Jericho Oil Corp Stock Fundamentals

JROOF Stock  USD 0.09  0  3.33%   
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 Pink Sheet. 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 pink sheet.
  
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Jericho Oil Corp Company Return On Asset Analysis

Jericho Oil's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Jericho Oil Return On Asset

    
  -0.2  
Most of Jericho Oil's fundamental indicators, such as Return On 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, Jericho Oil Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Based on the latest financial disclosure, Jericho Oil Corp has a Return On Asset of -0.1981. This is 595.25% lower than that of the Energy sector and 97.28% lower than that of the Oil & Gas E&P industry. The return on asset for all United States stocks is 41.5% higher than that of the company.

Jericho Oil Corp Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Jericho Oil's current stock value. Our valuation model uses many indicators to compare Jericho Oil value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Jericho Oil competition to find correlations between indicators driving Jericho Oil's intrinsic value. More Info.
Jericho Oil Corp is currently regarded as number one stock in return on equity category among its peers. It also is currently regarded as number one stock in return on asset category among its peers . 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 Jericho Oil's earnings, one of the primary drivers of an investment's value.

Jericho Return On Asset 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 Return On Asset to detect undervalued stocks with similar characteristics or determine the pink sheets 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 return on asset category among its peers.

Jericho Fundamentals

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.
Jericho Energy Ventures Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and production of oil and natural gas fields in the United States. Jericho Energy Ventures Inc. was incorporated in 2010 and is headquartered in Vancouver, Canada. Jericho Energy is traded on OTC Exchange in the United States.

Currently Active Assets on Macroaxis

Other Information on Investing in Jericho Pink Sheet

Jericho Oil financial ratios help investors to determine whether Jericho Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Jericho with respect to the benefits of owning Jericho Oil security.