EEENF Financial Statements From 2010 to 2024
| EEENF Stock | USD 0 0.0001 7.69% |
Check 88 Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among 88 Energy's main balance sheet or income statement drivers, such as , as well as many indicators such as . EEENF financial statements analysis is a perfect complement when working with 88 Energy Valuation or Volatility modules.
EEENF |
88 Energy Limited Company Current Valuation Analysis
88 Energy's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current 88 Energy Current Valuation | 113.42 M |
Most of 88 Energy's fundamental indicators, such as Current Valuation, 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, 88 Energy Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, 88 Energy Limited has a Current Valuation of 113.42 M. This is 99.71% lower than that of the Energy sector and 98.77% lower than that of the Oil & Gas E&P industry. The current valuation for all United States stocks is 99.32% higher than that of the company.
88 Energy Limited Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining 88 Energy's current stock value. Our valuation model uses many indicators to compare 88 Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across 88 Energy competition to find correlations between indicators driving 88 Energy's intrinsic value. More Info.88 Energy Limited is rated below average in return on equity category among its peers. It is rated # 3 in return on asset category among its peers . 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 88 Energy's earnings, one of the primary drivers of an investment's value.About 88 Energy Financial Statements
88 Energy stakeholders use historical fundamental indicators, such as 88 Energy's revenue or net income, to determine how well the company is positioned to perform in the future. Although 88 Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in 88 Energy's assets and liabilities are reflected in the revenues and expenses on 88 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 88 Energy Limited. Please read more on our technical analysis and fundamental analysis pages.
88 Energy Limited explores for oil and gas properties in the United States. The company was formerly known as Tangiers Petroleum Limited and changed its name to 88 Energy Limited in February 2015. 88 Energy Limited was incorporated in 1996 and is based in Subiaco, Australia. 88 Energy operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 10 people.
Currently Active Assets on Macroaxis
Other Information on Investing in EEENF Pink Sheet
88 Energy financial ratios help investors to determine whether EEENF Pink Sheet 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 EEENF with respect to the benefits of owning 88 Energy security.