Empire Net Borrowings from 2010 to 2024

EP Stock  USD 5.75  0.14  2.38%   
Empire Petroleum Net Borrowings yearly trend continues to be relatively stable with very little volatility. Net Borrowings is likely to grow to about 16.5 M this year. Net Borrowings is the difference between the amount of new debt Empire Petroleum Corp has taken on and the amount of debt it has paid off during a given period. View All Fundamentals
 
Net Borrowings  
First Reported
2010-12-31
Previous Quarter
15.8 M
Current Value
16.5 M
Quarterly Volatility
6.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Empire Petroleum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Empire Petroleum's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.7 M, Total Revenue of 42.1 M or Gross Profit of 2.7 M, as well as many indicators such as Price To Sales Ratio of 5.9, Dividend Yield of 0.0 or PTB Ratio of 7.48. Empire financial statements analysis is a perfect complement when working with Empire Petroleum Valuation or Volatility modules.
  
Check out the analysis of Empire Petroleum Correlation against competitors.

Latest Empire Petroleum's Net Borrowings Growth Pattern

Below is the plot of the Net Borrowings of Empire Petroleum Corp over the last few years. It is the difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period. Empire Petroleum's Net Borrowings historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Empire Petroleum's overall financial position and show how it may be relating to other accounts over time.
Net Borrowings10 Years Trend
Slightly volatile
   Net Borrowings   
       Timeline  

Empire Net Borrowings Regression Statistics

Arithmetic Mean4,597,236
Geometric Mean750,049
Coefficient Of Variation145.37
Mean Deviation5,766,917
Median127,500
Standard Deviation6,683,006
Sample Variance44.7T
Range16.4M
R-Value0.83
Mean Square Error15.2T
R-Squared0.68
Significance0.0001
Slope1,235,469
Total Sum of Squares625.3T

Empire Net Borrowings History

202416.5 M
202315.8 M
202113.7 M
2020499.7 K
20196.5 M
20181.2 M

About Empire Petroleum Financial Statements

Empire Petroleum shareholders use historical fundamental indicators, such as Net Borrowings, to determine how well the company is positioned to perform in the future. Although Empire Petroleum investors may analyze each financial statement separately, they are all interrelated. The changes in Empire Petroleum's assets and liabilities, for example, are also reflected in the revenues and expenses on on Empire Petroleum's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Borrowings15.8 M16.5 M

Additional Tools for Empire Stock Analysis

When running Empire Petroleum's price analysis, check to measure Empire Petroleum's 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 Empire Petroleum is operating at the current time. Most of Empire Petroleum's value examination focuses on studying past and present price action to predict the probability of Empire Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Empire Petroleum's price. Additionally, you may evaluate how the addition of Empire Petroleum to your portfolios can decrease your overall portfolio volatility.