Eco Atlantic Oil Stock Return On Equity
| EOG Stock | CAD 0.19 0.01 5.56% |
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.
| Last Reported | Projected for Next Year | ||
| Return On Equity | (0.71) | (0.54) |
Eco | Return On Equity |
Eco Atlantic Oil Company Return On Equity Analysis
Eco Atlantic's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Eco Atlantic Return On Equity | -0.55 |
Most of Eco Atlantic's fundamental indicators, such as Return On Equity, 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 Return On Equity 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 Return On Equity. 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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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Eco Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Eco Atlantic Oil has a Return On Equity of -0.5482. This is 72.31% lower than that of the Oil, Gas & Consumable Fuels sector and 130.8% lower than that of the Energy industry. The return on equity for all Canada stocks is 76.84% higher than that of the company.
Eco Return On Equity 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 Return On Equity 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 return on equity category among its peers.
Eco Fundamentals
| Return On Equity | -0.55 | |||
| Return On Asset | -0.076 | |||
| Current Valuation | 68.64 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 | 1.73 X | |||
| Price To Sales | 15,322 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.
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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.