JEV Stock | | | CAD 0.12 0.01 7.69% |
CEO
Brian Williamson is President CEO of Jericho Oil Corp
Address | 1055 W. Georgia Street, Vancouver, BC, Canada, V6E 3P3 |
Phone | 604 343 4534 |
Web | https://jerichoenergyventures.com |
Jericho Oil Management Efficiency
The company has return on total asset
(ROA) of
(0.1468) % which means that it has lost $0.1468 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
(0.5047) %, meaning that it generated substantial loss on money invested by shareholders. Jericho Oil's management efficiency ratios could be used to measure how well Jericho Oil manages its routine affairs as well as how well it operates its assets and liabilities.
Return On Tangible Assets is likely to drop to -0.58 in 2024.
Return On Capital Employed is likely to drop to -0.39 in 2024. At this time, Jericho Oil's
Net Tangible Assets are fairly stable compared to the past year.
Total Assets is likely to climb to about 24
M in 2024, whereas
Return On Tangible Assets are likely to drop
(0.58) in 2024.
Jericho Oil Corp has accumulated 30.24
K in total debt with debt to equity ratio
(D/E) of 0.17, which may suggest the company is not taking enough advantage from borrowing. Jericho Oil Corp has a current ratio of 1.42, which is within standard range for the sector. Debt can assist Jericho Oil until it has trouble settling it off, either with new capital or with free cash flow. So, Jericho Oil'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 Jericho Oil Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Jericho to invest in growth at high rates of return. When we think about Jericho Oil's use of debt, we should always consider it together with cash and equity.
Similar Executives
Jericho Energy Ventures Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and production of oil and natural gas fields in the United States. Jericho Energy Ventures Inc. was incorporated in 2010 and is headquartered in Vancouver, Canada. JERICHO ENERGY is traded on Commodity Exchange in Exotistan. Jericho Oil Corp (JEV) is traded on TSX Venture Exchange in Canada and employs 8 people. Jericho Oil is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.
Management Performance
Jericho Oil Corp Leadership Team
Elected by the shareholders, the Jericho Oil's board of directors comprises two types of representatives: Jericho Oil inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Jericho. The board's role is to monitor Jericho Oil's management team and ensure that shareholders' interests are well served. Jericho Oil'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, Jericho Oil's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jericho Stock Performance Indicators
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Additional Tools for Jericho Stock Analysis
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