Journey Financial Statements From 2010 to 2024
| JRNGF Stock | USD 1.48 0.05 3.27% |
Check Journey Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Journey Energy's main balance sheet or income statement drivers, such as , as well as many indicators such as . Journey financial statements analysis is a perfect complement when working with Journey Energy Valuation or Volatility modules.
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Journey Energy OTC Stock Return On Asset Analysis
Journey Energy's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Journey Energy Return On Asset | 0.11 |
Most of Journey Energy's fundamental indicators, such as Return On Asset, 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, Journey Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, Journey Energy has a Return On Asset of 0.113. This is 182.5% higher than that of the Oil, Gas & Consumable Fuels sector and 101.55% lower than that of the Energy industry. The return on asset for all United States stocks is 180.71% lower than that of the firm.
Journey Energy Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Journey Energy's current stock value. Our valuation model uses many indicators to compare Journey Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Journey Energy competition to find correlations between indicators driving Journey Energy's intrinsic value. More Info.Journey Energy is rated fourth overall in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.22 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Journey Energy is roughly 4.52 . 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 Journey Energy's earnings, one of the primary drivers of an investment's value.About Journey Energy Financial Statements
Journey Energy stakeholders use historical fundamental indicators, such as Journey Energy's revenue or net income, to determine how well the company is positioned to perform in the future. Although Journey Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Journey Energy's assets and liabilities are reflected in the revenues and expenses on Journey 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 Journey Energy. Please read more on our technical analysis and fundamental analysis pages.
Journey Energy Inc. engages in the exploration, development, and production of crude oil and natural gas in the province of Alberta, Canada. Journey Energy Inc. was founded in 2007 and is headquartered in Calgary, Canada. Journeyenergyinc operates under Oil Gas EP classification in the United States and is traded on OTC Exchange.
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Other Information on Investing in Journey OTC Stock
Journey Energy financial ratios help investors to determine whether Journey OTC Stock 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 Journey with respect to the benefits of owning Journey Energy security.