Kodiak Financial Statements From 2010 to 2024
Kodiak Energy financial statements provide useful quarterly and yearly information to potential Kodiak Energy 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 Kodiak Energy financial statements helps investors assess Kodiak Energy's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Kodiak Energy's valuation are summarized below:Kodiak Energy does not presently have any fundamental ratios for analysis.
This module can also supplement various Kodiak Energy Technical models . Check out the analysis of Kodiak Energy Correlation against competitors.
Check Kodiak Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kodiak Energy's main balance sheet or income statement drivers, such as , as well as many indicators such as . Kodiak financial statements analysis is a perfect complement when working with Kodiak Energy Valuation or Volatility modules.
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Kodiak Energy Company Return On Asset Analysis
Kodiak 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 Kodiak Energy Return On Asset | -0.0137 |
Most of Kodiak 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, Kodiak 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, Kodiak Energy has a Return On Asset of -0.0137. This is 134.25% lower than that of the Energy sector and 99.81% lower than that of the Oil & Gas E&P industry. The return on asset for all United States stocks is 90.21% lower than that of the firm.
Kodiak Energy Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Kodiak Energy's current stock value. Our valuation model uses many indicators to compare Kodiak Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Kodiak Energy competition to find correlations between indicators driving Kodiak Energy's intrinsic value. More Info.Kodiak Energy is currently regarded as number one stock in return on equity category among its peers. It also is currently regarded as number one stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Kodiak Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Kodiak Energy's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Kodiak Energy Financial Statements
Kodiak Energy investors utilize fundamental indicators, such as revenue or net income, to predict how Kodiak Pink Sheet might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Kodiak Energy Inc., together with its subsidiaries, explores for, develops, produces, and sells oil and natural gas in the United States and Canada. Kodiak Energy, Inc. was incorporated in 1999 and is headquartered in Calgary, Canada. KODIAK ENERGY operates under Oil Gas EP classification in the United States and is traded on PNK Exchange. It employs 8 people.
Pair Trading with Kodiak Energy
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 Kodiak Energy 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 Kodiak Energy will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Kodiak Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kodiak Energy 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 Kodiak Energy - 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 Kodiak Energy to buy it.
The correlation of Kodiak Energy 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 Kodiak Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kodiak Energy 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 Kodiak Energy 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.Other Information on Investing in Kodiak Pink Sheet
Kodiak Energy financial ratios help investors to determine whether Kodiak Pink Sheet 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 Kodiak with respect to the benefits of owning Kodiak Energy security.