Eco Atlantic Oil Stock Fundamentals
| EOG Stock | CAD 0.18 0.01 5.26% |
Eco Atlantic Oil fundamentals help investors to digest information that contributes to Eco Atlantic's financial success or failures. It also enables traders to predict the movement of Eco Stock. The fundamental analysis module provides a way to measure Eco Atlantic'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 Eco Atlantic stock.
At this time, Eco Atlantic's Interest Expense is fairly stable compared to the past year. Gross Profit is likely to climb to 1,793 in 2024, whereas Operating Income is likely to drop (5.1 M) in 2024. Eco | Select Account or Indicator |
Eco Atlantic Oil Company Shares Outstanding Analysis
Eco Atlantic's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Eco Atlantic Shares Outstanding | 370.17 M |
Most of Eco Atlantic's fundamental indicators, such as Shares Outstanding, 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, Eco Atlantic Oil is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Eco Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for Eco Atlantic is extremely important. It helps to project a fair market value of Eco Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Eco Atlantic'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 Eco Atlantic'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 Eco Atlantic's interrelated accounts and indicators.
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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Eco Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, Eco Atlantic Oil has 370.17 M of shares currently outstending. This is 79.59% lower than that of the Oil, Gas & Consumable Fuels sector and 56.02% lower than that of the Energy industry. The shares outstanding for all Canada stocks is 35.26% higher than that of the company.
Eco Atlantic Oil Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Eco Atlantic's current stock value. Our valuation model uses many indicators to compare Eco Atlantic value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Eco Atlantic competition to find correlations between indicators driving Eco Atlantic's intrinsic value. More Info.Eco Atlantic Oil is rated # 3 in return on equity category among its peers. It also is rated # 3 in return on asset category among its peers . At this time, Eco Atlantic's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Eco Atlantic's earnings, one of the primary drivers of an investment's value.Eco Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eco Atlantic's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Eco Atlantic could also be used in its relative valuation, which is a method of valuing Eco Atlantic by comparing valuation metrics of similar companies.Eco Atlantic is currently under evaluation in shares outstanding category among its peers.
Eco Fundamentals
| Return On Equity | -0.55 | ||||
| Return On Asset | -0.076 | ||||
| Current Valuation | 64.95 M | ||||
| Shares Outstanding | 370.17 M | ||||
| Shares Owned By Insiders | 30.80 % | ||||
| Shares Owned By Institutions | 7.05 % | ||||
| Number Of Shares Shorted | 12.55 K | ||||
| Price To Earning | 74.62 X | ||||
| Price To Book | 1.65 X | ||||
| Price To Sales | 14,609 X | ||||
| Revenue | 1.71 K | ||||
| Gross Profit | (1.93 M) | ||||
| EBITDA | 11.98 M | ||||
| Net Income | (21.14 M) | ||||
| Cash And Equivalents | 25.01 M | ||||
| Cash Per Share | 0.13 X | ||||
| Total Debt | 1.25 M | ||||
| Current Ratio | 16.24 X | ||||
| Book Value Per Share | 0.08 X | ||||
| Cash Flow From Operations | (5.33 M) | ||||
| Short Ratio | 0.24 X | ||||
| Earnings Per Share | (0.08) X | ||||
| Target Price | 0.87 | ||||
| Beta | 1.92 | ||||
| Market Capitalization | 70.33 M | ||||
| Total Asset | 31.26 M | ||||
| Retained Earnings | (109.1 M) | ||||
| Working Capital | 1.85 M | ||||
| Net Asset | 31.26 M |
About Eco Atlantic Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Eco Atlantic Oil's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eco Atlantic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eco Atlantic Oil 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 110.9 K | 105.4 K | |
| Total Revenue | 1.7 K | 1.6 K | |
| Cost Of Revenue | 6.2 M | 6.5 M | |
| Stock Based Compensation To Revenue | 56.03 | 58.83 | |
| Sales General And Administrative To Revenue | 779.17 | 818.13 | |
| Capex To Revenue | 21.62 | 22.70 | |
| Revenue Per Share | 0.00 | 0.01 | |
| Ebit Per Revenue | -2.8 K | -19.45 |
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Additional Tools for Eco Stock Analysis
When running Eco Atlantic's price analysis, check to measure Eco Atlantic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eco Atlantic is operating at the current time. Most of Eco Atlantic's value examination focuses on studying past and present price action to predict the probability of Eco Atlantic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eco Atlantic's price. Additionally, you may evaluate how the addition of Eco Atlantic to your portfolios can decrease your overall portfolio volatility.