Bakken Energy Corp Stock Total Debt
| BKEN Stock | USD 0.0001 0.00 0.00% |
Bakken Energy Corp fundamentals help investors to digest information that contributes to Bakken Energy's financial success or failures. It also enables traders to predict the movement of Bakken Stock. The fundamental analysis module provides a way to measure Bakken 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 Bakken Energy stock.
As of the 28th of November 2024, Total Debt To Capitalization is likely to drop to -3.47. Bakken | Total Debt |
Bakken Energy Corp Company Total Debt Analysis
Bakken Energy's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current Bakken Energy Total Debt | 1.64 M |
Most of Bakken Energy's fundamental indicators, such as Total Debt, 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, Bakken Energy Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Bakken Total Debt Driver Correlations
Understanding the fundamental principles of building solid financial models for Bakken Energy is extremely important. It helps to project a fair market value of Bakken Stock properly, considering its historical fundamentals such as Total Debt. Since Bakken 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 Bakken 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 Bakken Energy's interrelated accounts and indicators.
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In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
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Bakken Short Long Term Debt
Short Long Term Debt |
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Based on the latest financial disclosure, Bakken Energy Corp has a Total Debt of 1.64 M. This is 99.99% lower than that of the Oil, Gas & Consumable Fuels sector and 99.94% lower than that of the Energy industry. The total debt for all United States stocks is 99.97% higher than that of the company.
Bakken Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bakken Energy's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Bakken Energy could also be used in its relative valuation, which is a method of valuing Bakken Energy by comparing valuation metrics of similar companies.Bakken Energy is currently under evaluation in total debt category among its peers.
Bakken Fundamentals
| Return On Asset | -0.98 | ||||
| Current Valuation | 2.12 M | ||||
| Shares Outstanding | 547.44 M | ||||
| Price To Sales | 8,128 X | ||||
| Net Income | (246.59 K) | ||||
| Cash And Equivalents | 200 | ||||
| Total Debt | 1.64 M | ||||
| Book Value Per Share | (0) X | ||||
| Cash Flow From Operations | (12.66 K) | ||||
| Beta | -1.57 | ||||
| Market Capitalization | 383.21 K | ||||
| Total Asset | 10.2 K | ||||
| Retained Earnings | (3.93 M) | ||||
| Working Capital | (2.23 M) | ||||
| Current Liabilities | 2.23 M | ||||
| Net Asset | 10.2 K |
About Bakken Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bakken Energy Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bakken Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bakken Energy Corp 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 Bakken 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 Bakken 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 Bakken Energy will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Bakken 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 Bakken 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 Bakken 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 Bakken Energy Corp to buy it.
The correlation of Bakken 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 Bakken Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bakken Energy Corp 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 Bakken 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.Check out Bakken Energy Piotroski F Score and Bakken Energy Altman Z Score analysis. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bakken Energy. If investors know Bakken will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bakken Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets (0.98) |
The market value of Bakken Energy Corp is measured differently than its book value, which is the value of Bakken that is recorded on the company's balance sheet. Investors also form their own opinion of Bakken Energy's value that differs from its market value or its book value, called intrinsic value, which is Bakken Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bakken Energy's market value can be influenced by many factors that don't directly affect Bakken Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bakken Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bakken Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bakken Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.