Imperial Petroleum Stock Net Asset
| IMPP Stock | USD 3.29 0.08 2.37% |
Imperial Petroleum fundamentals help investors to digest information that contributes to Imperial Petroleum's financial success or failures. It also enables traders to predict the movement of Imperial Stock. The fundamental analysis module provides a way to measure Imperial Petroleum'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 Imperial Petroleum stock.
Imperial | Net Asset |
Imperial Petroleum Company Net Asset Analysis
Imperial Petroleum's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Imperial Petroleum Net Asset | 376.83 M |
Most of Imperial Petroleum's fundamental indicators, such as Net 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, Imperial Petroleum is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Imperial Net Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Imperial Petroleum is extremely important. It helps to project a fair market value of Imperial Stock properly, considering its historical fundamentals such as Net Asset. Since Imperial Petroleum'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 Imperial Petroleum'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 Imperial Petroleum's interrelated accounts and indicators.
Click cells to compare fundamentals
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Imperial Total Assets
Total Assets |
|
Based on the recorded statements, Imperial Petroleum has a Net Asset of 376.83 M. This is much higher than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The net asset for all United States stocks is notably lower than that of the firm.
Imperial Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Imperial Petroleum's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Imperial Petroleum could also be used in its relative valuation, which is a method of valuing Imperial Petroleum by comparing valuation metrics of similar companies.Imperial Petroleum is currently under evaluation in net asset category among its peers.
Imperial Petroleum 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, Imperial Petroleum's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Imperial Petroleum's managers, analysts, and investors.Environmental | Governance | Social |
Imperial Petroleum Institutional Holders
Institutional Holdings refers to the ownership stake in Imperial Petroleum that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Imperial Petroleum's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Imperial Petroleum's value.| Shares | Goldman Sachs Group Inc | 2024-06-30 | 36.3 K | Peak6 Investments Lp | 2024-06-30 | 34.6 K | Fifth Lane Capital, Lp | 2024-06-30 | 27.9 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 24.2 K | Simplex Trading, Llc | 2024-06-30 | 20.9 K | Two Sigma Investments Llc | 2024-09-30 | 17.4 K | Wolverine Trading Llc | 2024-06-30 | 14.8 K | Geode Capital Management, Llc | 2024-09-30 | 13.5 K | Marshall Wace Asset Management Ltd | 2024-06-30 | 12.3 K | Susquehanna International Group, Llp | 2024-06-30 | 523 K | Deuterium Capital Management, Llc | 2024-06-30 | 398.4 K |
Imperial Fundamentals
| Return On Equity | 0.15 | ||||
| Return On Asset | 0.0667 | ||||
| Profit Margin | 0.37 % | ||||
| Operating Margin | 0.41 % | ||||
| Current Valuation | (15.97 M) | ||||
| Shares Outstanding | 33.73 M | ||||
| Shares Owned By Insiders | 33.92 % | ||||
| Shares Owned By Institutions | 10.38 % | ||||
| Number Of Shares Shorted | 2.93 M | ||||
| Price To Book | 0.28 X | ||||
| Price To Sales | 0.77 X | ||||
| Revenue | 183.73 M | ||||
| Gross Profit | 44.93 M | ||||
| EBITDA | 88.59 M | ||||
| Net Income | 71.13 M | ||||
| Cash And Equivalents | 92.44 M | ||||
| Cash Per Share | 0.49 X | ||||
| Total Debt | 14.53 M | ||||
| Debt To Equity | 0.16 % | ||||
| Current Ratio | 5.72 X | ||||
| Book Value Per Share | 13.15 X | ||||
| Cash Flow From Operations | 79.77 M | ||||
| Short Ratio | 12.67 X | ||||
| Earnings Per Share | 1.21 X | ||||
| Target Price | 8.0 | ||||
| Beta | 1.1 | ||||
| Market Capitalization | 117.71 M | ||||
| Total Asset | 376.83 M | ||||
| Retained Earnings | 97.61 M | ||||
| Working Capital | 168.66 M | ||||
| Net Asset | 376.83 M |
About Imperial Petroleum Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Imperial Petroleum's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Imperial Petroleum using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Imperial Petroleum 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 Imperial Petroleum
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 Imperial Petroleum 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 Imperial Petroleum will appreciate offsetting losses from the drop in the long position's value.Moving against Imperial Stock
| 0.89 | DTM | DT Midstream | PairCorr |
| 0.88 | KMI | Kinder Morgan Sell-off Trend | PairCorr |
| 0.86 | EE | Excelerate Energy | PairCorr |
| 0.81 | VNOM | Viper Energy Ut | PairCorr |
| 0.8 | OKE | ONEOK Inc | PairCorr |
The ability to find closely correlated positions to Imperial Petroleum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Imperial Petroleum 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 Imperial Petroleum - 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 Imperial Petroleum to buy it.
The correlation of Imperial Petroleum 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 Imperial Petroleum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Imperial Petroleum 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 Imperial Petroleum 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 Imperial Stock Analysis
When running Imperial Petroleum's price analysis, check to measure Imperial Petroleum'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 Imperial Petroleum is operating at the current time. Most of Imperial Petroleum's value examination focuses on studying past and present price action to predict the probability of Imperial Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Imperial Petroleum's price. Additionally, you may evaluate how the addition of Imperial Petroleum to your portfolios can decrease your overall portfolio volatility.