Jericho Oil Corp Stock Net Asset

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.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Jericho Oil Corp Company Net Asset Analysis

Jericho Oil'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.

Net Asset

 = 

Current Market Value

-

Current Liabilities

More About Net Asset | All Equity Analysis

Current Jericho Oil Net Asset

    
  28.3 M  
Most of Jericho Oil'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, Jericho Oil Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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

Based on the recorded statements, Jericho Oil Corp has a Net Asset of 28.3 M. This is much higher than that of the Energy sector and significantly higher than that of the Oil & Gas E&P industry. The net asset for all United States stocks is notably lower than that of the firm.

Jericho Net 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 Net 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 net 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.

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.