of 1.42, Dividend Yield of 0.0286 or PTB Ratio of 0.92. Tamarack financial statements analysis is a perfect complement when working with Tamarack Valley Valuation or Volatility modules.
  
This module can also supplement various Tamarack Valley Technical models . Check out the analysis of Tamarack Valley Correlation against competitors.

Tamarack Valley Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets4.2 BB1.6 B
Slightly volatile
Other Current Liabilities56.1 M53.4 M28.7 M
Slightly volatile
Total Current Liabilities289.2 M275.4 M135.9 M
Slightly volatile
Total Stockholder Equity2.2 B2.1 B890.6 M
Slightly volatile
Property Plant And Equipment NetB3.8 B1.6 B
Slightly volatile
Accounts Payable209.8 M199.8 M76.9 M
Slightly volatile
Non Current Assets TotalB3.8 B1.6 B
Slightly volatile
Net Receivables132.2 M125.9 M53 M
Slightly volatile
Common Stock Shares Outstanding548.3 M522.2 M232.1 M
Slightly volatile
Liabilities And Stockholders Equity4.2 BB1.6 B
Slightly volatile
Non Current Liabilities Total1.7 B1.6 B615.9 M
Slightly volatile
Other Current Assets60.5 M57.6 M18.2 M
Slightly volatile
Other Stockholder Equity31.1 M29.9 M29.1 M
Pretty Stable
Total LiabilitiesB1.9 B751.9 M
Slightly volatile
Property Plant And Equipment Gross6.1 B5.8 B2.1 B
Slightly volatile
Total Current Assets226.2 M215.4 M73.8 M
Slightly volatile
Short and Long Term Debt TotalB989.8 M358.8 M
Slightly volatile
Short Term Investments24.8 M23.6 M15 M
Slightly volatile
Common Stock Total Equity607 MB589.4 M
Slightly volatile
Common Stock992.7 M1.8 B809.1 M
Slightly volatile
Other Liabilities1.1 BB345.4 M
Slightly volatile
Net Tangible Assets2.6 B2.5 B955.9 M
Slightly volatile
Short and Long Term Debt2.5 M2.6 M84.2 M
Very volatile
Property Plant Equipment1.9 B3.8 B1.5 B
Slightly volatile
Long Term Debt393 M758.2 M295.3 M
Slightly volatile
Long Term Debt Total427.3 M765.4 M295.4 M
Slightly volatile
Capital Surpluse35.7 M20.8 M27.9 M
Slightly volatile
Net Invested CapitalB2.9 B1.4 B
Slightly volatile
Capital Stock1.5 B1.8 B1.1 B
Slightly volatile
Capital Lease Obligations12.4 M11.1 M11.8 M
Slightly volatile
Current Deferred Revenue107.1 M102 M28.6 M
Slightly volatile
Non Current Liabilities Other87.1 M171.3 M26 M
Slightly volatile

Tamarack Valley Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization771.8 M735 M225.4 M
Slightly volatile
Selling General Administrative145.1 M138.2 M35.6 M
Slightly volatile
Total Revenue1.5 B1.4 B512.7 M
Slightly volatile
Other Operating Expenses1.3 B1.2 B412.4 M
Slightly volatile
Cost Of Revenue191.9 M224.7 M261.7 M
Slightly volatile
Total Operating Expenses1.4 B1.3 B215.3 M
Slightly volatile
Interest Income160.6 M152.9 M47.7 M
Slightly volatile
Reconciled Depreciation333.2 M588 M237.3 M
Slightly volatile
Selling And Marketing Expenses10.5 M11.8 M12.8 M
Slightly volatile

Tamarack Valley Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Capital Expenditures1.7 M1.7 M258.1 M
Slightly volatile
Stock Based Compensation11.8 M11.2 MM
Slightly volatile
Dividends Paid61.2 M81.5 M51.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.421.49227.2493
Slightly volatile
Dividend Yield0.02860.03140.0287
Slightly volatile
PTB Ratio0.921.22470.9053
Pretty Stable
Days Sales Outstanding27.7229.1795101
Slightly volatile
Book Value Per Share4.973.9113.7684
Slightly volatile
Average Payables16.5 M25.5 M26.1 M
Pretty Stable
Stock Based Compensation To Revenue0.00610.00650.0245
Slightly volatile
PB Ratio0.921.22470.9053
Pretty Stable
EV To Sales1.831.93124.4975
Slightly volatile
Payables Turnover6.085.79234.2319
Slightly volatile
Sales General And Administrative To Revenue0.02740.02890.0838
Slightly volatile
Capex To Revenue0.250.25891.0722
Slightly volatile
Payout Ratio0.420.50220.2431
Slightly volatile
Days Payables Outstanding59.8663.01521.6 K
Slightly volatile
Current Ratio1.020.78220.8597
Pretty Stable
Tangible Book Value Per Share5.033.9113.8345
Slightly volatile
Receivables Turnover13.1312.50888.2531
Slightly volatile
Graham Number4.215.12955.6798
Pretty Stable
Shareholders Equity Per Share4.973.9113.7684
Slightly volatile
Debt To Equity0.220.36380.2964
Slightly volatile
Capex Per Share0.790.83111.5534
Pretty Stable
Average Receivables15.2 M14.5 M15.7 M
Pretty Stable
Revenue Per Share3.373.211.7937
Slightly volatile
Interest Debt Per Share1.671.58941.2479
Slightly volatile
Debt To Assets0.120.19350.1652
Slightly volatile
Short Term Coverage Ratios339323141
Slightly volatile
Price Book Value Ratio0.921.22470.9053
Pretty Stable
Days Of Payables Outstanding59.8663.01521.6 K
Slightly volatile
Dividend Payout Ratio0.420.50220.2431
Slightly volatile
Effective Tax Rate0.420.2250.2423
Slightly volatile
Company Equity Multiplier1.31.87981.6858
Slightly volatile
Long Term Debt To Capitalization0.180.26330.2263
Pretty Stable
Total Debt To Capitalization0.160.26670.2151
Slightly volatile
Debt Equity Ratio0.220.36380.2964
Slightly volatile
Quick Ratio1.030.78220.875
Slightly volatile
Net Income Per E B T0.50.7750.7527
Slightly volatile
Days Of Sales Outstanding27.7229.1795101
Slightly volatile
Cash Flow Coverage Ratios1.931.07941.5702
Slightly volatile
Price To Book Ratio0.921.22470.9053
Pretty Stable
Fixed Asset Turnover0.480.46150.2893
Slightly volatile
Debt Ratio0.120.19350.1652
Slightly volatile
Cash Flow To Debt Ratio1.931.07941.5702
Slightly volatile
Price Sales Ratio1.421.49227.2493
Slightly volatile
Asset Turnover0.460.43660.2685
Slightly volatile
Price Fair Value0.921.22470.9053
Pretty Stable

Tamarack Valley Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap395.5 M376.7 M303.5 M
Slightly volatile
Enterprise Value438.3 M417.4 M349.9 M
Slightly volatile

Tamarack Fundamental Market Drivers

Forward Price Earnings303.0303
Cash And Short Term Investments7.4 M

About Tamarack Valley Financial Statements

Tamarack Valley investors utilize fundamental indicators, such as revenue or net income, to predict how Tamarack Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue102 M107.1 M
Total Revenue1.4 B1.5 B
Cost Of Revenue224.7 M191.9 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.03  0.03 
Capex To Revenue 0.26  0.25 
Revenue Per Share 3.21  3.37 
Ebit Per Revenue 0.26  0.27 

Pair Trading with Tamarack Valley

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 Tamarack Valley 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 Tamarack Valley will appreciate offsetting losses from the drop in the long position's value.

Moving together with Tamarack Stock

  0.81ENB-PFV Enbridge Pref 5PairCorr
  0.85ENB-PFC Enbridge Pref 11PairCorr
  0.81ENB-PFU Enbridge Pref LPairCorr
The ability to find closely correlated positions to Tamarack Valley could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tamarack Valley 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 Tamarack Valley - 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 Tamarack Valley Energy to buy it.
The correlation of Tamarack Valley is a statistical measure of how it moves in relation to other instruments. 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 Tamarack Valley moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tamarack Valley Energy 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 Tamarack Valley 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 CorrelationCorrelation Matching

Other Information on Investing in Tamarack Stock

Tamarack Valley financial ratios help investors to determine whether Tamarack Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tamarack with respect to the benefits of owning Tamarack Valley security.