LGX Financial Statements From 2010 to 2025
| ROAOFDelisted Stock | USD 0.0001 0.00 0.00% |
Check LGX Oil financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among LGX Oil's main balance sheet or income statement drivers, such as , as well as many indicators such as . LGX financial statements analysis is a perfect complement when working with LGX Oil Valuation or Volatility modules.
LGX |
LGX Oil Gas Company Return On Equity Analysis
LGX Oil'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 LGX Oil Return On Equity | -1.48 |
Most of LGX Oil'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, LGX Oil Gas 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.
CompetitionBased on the latest financial disclosure, LGX Oil Gas has a Return On Equity of -1.4818. This is 25.16% lower than that of the Oil, Gas & Consumable Fuels sector and 183.25% lower than that of the Energy industry. The return on equity for all United States stocks is notably higher than that of the company.
LGX Oil Gas Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining LGX Oil's current stock value. Our valuation model uses many indicators to compare LGX Oil value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across LGX Oil competition to find correlations between indicators driving LGX Oil's intrinsic value. More Info.LGX Oil Gas is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . 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 LGX Oil's earnings, one of the primary drivers of an investment's value.About LGX Oil Financial Statements
LGX Oil stakeholders use historical fundamental indicators, such as LGX Oil's revenue or net income, to determine how well the company is positioned to perform in the future. Although LGX Oil investors may analyze each financial statement separately, they are all interrelated. For example, changes in LGX Oil's assets and liabilities are reflected in the revenues and expenses on LGX 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 LGX Oil Gas. Please read more on our technical analysis and fundamental analysis pages.
LGX Oil Gas Inc., a junior oil and natural gas company, engages in the acquisition, exploration, development, and production of oil and natural gas reserves primarily in Western Canada. Its principal properties comprise the Manyberries property, Alberta Bakken properties, and Armada property located in southern Alberta. Lgx Oil operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 1 people.
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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Other Consideration for investing in LGX Pink Sheet
If you are still planning to invest in LGX Oil Gas check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the LGX Oil's history and understand the potential risks before investing.
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