Touchstone Exploration Financials

TXP Stock  CAD 0.53  0.02  3.64%   
We advise to exercise Touchstone Exploration analysis to find out if markets are presently mispricing the firm. We were able to interpolate data for thirty-five available drivers for Touchstone Exploration, which can be compared to its competition. The stock experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of Touchstone Exploration to be traded at C$0.5088 in 90 days. Key indicators impacting Touchstone Exploration's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.410.4681
Fairly Down
Slightly volatile
Current Ratio1.220.7486
Way Up
Slightly volatile
  
Understanding current and past Touchstone Exploration Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Touchstone Exploration's financial statements are interrelated, with each one affecting the others. For example, an increase in Touchstone Exploration's assets may result in an increase in income on the income statement.

Touchstone Exploration Stock Summary

Touchstone Exploration competes with Headwater Exploration, Gear Energy, Canacol Energy, InPlay Oil, and Gran Tierra. Touchstone Exploration Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and production of crude oil and natural gas properties in the Republic of Trinidad and Tobago. Touchstone Exploration Inc. is headquartered in Calgary, Canada. TOUCHSTONE EXPLORATION operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 91 people.
Foreign Associate
  UK
Specialization
Energy, Oil & Gas E&P
InstrumentCanada Stock View All
ExchangeToronto Exchange
ISINCA89156L1085
Business Address350-7th Avenue SW,
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkDow Jones Industrial
Websitewww.touchstoneexploration.com
Phone403 750 4400
CurrencyCAD - Canadian Dollar
You should never invest in Touchstone Exploration without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Touchstone Stock, because this is throwing your money away. Analyzing the key information contained in Touchstone Exploration's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Touchstone Exploration Key Financial Ratios

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

Touchstone Exploration Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets85.0M104.6M143.0M147.9M138.9M132.0M
Net Debt8.9M(16.8M)14.2M12M22.7M21.5M
Retained Earnings(19.1M)(30.2M)(24.4M)(27.6M)(48.2M)(45.8M)
Accounts Payable12.1M16.2M15.1M10.8M13.4M12.7M
Cash6.2M24.3M17.9M16.3M8.2M7.8M
Total Liab54.9M44.2M75.5M69.5M79.2M75.2M
Total Current Assets14.1M29.3M27.9M26.4M22.6M21.4M
Other Current Liab1.6M210K2.6M2.7M2.1M2.0M
Other Assets1.6M1.5M3.1M2.5M2.9M3.0M
Net Receivables3.1M4.7M2.0M3.3M7.8M7.4M
Inventory71K92K143K129K91K86.5K
Other Current Assets4.8M254K7.8M6.7M6.5M6.2M
Common Stock61.5M101.4M101.8M114.6M115.0M79.5M
Other Liab25.6M20.3M25.4M25.7M29.6M25.5M
Net Tangible Assets30.1M60.4M67.6M78.4M70.5M43.5M
Long Term Debt14.0M7.2M26.9M21.0M15.0M14.9M
Capital Surpluse2.3M2.5M3.5M4.9M5.6M2.8M
Long Term Debt Total14.1M7.5M29.2M22.3M25.7M16.5M

Touchstone Exploration Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense1.4M1.4M860K2.6M2.5M2.4M
Total Revenue38.7M19.6M29.6M43.0M48.2M45.8M
Gross Profit22.5M10.6M16.9M24.0M30.0M28.5M
Operating Income7.6M(4.2M)1.9M4.7M(49.2M)(46.7M)
Ebitda12.8M(680K)5.3M8.3M(4.2M)(4.0M)
Net Income(5.6M)(11.0M)5.7M(3.2M)(20.6M)(19.6M)
Income Tax Expense3.6M(6.0M)8.8M4.6M7.9M8.3M
Ebit7.6M(4.2M)1.9M4.0M(10.2M)(9.7M)
Cost Of Revenue16.2M9.0M12.7M19.0M18.2M17.3M
Income Before Tax(2.1M)(17.0M)14.5M1.5M(12.7M)(12.1M)
Tax Provision3.6M(6.0M)8.8M4.6M7.9M8.3M
Interest Income1.5M1.6M1.0M2.2M101K96.0K
Net Interest Income56K(3.4M)(1.2M)(2.8M)(2.2M)(2.3M)

Touchstone Exploration Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash2.6M18.1M(6.3M)(1.6M)(8.1M)(7.7M)
Free Cash Flow(6.0M)(16.3M)(26.3M)(5.6M)(6.2M)(6.5M)
Capital Expenditures11.5M18.6M27.9M11.3M18.9M18.0M
Net Income(5.6M)(11.0M)5.7M(3.2M)(20.6M)(19.6M)
End Period Cash Flow6.2M24.3M17.9M16.3M8.2M7.8M
Other Non Cash Items487K2.4M605K1.1M(98K)(93.1K)
Depreciation13.4M14.9M(10.6M)4.3M26.4M25.1M
Investments(10.2M)(15.6M)(29.4M)(16.5M)(21.1M)(20.1M)
Net Borrowings3.0M(8.0M)21.7M(3.8M)(4.3M)(4.1M)
Change To Netincome(1.2M)6.7M(5.4M)2.0M1.8M1.5M

Touchstone Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Touchstone Exploration's current stock value. Our valuation model uses many indicators to compare Touchstone Exploration value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Touchstone Exploration competition to find correlations between indicators driving Touchstone Exploration's intrinsic value. More Info.
Touchstone Exploration is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At this time, Touchstone Exploration'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 Touchstone Exploration by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Touchstone Exploration'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.

Touchstone Exploration Systematic Risk

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

Touchstone Exploration Total Assets Over Time

Today, most investors in Touchstone Exploration Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Touchstone Exploration'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 Touchstone Exploration growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0128)

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

Touchstone Exploration December 1, 2024 Opportunity Range

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

Other Information on Investing in Touchstone Stock

Touchstone Exploration financial ratios help investors to determine whether Touchstone 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 Touchstone with respect to the benefits of owning Touchstone Exploration security.