Advantage Financial Statements From 2010 to 2024

AAV Stock  CAD 8.90  0.30  3.26%   
Advantage Oil financial statements provide useful quarterly and yearly information to potential Advantage Oil Gas investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Advantage Oil financial statements helps investors assess Advantage Oil's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Advantage Oil's valuation are summarized below:
Gross Profit
699 M
Profit Margin
0.0933
Market Capitalization
1.5 B
Enterprise Value Revenue
4.157
Revenue
488.8 M
We have found one hundred twenty available fundamental signals for Advantage Oil Gas, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to validate Advantage Oil's prevailing fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 27th of November 2024, Market Cap is likely to grow to about 1.5 B. Also, Enterprise Value is likely to grow to about 1.8 B

Advantage Oil Total Revenue

483.95 Million

Check Advantage Oil financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Advantage Oil's main balance sheet or income statement drivers, such as Depreciation And Amortization of 96.9 M, Interest Expense of 42.3 M or Selling General Administrative of 29.6 M, as well as many indicators such as Price To Sales Ratio of 1.73, Dividend Yield of 0.0217 or PTB Ratio of 0.49. Advantage financial statements analysis is a perfect complement when working with Advantage Oil Valuation or Volatility modules.
  
This module can also supplement various Advantage Oil Technical models . Check out the analysis of Advantage Oil Correlation against competitors.

Advantage Oil Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.4 B2.3 B1.8 B
Pretty Stable
Short and Long Term Debt Total268.3 M354 M259.4 M
Pretty Stable
Other Current Liabilities19.5 M20.5 M113.9 M
Slightly volatile
Total Current Liabilities91.6 M96.4 M145.4 M
Slightly volatile
Total Stockholder Equity992.2 M1.6 B1.2 B
Slightly volatile
Property Plant And Equipment Net1.2 B2.1 B1.6 B
Slightly volatile
Cash32.1 M19.3 M39.3 M
Slightly volatile
Non Current Assets Total1.4 B2.2 B1.7 B
Slightly volatile
Non Currrent Assets Other3.8 MM173 M
Very volatile
Cash And Short Term Investments32.5 M19.3 M48.9 M
Slightly volatile
Net Receivables50.7 M53.4 M81.8 M
Slightly volatile
Common Stock Shares Outstanding104.5 M171.8 M164.8 M
Slightly volatile
Liabilities And Stockholders Equity1.4 B2.3 B1.8 B
Pretty Stable
Non Current Liabilities Total434.3 M646.2 M414.7 M
Slightly volatile
Other Stockholder Equity362.7 M187 M313 M
Slightly volatile
Total Liabilities609.4 M742.6 M596.3 M
Slightly volatile
Property Plant And Equipment Gross3.7 B3.5 BB
Slightly volatile
Total Current Assets114.4 M120.5 M167.3 M
Slightly volatile
Intangible Assets5.1 M5.4 M26.9 M
Slightly volatile
Other Current Assets38.5 M47.8 M54.4 M
Slightly volatile
Accounts Payable67.1 M70.6 M79.4 M
Slightly volatile
Good Will104.9 M138.3 M115.5 M
Slightly volatile
Common Stock Total Equity2.4 B2.7 B2.3 B
Slightly volatile
Common Stock2.4 BB2.2 B
Slightly volatile
Short Term Investments20.9 M26.6 M29.7 M
Slightly volatile
Other Liabilities151.4 M298.3 M142.7 M
Slightly volatile
Net Tangible Assets1.4 B1.8 B1.3 B
Slightly volatile
Long Term Debt185.1 M259.1 M252.8 M
Slightly volatile
Long Term Investments10.3 M12.8 M16.7 M
Slightly volatile
Short and Long Term Debt174.1 M188.1 M237.1 M
Slightly volatile
Property Plant Equipment1.8 B2.2 B1.7 B
Slightly volatile
Deferred Long Term Liabilities41.5 M66.5 M44.2 M
Slightly volatile
Long Term Debt Total242.6 M223.8 M195.3 M
Slightly volatile
Capital Surpluse128.6 M164.2 M117.4 M
Slightly volatile
Net Invested Capital1.8 B1.8 B1.6 B
Slightly volatile
Cash And Equivalents59.1 M56.3 M17.8 M
Slightly volatile
Capital Stock1.8 BB2.3 B
Slightly volatile
Capital Lease Obligations1.9 M2.1 M2.4 M
Slightly volatile
Non Current Liabilities Other72.4 M88.1 M91.3 M
Slightly volatile

Advantage Oil Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization96.9 M150.3 M112.4 M
Slightly volatile
Interest Expense42.3 M30.6 M17.8 M
Slightly volatile
Selling General Administrative29.6 M31.2 M53.6 M
Very volatile
Total Revenue483.9 M509.4 M542.9 M
Pretty Stable
Gross Profit186.5 M180.7 M181.2 M
Slightly volatile
Other Operating Expenses351.7 M370.2 M460.1 M
Slightly volatile
EBITDA168.2 M289.6 M190.9 M
Slightly volatile
Cost Of Revenue312.3 M328.8 M362.8 M
Slightly volatile
Total Operating Expenses39.3 M41.4 M97.3 M
Pretty Stable
Research Development2.4 M2.7 MM
Slightly volatile
Non Recurring123.2 K154.1 K105.3 K
Slightly volatile
Interest Income1.4 M1.4 M28.7 M
Very volatile
Reconciled Depreciation134.7 M148.9 M121.1 M
Slightly volatile

Advantage Oil Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Capital Expenditures153.5 M282.8 M185.3 M
Pretty Stable
Total Cash From Operating Activities339.5 M323.3 M199.4 M
Slightly volatile
End Period Cash Flow26.7 M19.3 M17.8 M
Very volatile
Stock Based Compensation5.8 M6.5 M5.3 M
Very volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.732.78893.2453
Very volatile
Dividend Yield0.02170.02290.0212
Pretty Stable
PTB Ratio0.490.91290.6995
Pretty Stable
Days Sales Outstanding61.4138.245542.3628
Slightly volatile
Book Value Per Share8.889.344810.8633
Slightly volatile
Operating Cash Flow Per Share1.121.94141.1744
Pretty Stable
Average Payables70.1 M73.8 M88.8 M
Slightly volatile
Stock Based Compensation To Revenue0.01390.01280.018
Slightly volatile
PB Ratio0.490.91290.6995
Pretty Stable
EV To Sales2.293.44594.1371
Pretty Stable
Payables Turnover4.552.52713.0737
Pretty Stable
Sales General And Administrative To Revenue0.04590.04840.1405
Pretty Stable
Average Inventory0.550.5724 M
Slightly volatile
Research And Ddevelopement To Revenue0.00690.00770.0084
Slightly volatile
Capex To Revenue0.460.55230.6762
Pretty Stable
Cash Per Share0.110.11560.3838
Slightly volatile
POCF Ratio5.424.39375.059
Very volatile
Interest Coverage10.469.96315.3751
Slightly volatile
Capex To Operating Cash Flow1.180.87011.1156
Pretty Stable
Days Payables Outstanding157144164
Pretty Stable
EV To Operating Cash Flow6.965.42896.7516
Slightly volatile
Current Ratio1.431.24911.085
Pretty Stable
Tangible Book Value Per Share15.359.312610.0255
Slightly volatile
Receivables Turnover9.989.54369.3551
Pretty Stable
Graham Number10.7611.324712.2206
Pretty Stable
Shareholders Equity Per Share8.889.344110.7124
Slightly volatile
Debt To Equity0.210.22620.2652
Slightly volatile
Capex Per Share1.971.68911.1865
Pretty Stable
Average Receivables51.2 M53.9 M79.2 M
Slightly volatile
Revenue Per Share2.913.058626.2014
Slightly volatile
Interest Debt Per Share2.182.29425.5606
Slightly volatile
Debt To Assets0.220.15310.1664
Slightly volatile
Short Term Coverage Ratios70.5467.181633.8679
Slightly volatile
Price Book Value Ratio0.490.91290.6995
Pretty Stable
Days Of Payables Outstanding157144164
Pretty Stable
Price To Operating Cash Flows Ratio5.424.39375.059
Very volatile
Company Equity Multiplier2.261.47721.5938
Slightly volatile
Long Term Debt To Capitalization0.260.18240.1923
Slightly volatile
Total Debt To Capitalization0.30.18450.206
Slightly volatile
Debt Equity Ratio0.210.22620.2652
Slightly volatile
Quick Ratio1.191.24911.1368
Pretty Stable
Dividend Paid And Capex Coverage Ratio1.211.14931.0313
Slightly volatile
Cash Ratio0.280.19970.1759
Slightly volatile
Operating Cash Flow Sales Ratio0.420.63470.5962
Very volatile
Days Of Sales Outstanding61.4138.245542.3628
Slightly volatile
Cash Flow Coverage Ratios0.960.91860.8024
Slightly volatile
Price To Book Ratio0.490.91290.6995
Pretty Stable
Fixed Asset Turnover0.230.24380.8783
Slightly volatile
Capital Expenditure Coverage Ratio1.21.14931.0633
Slightly volatile
Price Cash Flow Ratio5.424.39375.059
Very volatile
Debt Ratio0.220.15310.1664
Slightly volatile
Cash Flow To Debt Ratio0.960.91860.8024
Slightly volatile
Price Sales Ratio1.732.78893.2453
Very volatile
Asset Turnover0.210.22160.3113
Slightly volatile
Gross Profit Margin0.680.64970.4917
Slightly volatile
Price Fair Value0.490.91290.6995
Pretty Stable

Advantage Oil Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.5 B1.4 B901.9 M
Slightly volatile
Enterprise Value1.8 B1.8 B1.2 B
Slightly volatile

Advantage Fundamental Market Drivers

Forward Price Earnings7.6805
Cash And Short Term Investments19.3 M

About Advantage Oil Financial Statements

Advantage Oil investors utilize fundamental indicators, such as revenue or net income, to predict how Advantage 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 Revenue-80.6 M-76.5 M
Total Revenue509.4 M483.9 M
Cost Of Revenue328.8 M312.3 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.05  0.05 
Research And Ddevelopement To Revenue 0.01  0.01 
Capex To Revenue 0.55  0.46 
Revenue Per Share 3.06  2.91 
Ebit Per Revenue 0.59  0.62 

Pair Trading with Advantage Oil

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 Advantage 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 Advantage Oil will appreciate offsetting losses from the drop in the long position's value.

Moving against Advantage Stock

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The ability to find closely correlated positions to Advantage 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 Advantage 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 Advantage 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 Advantage Oil Gas to buy it.
The correlation of Advantage Oil 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 Advantage Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Advantage 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 Advantage 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 CorrelationCorrelation Matching

Other Information on Investing in Advantage Stock

Advantage Oil financial ratios help investors to determine whether Advantage 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 Advantage with respect to the benefits of owning Advantage Oil security.