Jericho Oil Corp Stock Short Ratio
| JEV Stock | CAD 0.12 0.01 7.69% |
Jericho Oil Corp fundamentals help investors to digest information that contributes to Jericho Oil's financial success or failures. It also enables traders to predict the movement of Jericho Stock. The fundamental analysis module provides a way to measure Jericho Oil'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 Jericho Oil stock.
Jericho | Short Ratio |
Jericho Oil Corp Company Short Ratio Analysis
Jericho Oil's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Jericho Oil Short Ratio | 0.20 X |
Most of Jericho Oil's fundamental indicators, such as Short Ratio, 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, Jericho Oil Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Jericho Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Jericho Oil is extremely important. It helps to project a fair market value of Jericho Stock properly, considering its historical fundamentals such as Short Ratio. Since Jericho Oil'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 Jericho Oil'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 Jericho Oil's interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
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Jericho Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Jericho Oil Corp has a Short Ratio of 0.2 times. This is 96.11% lower than that of the Oil, Gas & Consumable Fuels sector and 94.87% lower than that of the Energy industry. The short ratio for all Canada stocks is 95.0% higher than that of the company.
Jericho Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Jericho Oil's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Jericho Oil could also be used in its relative valuation, which is a method of valuing Jericho Oil by comparing valuation metrics of similar companies.Jericho Oil is currently under evaluation in short ratio category among its peers.
Jericho Oil Current Valuation Drivers
We derive many important indicators used in calculating different scores of Jericho Oil from analyzing Jericho Oil's financial statements. These drivers represent accounts that assess Jericho Oil's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Jericho Oil's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 28.3M | 35.2M | 127.6M | 59.9M | 48.0M | 34.7M | |
| Enterprise Value | 26.7M | 31.7M | 126.4M | 62.6M | 51.9M | 33.5M |
Jericho Fundamentals
| Return On Equity | -0.5 | |||
| Return On Asset | -0.15 | |||
| Operating Margin | (85.88) % | |||
| Current Valuation | 37.15 M | |||
| Shares Outstanding | 259.76 M | |||
| Shares Owned By Insiders | 24.80 % | |||
| Number Of Shares Shorted | 2.02 K | |||
| Price To Book | 1.85 X | |||
| Price To Sales | 555.25 X | |||
| Revenue | 73 K | |||
| Gross Profit | 20.57 K | |||
| EBITDA | (4.19 M) | |||
| Net Income | (7.32 M) | |||
| Cash And Equivalents | 1.66 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 30.24 K | |||
| Debt To Equity | 0.17 % | |||
| Current Ratio | 1.45 X | |||
| Book Value Per Share | 0.05 X | |||
| Cash Flow From Operations | (3.2 M) | |||
| Short Ratio | 0.20 X | |||
| Earnings Per Share | (0.04) X | |||
| Target Price | 0.5 | |||
| Beta | 0.68 | |||
| Market Capitalization | 31.17 M | |||
| Total Asset | 19.02 M | |||
| Retained Earnings | (46.89 M) | |||
| Working Capital | (1.51 M) | |||
| Net Asset | 19.02 M |
About Jericho Oil Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Jericho Oil Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Jericho Oil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Jericho Oil 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.
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Additional Tools for Jericho Stock Analysis
When running Jericho Oil's price analysis, check to measure Jericho Oil'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 Jericho Oil is operating at the current time. Most of Jericho Oil's value examination focuses on studying past and present price action to predict the probability of Jericho Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jericho Oil's price. Additionally, you may evaluate how the addition of Jericho Oil to your portfolios can decrease your overall portfolio volatility.