Greenfire Resources Stock Total Asset
GFR Stock | 6.97 0.17 2.38% |
Greenfire Resources fundamentals help investors to digest information that contributes to Greenfire Resources' financial success or failures. It also enables traders to predict the movement of Greenfire Stock. The fundamental analysis module provides a way to measure Greenfire Resources' 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 Greenfire Resources stock.
Last Reported | Projected for Next Year | ||
Total Assets | 1.2 B | 956.1 M |
Greenfire | Total Asset |
Greenfire Resources Company Total Asset Analysis
Greenfire Resources' Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current Greenfire Resources Total Asset | 1.17 B |
Most of Greenfire Resources' fundamental indicators, such as Total Asset, 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, Greenfire Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Greenfire Total Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Greenfire Resources is extremely important. It helps to project a fair market value of Greenfire Stock properly, considering its historical fundamentals such as Total Asset. Since Greenfire Resources' 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 Greenfire Resources' 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 Greenfire Resources' interrelated accounts and indicators.
Click cells to compare fundamentals
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
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Greenfire Total Assets
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Based on the latest financial disclosure, Greenfire Resources has a Total Asset of 1.17 B. This is 96.7% lower than that of the Oil, Gas & Consumable Fuels sector and 94.63% lower than that of the Energy industry. The total asset for all United States stocks is 96.02% higher than that of the company.
Greenfire Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Greenfire Resources' direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Greenfire Resources could also be used in its relative valuation, which is a method of valuing Greenfire Resources by comparing valuation metrics of similar companies.Greenfire Resources is currently under evaluation in total asset category among its peers.
Greenfire Resources ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Greenfire Resources' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Greenfire Resources' managers, analysts, and investors.Environmental | Governance | Social |
Greenfire Fundamentals
Return On Equity | -0.21 | ||||
Return On Asset | 0.0384 | ||||
Profit Margin | (0.22) % | ||||
Operating Margin | 0.24 % | ||||
Current Valuation | 706.06 M | ||||
Shares Outstanding | 69.47 M | ||||
Shares Owned By Insiders | 95.77 % | ||||
Shares Owned By Institutions | 35.15 % | ||||
Number Of Shares Shorted | 35.72 K | ||||
Price To Book | 0.95 X | ||||
Price To Sales | 0.71 X | ||||
Revenue | 675.97 M | ||||
Gross Profit | 352.1 M | ||||
EBITDA | 60.92 M | ||||
Net Income | (135.67 M) | ||||
Total Debt | 390.07 M | ||||
Book Value Per Share | 10.12 X | ||||
Cash Flow From Operations | 86.55 M | ||||
Short Ratio | 0.26 X | ||||
Earnings Per Share | 0.54 X | ||||
Target Price | 13.0 | ||||
Beta | 0.28 | ||||
Market Capitalization | 505.04 M | ||||
Total Asset | 1.17 B | ||||
Retained Earnings | 526.7 M | ||||
Working Capital | 33.53 M | ||||
Net Asset | 1.17 B |
About Greenfire Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Greenfire Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Greenfire Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Greenfire Resources 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 Greenfire Resources
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 Greenfire Resources 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 Greenfire Resources will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Greenfire Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Greenfire Resources 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 Greenfire Resources - 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 Greenfire Resources to buy it.
The correlation of Greenfire Resources 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 Greenfire Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Greenfire Resources 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 Greenfire Resources 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.Additional Tools for Greenfire Stock Analysis
When running Greenfire Resources' price analysis, check to measure Greenfire Resources' 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 Greenfire Resources is operating at the current time. Most of Greenfire Resources' value examination focuses on studying past and present price action to predict the probability of Greenfire Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greenfire Resources' price. Additionally, you may evaluate how the addition of Greenfire Resources to your portfolios can decrease your overall portfolio volatility.