Otto Financial Statements From 2010 to 2024
| OTTEF Stock | USD 0 0.01 71.82% |
Check Otto Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Otto Energy's main balance sheet or income statement drivers, such as , as well as many indicators such as . Otto financial statements analysis is a perfect complement when working with Otto Energy Valuation or Volatility modules.
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Otto Energy Limited Company Return On Equity Analysis
Otto Energy's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Otto Energy Return On Equity | 0.33 |
Most of Otto Energy's fundamental indicators, such as Return On Equity, 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, Otto Energy Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Otto Energy Limited has a Return On Equity of 0.3254. This is 116.43% lower than that of the Energy sector and 81.72% lower than that of the Oil & Gas E&P industry. The return on equity for all United States stocks is notably lower than that of the firm.
Otto Energy Limited Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Otto Energy's current stock value. Our valuation model uses many indicators to compare Otto Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Otto Energy competition to find correlations between indicators driving Otto Energy's intrinsic value. More Info.Otto Energy Limited is regarded second in return on equity category among its peers. It is considered to be number one stock in return on asset category among its peers reporting about 0.65 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Otto Energy Limited is roughly 1.53 . 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 Otto Energy's earnings, one of the primary drivers of an investment's value.About Otto Energy Financial Statements
Otto Energy stakeholders use historical fundamental indicators, such as Otto Energy's revenue or net income, to determine how well the company is positioned to perform in the future. Although Otto Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Otto Energy's assets and liabilities are reflected in the revenues and expenses on Otto 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 Otto Energy Limited. Please read more on our technical analysis and fundamental analysis pages.
Otto Energy Limited, together with its subsidiaries, operates as an oil and gas exploration and production company in North America. Otto Energy Limited was incorporated in 2004 and is based in Adelaide, Australia. OTTO ENERGY operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 10 people.
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Other Information on Investing in Otto Pink Sheet
Otto Energy financial ratios help investors to determine whether Otto 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 Otto with respect to the benefits of owning Otto Energy security.