| GASX Stock | | | CAD 1.03 0.03 3.00% |
CEO
Brian PaesBraga is CEO Board of Ngx Energy International
| Address | 5940 MacLeod Trail SW, Calgary, AB, Canada, T2H 2G4 |
| Phone | 604 404 4335 |
| Web | https://ngenergyintl.com |
Ngx Energy Management Efficiency
The company has return on total asset
(ROA) of
(0.0177) % which means that it has lost $0.0177 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
(2.6306) %, meaning that it generated substantial loss on money invested by shareholders. Ngx Energy's management efficiency ratios could be used to measure how well Ngx Energy manages its routine affairs as well as how well it operates its assets and liabilities.
Return On Tangible Assets is likely to drop to -0.16 in 2024.
Return On Capital Employed is likely to drop to -0.02 in 2024.
Non Current Assets Total is likely to climb to about 104.2
M in 2024, whereas
Total Assets are likely to drop slightly above 61.5
M in 2024.
Ngx Energy International has accumulated 1
M in total debt with debt to equity ratio
(D/E) of 1.16, which is about average as compared to similar companies. Ngx Energy International has a current ratio of 1.97, which is within standard range for the sector. Debt can assist Ngx Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Ngx Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ngx Energy International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ngx to invest in growth at high rates of return. When we think about Ngx Energy's use of debt, we should always consider it together with cash and equity.
Similar Executives
NG Energy International Corp., an oil and gas company, engages in the exploration and development activities in Colombia. NG Energy International Corp. is headquartered in Vancouver, Canada. NG ENERGY operates under Oil Gas EP classification in Exotistan and is traded on Commodity Exchange. Ngx Energy International (GASX) is traded on TSX Venture Exchange in Canada and employs 27 people. Ngx Energy is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.
Management Performance
Ngx Energy International Leadership Team
Elected by the shareholders, the Ngx Energy's board of directors comprises two types of representatives: Ngx Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ngx. The board's role is to monitor Ngx Energy's management team and ensure that shareholders' interests are well served. Ngx Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ngx Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ngx Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ngx Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
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Additional Tools for Ngx Stock Analysis
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