Gear Energy Financials

GXE Stock  CAD 0.53  0.01  1.85%   
We strongly advise to harness Gear Energy analysis to find out if markets are presently mispricing the company. We were able to analyze and collect data for thirty-eight available reported financial drivers for Gear Energy, which can be compared to its competitors. The stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Gear Energy to be traded at C$0.5141 in 90 days. Key indicators impacting Gear Energy's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.08490.0894
Notably Down
Slightly volatile
Current Ratio0.621.0358
Way Down
Slightly volatile
  
Understanding current and past Gear Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Gear Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in Gear Energy's assets may result in an increase in income on the income statement.

Gear Energy Stock Summary

Gear Energy competes with Yangarra Resources, IShares Canadian, Altagas Cum, European Residential, and RBC Discount. Gear Energy Ltd., an exploration and production company, acquires, develops, and holds interests in petroleum and natural gas properties and assets in Canada. Its oil-focused operations are located in three core areas, including Lloydminster heavy oil, Central Alberta lightmedium oil, and Southeast Saskatchewan light oil. GEAR ENERGY operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 33 people.
Specialization
Energy, Oil & Gas E&P
InstrumentCanada Stock View All
ExchangeToronto Exchange
ISINCA36830P1045
Business Address205 5th Avenue
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkDow Jones Industrial
Websitewww.gearenergy.com
Phone403 538 8435
CurrencyCAD - Canadian Dollar
You should never invest in Gear Energy without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Gear Stock, because this is throwing your money away. Analyzing the key information contained in Gear Energy's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Gear Energy Key Financial Ratios

Gear Energy's financial ratios allow both analysts and investors to convert raw data from Gear Energy's financial statements into concise, actionable information that can be used to evaluate the performance of Gear Energy over time and compare it to other companies across industries.

Gear Energy Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets361.4M262.3M318.8M349.4M338.8M326.2M
Other Current Liab19.3M9.0M9.9M6.9M6.3M10.9M
Net Debt77.0M68.6M26.4M7.1M21.2M20.1M
Retained Earnings(173.8M)(251.1M)(170.6M)(114.2M)(130.5M)(137.0M)
Net Receivables11.3M8.5M12.4M12.7M12.4M11.0M
Inventory6.5M5.6M6.6M8.2M6.8M6.5M
Other Current Assets3.2M8.2M3.2M4.4M2.7M5.2M
Total Liab179.1M157.3M119.7M97.8M102.1M148.1M
Total Current Assets21.1M17.3M22.2M25.3M21.9M22.7M
Common Stock335.5M333.7M350.3M348.0M348.9M308.2M
Accounts Payable13.3M6.3M11.7M19.3M14.8M14.2M
Other Liab82.9M84.8M71.7M64.5M74.1M78.6M
Net Tangible Assets182.3M104.9M199.0M251.6M289.4M178.5M
Other Assets23.3M0.032.9M41.1M47.3M25.1M
Long Term Debt64.3M58.6M26.4M7.1M21.2M33.5M
Long Term Debt Total64.3M58.6M26.4M7.1M6.4M6.1M
Capital Surpluse18.1M19.8M19.3M17.8M20.5M18.2M
Net Invested Capital259.2M163.5M225.4M258.7M257.9M259.7M
Net Working Capital(10.9M)3.3M587K(971K)756K569.4K
Capital Stock335.5M333.7M350.3M348.0M348.9M376.6M

Gear Energy Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense6.4M5.5M4.4M3.3M4.5M4.2M
Total Revenue132.0M65.1M129.0M187.3M148.7M119.3M
Gross Profit67.1M25.8M79.5M125.0M86.9M62.5M
Operating Income15.3M(12.9M)33.3M65.0M23.3M12.0M
Ebit13.6M(14.0M)31.8M62.7M21.1M11.3M
Ebitda65.6M19.6M68.7M102.3M66.3M52.4M
Cost Of Revenue64.9M39.3M49.6M62.3M61.8M56.8M
Income Before Tax(2.4M)(54.0M)47.6M66.7M20.1M21.1M
Net Income(5.7M)(77.3M)80.5M75.0M8.6M9.0M
Income Tax Expense3.3M23.3M(32.9M)(8.2M)11.5M12.1M
Tax Provision3.3M23.3M(32.9M)(8.2M)11.5M12.1M
Net Interest Income(4.2M)(3.9M)(4.4M)(3.3M)(4.5M)(4.7M)

Gear Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Gear Energy's current stock value. Our valuation model uses many indicators to compare Gear Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Gear Energy competition to find correlations between indicators driving Gear Energy's intrinsic value. More Info.
Gear Energy is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about  0.95  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Gear Energy is roughly  1.05 . At this time, Gear Energy's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Gear Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Gear Energy's Stock. 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.

Gear Energy Systematic Risk

Gear Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Gear 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.
Execute Function
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 Gear Energy correlated with the market. If Beta is less than 0 Gear Energy generally moves in the opposite direction as compared to the market. If Gear Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Gear Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Gear Energy is generally in the same direction as the market. If Beta > 1 Gear Energy moves generally in the same direction as, but more than the movement of the benchmark.

Gear Energy Total Assets Over Time

Today, most investors in Gear Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Gear Energy's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Gear Energy growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.23)

At this time, Gear Energy's Price Earnings To Growth Ratio is very stable compared to the past year.

Gear Energy November 27, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Gear Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Gear Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Gear Energy based on widely used predictive technical indicators. In general, we focus on analyzing Gear Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Gear Energy's daily price indicators and compare them against related drivers.

Other Information on Investing in Gear Stock

Gear Energy financial ratios help investors to determine whether Gear Stock 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 Gear with respect to the benefits of owning Gear Energy security.