Independence Financial Statements From 2010 to 2024
Independence Contract financial statements provide useful quarterly and yearly information to potential Independence Contract Drilling 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 Independence Contract financial statements helps investors assess Independence Contract's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Independence Contract's valuation are summarized below:Independence Contract Drilling does not presently have any fundamental trends for analysis.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Check Independence Contract financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Independence Contract's main balance sheet or income statement drivers, such as , as well as many indicators such as . Independence financial statements analysis is a perfect complement when working with Independence Contract Valuation or Volatility modules.
Independence |
Independence Contract Drilling Company Profit Margin Analysis
Independence Contract's Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Current Independence Contract Profit Margin | (0.33) % |
Most of Independence Contract's fundamental indicators, such as Profit Margin, 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, Independence Contract Drilling is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
CompetitionBased on the latest financial disclosure, Independence Contract Drilling has a Profit Margin of -0.3292%. This is 86.11% lower than that of the Energy Equipment & Services sector and 97.66% lower than that of the Energy industry. The profit margin for all United States stocks is 74.08% lower than that of the firm.
Independence Contract Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Independence Contract's current stock value. Our valuation model uses many indicators to compare Independence Contract value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Independence Contract competition to find correlations between indicators driving Independence Contract's intrinsic value. More Info.Independence Contract Drilling is rated fourth overall in return on equity category among its peers. It is rated fifth overall in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Independence Contract by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About Independence Contract Financial Statements
Independence Contract stakeholders use historical fundamental indicators, such as Independence Contract's revenue or net income, to determine how well the company is positioned to perform in the future. Although Independence Contract investors may analyze each financial statement separately, they are all interrelated. For example, changes in Independence Contract's assets and liabilities are reflected in the revenues and expenses on Independence Contract'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 Independence Contract Drilling. Please read more on our technical analysis and fundamental analysis pages.
Independence Contract Drilling, Inc. provides land-based contract drilling services for oil and natural gas producers in the United States. Independence Contract Drilling, Inc. was incorporated in 2011 and is headquartered in Houston, Texas. Independence Contract operates under Oil Gas Drilling classification in the United States and is traded on New York Stock Exchange. It employs 500 people.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Other Consideration for investing in Independence Stock
If you are still planning to invest in Independence Contract check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Independence Contract's history and understand the potential risks before investing.
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