Greenfire Enterprise Value from 2010 to 2024
| GFR Stock | 7.14 0.13 1.79% |
Enterprise Value | First Reported 2010-12-31 | Previous Quarter 630.7 M | Current Value 858.6 M | Quarterly Volatility 61.2 M |
Check Greenfire Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Greenfire Resources' main balance sheet or income statement drivers, such as Depreciation And Amortization of 46.1 M, Selling General Administrative of 22.4 M or Other Operating Expenses of 429.8 M, as well as many indicators such as Price To Sales Ratio of 0.49, Dividend Yield of 0.14 or PTB Ratio of 0.53. Greenfire financial statements analysis is a perfect complement when working with Greenfire Resources Valuation or Volatility modules.
Greenfire | Enterprise Value |
Latest Greenfire Resources' Enterprise Value Growth Pattern
Below is the plot of the Enterprise Value of Greenfire Resources over the last few years. Enterprise Value (or EV) is usually referred to as Greenfire Resources theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Greenfire Resources debt, but would also pocket its cash. Enterprise Value is more accurate representation of Greenfire Resources value than its market capitalization because it takes into account all of Greenfire Resources existing debt. It is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents. Greenfire Resources' Enterprise Value historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Greenfire Resources' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 706.06 M | 10 Years Trend |
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Enterprise Value |
| Timeline |
Greenfire Enterprise Value Regression Statistics
| Arithmetic Mean | 782,537,518 | |
| Geometric Mean | 780,283,964 | |
| Coefficient Of Variation | 7.82 | |
| Mean Deviation | 30,421,626 | |
| Median | 776,174,324 | |
| Standard Deviation | 61,210,317 | |
| Sample Variance | 3746.7T | |
| Range | 303.9M | |
| R-Value | 0.13 | |
| Mean Square Error | 3967.2T | |
| R-Squared | 0.02 | |
| Significance | 0.65 | |
| Slope | 1,773,576 | |
| Total Sum of Squares | 52453.8T |
Greenfire Enterprise Value History
Other Fundumenentals of Greenfire Resources
Greenfire Resources Enterprise Value component correlations
Click cells to compare fundamentals
About Greenfire Resources Financial Statements
Greenfire Resources shareholders use historical fundamental indicators, such as Enterprise Value, to determine how well the company is positioned to perform in the future. Although Greenfire Resources investors may analyze each financial statement separately, they are all interrelated. The changes in Greenfire Resources' assets and liabilities, for example, are also reflected in the revenues and expenses on on Greenfire Resources' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Enterprise Value Over EBITDA | 10.35 | 8.78 | |
| Enterprise Value Multiple | 10.35 | 8.78 | |
| Enterprise Value | 630.7 M | 858.6 M |
Pair Trading with Greenfire Resources
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 Greenfire Resources 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 Greenfire Resources will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Greenfire Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Greenfire Resources 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 Greenfire Resources - 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 Greenfire Resources to buy it.
The correlation of Greenfire Resources 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 Greenfire Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Greenfire Resources 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 Greenfire Resources 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.Additional Tools for Greenfire Stock Analysis
When running Greenfire Resources' price analysis, check to measure Greenfire Resources' 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 Greenfire Resources is operating at the current time. Most of Greenfire Resources' value examination focuses on studying past and present price action to predict the probability of Greenfire Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greenfire Resources' price. Additionally, you may evaluate how the addition of Greenfire Resources to your portfolios can decrease your overall portfolio volatility.