88 Energy Financials
88E Stock | 0 0 50.00% |
Return On Equity (0.23) |
88E | Select Account or Indicator |
Understanding current and past 88 Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of 88 Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in 88 Energy's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in 88 Energy's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of 88 Energy. Check 88 Energy's Beneish M Score to see the likelihood of 88 Energy's management manipulating its earnings.
88 Energy Stock Summary
88 Energy competes with Autosports, Ras Technology, Diversified United, Navigator Global, and Macquarie Technology. 88 Energy is entity of Australia. It is traded as Stock on AU exchange.Foreign Associate | UK |
Specialization | Energy, Oil & Gas E&P |
Instrument | Australia Stock View All |
Exchange | Australian Securities Exchange |
ISIN | AU00000088E2 |
Business Address | 516 Hay Street, |
Sector | Oil, Gas & Consumable Fuels |
Industry | Energy |
Benchmark | Dow Jones Industrial |
Website | 88energy.com |
Phone | 61 8 9485 0990 |
You should never invest in 88 Energy without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of 88E Stock, because this is throwing your money away. Analyzing the key information contained in 88 Energy's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
88 Energy Key Financial Ratios
88 Energy's financial ratios allow both analysts and investors to convert raw data from 88 Energy's financial statements into concise, actionable information that can be used to evaluate the performance of 88 Energy over time and compare it to other companies across industries.Gross Profit | 2.5 K | ||||
EBITDA | (16.04 M) | ||||
Net Income | (14.44 M) | ||||
Total Asset | 156.53 M | ||||
Retained Earnings | (254.2 M) |
88 Energy Key Balance Sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 93.6M | 85.4M | 145.8M | 133.0M | 156.5M | 164.4M | |
Other Current Liab | 282.2K | 339.2K | 4.8M | 355.9K | 359.2K | 341.2K | |
Accounts Payable | 6.0M | 5.3M | 1.1M | 993.9K | 480.9K | 456.8K | |
Cash | 15.9M | 14.8M | 32.3M | 14.1M | 18.2M | 9.7M | |
Other Assets | 23.1M | (1.0) | 413.5K | 442.8K | 509.2K | 483.8K | |
Net Receivables | 1.1M | 5.1M | 935.9K | 1.5M | 4.0M | 4.2M | |
Inventory | (2.1M) | (1.1M) | (5.1M) | (1.5M) | (4.0M) | (3.8M) | |
Other Current Assets | 1.1M | 5.1M | 11.2M | 1.5M | 4.0M | 4.2M | |
Total Liab | 29.0M | 26.4M | 5.9M | 1.3M | 840.0K | 798.0K | |
Common Stock | 185.6M | 209.0M | 285.8M | 341.0M | 379.9M | 398.9M | |
Net Debt | 6.8M | 5.9M | (32.3M) | (14.1M) | (18.2M) | (17.3M) | |
Retained Earnings | (144.6M) | (166.6M) | (169.0M) | (239.8M) | (254.2M) | (241.5M) | |
Total Current Assets | 17.0M | 19.9M | 43.5M | 15.7M | 22.2M | 16.5M | |
Net Tangible Assets | 64.6M | 58.9M | 139.8M | 131.7M | 151.4M | 159.0M | |
Net Invested Capital | 87.3M | 79.7M | 139.8M | 131.7M | 155.7M | 123.9M | |
Net Working Capital | 10.7M | 14.3M | 37.5M | 14.3M | 21.3M | 16.4M | |
Capital Stock | 185.6M | 209.0M | 285.8M | 341.0M | 379.9M | 289.8M |
88 Energy Key Income Statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 3.1M | 2.6M | 1.2M | 8.6K | 8.5K | 8.1K | |
Total Revenue | 50.6K | 58.1K | 5.2K | 1.4K | 2.5K | 0.0 | |
Income Tax Expense | 3.0M | 2.6M | 1.2M | 64.8M | (1.7M) | (1.6M) | |
Cost Of Revenue | 58.1K | 93.4K | 84.4K | 60.3K | 64.2K | 61.0K | |
Income Before Tax | (36.8M) | (22.0M) | (2.4M) | (70.7M) | (16.1M) | (16.9M) | |
Net Income | (39.8M) | (24.6M) | (3.6M) | (135.6M) | (14.4M) | (15.2M) | |
Gross Profit | (2.0M) | (93.4K) | (84.4K) | (57.8K) | (64.2K) | (67.4K) | |
Operating Income | (33.7M) | (19.4M) | (1.2M) | (5.9M) | (16.0M) | (15.2M) | |
Ebit | (4.3M) | (19.4M) | (1.2M) | (74.0M) | (16.1M) | (16.9M) | |
Ebitda | (4.2M) | (24.0M) | 3.5M | (74.0M) | (16.0M) | (16.8M) | |
Interest Income | 3.2M | 5.2K | 893.4K | 3.8M | 500.9K | 475.9K | |
Net Interest Income | (3.1M) | (2.6M) | (1.2M) | 10.7K | 492.4K | 517.0K |
88 Energy Key Cash Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Capital Expenditures | 29.7M | 41.5M | 41.8M | 52.6M | 29.9M | 16.0M | |
Net Income | (36.8M) | (22.0M) | (2.4M) | (135.6M) | (14.4M) | (15.2M) | |
End Period Cash Flow | 15.9M | 14.8M | 32.3M | 14.1M | 18.2M | 13.5M | |
Change In Cash | (5.8M) | (1.1M) | 17.5M | (18.2M) | 4.1M | 4.3M | |
Free Cash Flow | (35.6M) | (46.6M) | (47.4M) | (188.2M) | (33.3M) | (34.9M) | |
Depreciation | 58.1K | 93.4K | 84.4K | 60.3K | 64.2K | 45.6K | |
Other Non Cash Items | 31.1M | 16.6M | (3.5M) | 135.6M | 7.9M | 14.2M | |
Investments | (5.9M) | (9.3M) | 3.1M | (57.8M) | (23.7M) | (24.9M) | |
Change To Netincome | 1.4M | 5.4M | (3.4M) | (3.0M) | (2.7M) | (2.6M) |
88E Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining 88 Energy's current stock value. Our valuation model uses many indicators to compare 88 Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across 88 Energy competition to find correlations between indicators driving 88 Energy's intrinsic value. More Info.88 Energy is number one stock in return on equity category among its peers. It also is number one 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 88 Energy's earnings, one of the primary drivers of an investment's value.88 Energy Systematic Risk
88 Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. 88 Energy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on 88 Energy correlated with the market. If Beta is less than 0 88 Energy generally moves in the opposite direction as compared to the market. If 88 Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one 88 Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of 88 Energy is generally in the same direction as the market. If Beta > 1 88 Energy moves generally in the same direction as, but more than the movement of the benchmark.
88 Energy Total Assets Over Time
88 Energy November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of 88 Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of 88 Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of 88 Energy based on widely used predictive technical indicators. In general, we focus on analyzing 88E Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build 88 Energy's daily price indicators and compare them against related drivers.
Downside Deviation | 31.06 | |||
Information Ratio | 0.0895 | |||
Maximum Drawdown | 133.33 | |||
Value At Risk | (33.33) | |||
Potential Upside | 50.0 |
Additional Tools for 88E Stock Analysis
When running 88 Energy's price analysis, check to measure 88 Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 88 Energy is operating at the current time. Most of 88 Energy's value examination focuses on studying past and present price action to predict the probability of 88 Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 88 Energy's price. Additionally, you may evaluate how the addition of 88 Energy to your portfolios can decrease your overall portfolio volatility.