Petrotech Income Quality from 2010 to 2026
Petrotech Oil's Income Quality is decreasing over the last several years with slightly volatile swings. Income Quality is predicted to flatten to 0.03. Income Quality is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. View All Fundamentals
Check out the analysis of Petrotech Oil Correlation against competitors.
Income Quality | First Reported 2010-12-31 | Previous Quarter 0.0301 | Current Value 0.0286 | Quarterly Volatility 0.49384957 |
Check Petrotech Oil financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Petrotech Oil's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Selling General Administrative of 119.4 K or Total Revenue of 4.3 K, as well as many indicators such as Price To Sales Ratio of 0.0379, Dividend Yield of 0.0 or Days Sales Outstanding of 640. Petrotech financial statements analysis is a perfect complement when working with Petrotech Oil Valuation or Volatility modules.
Petrotech | Income Quality | Build AI portfolio with Petrotech Stock |
Latest Petrotech Oil's Income Quality Growth Pattern
Below is the plot of the Income Quality of Petrotech Oil Gas over the last few years. It is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. Petrotech Oil's Income Quality historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Petrotech Oil's overall financial position and show how it may be relating to other accounts over time.
| Income Quality | 10 Years Trend |
|
Income Quality |
| Timeline |
Petrotech Income Quality Regression Statistics
| Arithmetic Mean | 0.19 | |
| Geometric Mean | 0.05 | |
| Coefficient Of Variation | 259.46 | |
| Mean Deviation | 0.28 | |
| Median | 0.03 | |
| Standard Deviation | 0.49 | |
| Sample Variance | 0.24 | |
| Range | 1.9428 | |
| R-Value | (0.53) | |
| Mean Square Error | 0.19 | |
| R-Squared | 0.29 | |
| Significance | 0.03 | |
| Slope | (0.05) | |
| Total Sum of Squares | 3.90 |
Petrotech Income Quality History
About Petrotech Oil Financial Statements
Petrotech Oil stakeholders use historical fundamental indicators, such as Petrotech Oil's Income Quality, to determine how well the company is positioned to perform in the future. Although Petrotech Oil investors may analyze each financial statement separately, they are all interrelated. For example, changes in Petrotech Oil's assets and liabilities are reflected in the revenues and expenses on Petrotech Oil'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 Petrotech Oil Gas. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Income Quality | 0.03 | 0.03 |
Currently Active Assets on Macroaxis
When determining whether Petrotech Oil Gas is a strong investment it is important to analyze Petrotech Oil's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Petrotech Oil's future performance. For an informed investment choice regarding Petrotech Stock, refer to the following important reports:Check out the analysis of Petrotech Oil Correlation against competitors. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Petrotech Oil. If investors know Petrotech will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Petrotech Oil listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Petrotech Oil Gas is measured differently than its book value, which is the value of Petrotech that is recorded on the company's balance sheet. Investors also form their own opinion of Petrotech Oil's value that differs from its market value or its book value, called intrinsic value, which is Petrotech Oil's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Petrotech Oil's market value can be influenced by many factors that don't directly affect Petrotech Oil's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Petrotech Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Petrotech Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Petrotech Oil's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.