Birchcliff Energy Stock Current Liabilities
BIR Stock | CAD 5.71 0.24 4.03% |
Birchcliff Energy fundamentals help investors to digest information that contributes to Birchcliff Energy's financial success or failures. It also enables traders to predict the movement of Birchcliff Stock. The fundamental analysis module provides a way to measure Birchcliff Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Birchcliff Energy stock.
As of the 1st of February 2025, Total Current Liabilities is likely to drop to about 83 M. In addition to that, Non Current Liabilities Total is likely to drop to about 541.7 M. Birchcliff | Current Liabilities |
Birchcliff Energy Company Current Liabilities Analysis
Birchcliff Energy's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Current Birchcliff Energy Current Liabilities | 47.58 M |
Most of Birchcliff Energy's fundamental indicators, such as Current Liabilities, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Birchcliff Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Birchcliff Current Liabilities Driver Correlations
Understanding the fundamental principles of building solid financial models for Birchcliff Energy is extremely important. It helps to project a fair market value of Birchcliff Stock properly, considering its historical fundamentals such as Current Liabilities. Since Birchcliff Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Birchcliff Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Birchcliff Energy's interrelated accounts and indicators.
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Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
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Birchcliff Total Current Liabilities
Total Current Liabilities |
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In accordance with the recently published financial statements, Birchcliff Energy has a Current Liabilities of 47.58 M. This is 99.36% lower than that of the Oil, Gas & Consumable Fuels sector and 97.93% lower than that of the Energy industry. The current liabilities for all Canada stocks is 99.4% higher than that of the company.
Birchcliff Current Liabilities Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Birchcliff Energy's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Birchcliff Energy could also be used in its relative valuation, which is a method of valuing Birchcliff Energy by comparing valuation metrics of similar companies.Birchcliff Energy is currently under evaluation in current liabilities category among its peers.
Birchcliff Fundamentals
Return On Equity | 0.0181 | |||
Return On Asset | 0.0182 | |||
Profit Margin | 0.06 % | |||
Operating Margin | 0.45 % | |||
Current Valuation | 2.19 B | |||
Shares Outstanding | 271.5 M | |||
Shares Owned By Insiders | 1.55 % | |||
Shares Owned By Institutions | 16.73 % | |||
Number Of Shares Shorted | 11.89 M | |||
Price To Earning | 13.25 X | |||
Price To Book | 0.73 X | |||
Price To Sales | 2.46 X | |||
Revenue | 700.62 M | |||
Gross Profit | 356.4 M | |||
EBITDA | 268.7 M | |||
Net Income | 9.78 M | |||
Cash And Equivalents | 60 K | |||
Total Debt | 384.71 M | |||
Debt To Equity | 0.51 % | |||
Current Ratio | 0.27 X | |||
Book Value Per Share | 8.33 X | |||
Cash Flow From Operations | 320.53 M | |||
Short Ratio | 11.20 X | |||
Earnings Per Share | 0.06 X | |||
Price To Earnings To Growth | (0.44) X | |||
Target Price | 7.18 | |||
Number Of Employees | 218 | |||
Beta | 1.92 | |||
Market Capitalization | 1.62 B | |||
Total Asset | 3.18 B | |||
Retained Earnings | 691.59 M | |||
Working Capital | (10.52 M) | |||
Current Asset | 26.05 M | |||
Current Liabilities | 47.58 M | |||
Annual Yield | 0.08 % | |||
Net Asset | 3.18 B |
About Birchcliff Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Birchcliff Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Birchcliff Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Birchcliff Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Birchcliff Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Birchcliff Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Birchcliff Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Birchcliff Stock
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Moving against Birchcliff Stock
The ability to find closely correlated positions to Birchcliff Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Birchcliff Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Birchcliff Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Birchcliff Energy to buy it.
The correlation of Birchcliff Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Birchcliff Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Birchcliff Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Birchcliff Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Birchcliff Stock
Birchcliff Energy financial ratios help investors to determine whether Birchcliff 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 Birchcliff with respect to the benefits of owning Birchcliff Energy security.