Imperial Net Debt from 2010 to 2024
| IMPP Stock | USD 3.29 0.08 2.37% |
Net Debt | First Reported 1999-09-30 | Previous Quarter -91.9 M | Current Value -69.6 M | Quarterly Volatility 23.5 M |
Check Imperial Petroleum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Imperial Petroleum's main balance sheet or income statement drivers, such as Depreciation And Amortization of 16.4 M, Interest Expense of 1.1 M or Total Revenue of 192.9 M, as well as many indicators such as Price To Sales Ratio of 0.25, Dividend Yield of 0.0412 or PTB Ratio of 0.13. Imperial financial statements analysis is a perfect complement when working with Imperial Petroleum Valuation or Volatility modules.
Imperial | Net Debt |
Latest Imperial Petroleum's Net Debt Growth Pattern
Below is the plot of the Net Debt of Imperial Petroleum over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. Imperial Petroleum's Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Imperial Petroleum's overall financial position and show how it may be relating to other accounts over time.
| Net Debt | 10 Years Trend |
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Net Debt |
| Timeline |
Imperial Net Debt Regression Statistics
| Arithmetic Mean | (13,268,818) | |
| Coefficient Of Variation | (248.63) | |
| Mean Deviation | 20,362,802 | |
| Median | (8,802,847) | |
| Standard Deviation | 32,990,273 | |
| Sample Variance | 1088.4T | |
| Range | 116.4M | |
| R-Value | (0.47) | |
| Mean Square Error | 916.1T | |
| R-Squared | 0.22 | |
| Significance | 0.08 | |
| Slope | (3,447,487) | |
| Total Sum of Squares | 15237T |
Imperial Net Debt History
Other Fundumenentals of Imperial Petroleum
Imperial Petroleum Net Debt component correlations
Click cells to compare fundamentals
About Imperial Petroleum Financial Statements
Imperial Petroleum shareholders use historical fundamental indicators, such as Net Debt, to determine how well the company is positioned to perform in the future. Although Imperial Petroleum investors may analyze each financial statement separately, they are all interrelated. The changes in Imperial Petroleum's assets and liabilities, for example, are also reflected in the revenues and expenses on on Imperial Petroleum's 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 | ||
| Net Debt | -91.9 M | -87.3 M | |
| Net Debt To EBITDA | (1.04) | (1.09) |
Pair Trading with Imperial Petroleum
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 Imperial Petroleum 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 Imperial Petroleum will appreciate offsetting losses from the drop in the long position's value.Moving against Imperial Stock
| 0.89 | DTM | DT Midstream | PairCorr |
| 0.88 | KMI | Kinder Morgan Fiscal Year End 15th of January 2025 | PairCorr |
| 0.86 | EE | Excelerate Energy | PairCorr |
| 0.81 | VNOM | Viper Energy Ut | PairCorr |
| 0.8 | OKE | ONEOK Inc | PairCorr |
The ability to find closely correlated positions to Imperial Petroleum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Imperial Petroleum 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 Imperial Petroleum - 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 Imperial Petroleum to buy it.
The correlation of Imperial Petroleum 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 Imperial Petroleum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Imperial Petroleum 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 Imperial Petroleum 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 Imperial Stock Analysis
When running Imperial Petroleum's price analysis, check to measure Imperial 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 Imperial Petroleum is operating at the current time. Most of Imperial Petroleum's value examination focuses on studying past and present price action to predict the probability of Imperial 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 Imperial Petroleum's price. Additionally, you may evaluate how the addition of Imperial Petroleum to your portfolios can decrease your overall portfolio volatility.