Athabasca Historical Financial Ratios
| ATH Stock | CAD 5.14 0.01 0.19% |
Athabasca Oil is presently reporting on over 91 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.2, PTB Ratio of 2.44 or Days Sales Outstanding of 29.05 will help investors to properly organize and evaluate Athabasca Oil Corp financial condition quickly.
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About Athabasca Financial Ratios Analysis
Athabasca Oil CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Athabasca Oil investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Athabasca financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Athabasca Oil history.
Athabasca Oil Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Athabasca Oil Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Athabasca Oil sales, a figure that is much harder to manipulate than other Athabasca Oil Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Athabasca Oil Corp dividend as a percentage of Athabasca Oil stock price. Athabasca Oil Corp dividend yield is a measure of Athabasca Oil stock productivity, which can be interpreted as interest rate earned on an Athabasca Oil investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Most ratios from Athabasca Oil's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Athabasca Oil Corp current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Athabasca Oil Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Athabasca Oil's ROIC is very stable compared to the past year. As of the 30th of November 2024, Days Of Inventory On Hand is likely to grow to 36.83, while Price To Sales Ratio is likely to drop 1.94.
| 2023 | 2024 (projected) | Dividend Yield | 0.23 | 0.2 | Price To Sales Ratio | 2.04 | 1.94 |
Athabasca Oil fundamentals Correlations
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Athabasca Oil Account Relationship Matchups
High Positive Relationship
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Athabasca Oil fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 0.37 | 0.19 | 0.62 | 0.91 | 2.04 | 1.94 | |
| Days Sales Outstanding | 52.44 | 49.12 | 31.9 | 21.71 | 30.57 | 29.05 | |
| Book Value Per Share | 2.34 | 1.07 | 1.93 | 3.01 | 2.71 | 4.66 | |
| Free Cash Flow Yield | (0.35) | (1.5) | 0.16 | 0.12 | 0.0681 | 0.0715 | |
| Operating Cash Flow Per Share | 0.18 | (0.0433) | 0.37 | 0.56 | 0.52 | 0.55 | |
| Stock Based Compensation To Revenue | 0.008071 | 0.007061 | 0.017 | 0.0182 | 0.002976 | 0.002828 | |
| Capex To Depreciation | 1.38 | 0.89 | 0.82 | 1.23 | 1.18 | 1.12 | |
| Ev To Sales | 0.73 | 1.04 | 0.78 | 0.92 | 1.9 | 1.81 | |
| Free Cash Flow Per Share | (0.38) | (0.2) | (0.25) | 0.19 | 0.3 | 0.28 | |
| Roic | 0.0436 | (0.18) | 0.18 | 0.54 | 0.48 | 0.51 | |
| Inventory Turnover | 9.85 | 10.04 | 10.5 | 13.6 | 18.36 | 9.39 | |
| Net Income Per Share | 0.35 | (1.36) | 0.86 | 1.01 | (0.0877) | (0.0921) | |
| Days Of Inventory On Hand | 37.07 | 36.35 | 34.77 | 26.84 | 19.87 | 36.83 | |
| Payables Turnover | 2.7 | 2.93 | 4.03 | 6.14 | 6.02 | 6.32 | |
| Sales General And Administrative To Revenue | 0.15 | 0.16 | 0.23 | 0.0975 | 0.0626 | 0.0595 | |
| Cash Per Share | 0.49 | 0.31 | 0.42 | 0.35 | 0.59 | 0.56 | |
| Pocfratio | 3.32 | (3.92) | 3.25 | 4.34 | 7.97 | 8.37 | |
| Interest Coverage | 1.66 | (2.96) | 3.98 | 3.63 | 3.27 | 3.43 | |
| Capex To Operating Cash Flow | 3.3 | 2.15 | (4.87) | 0.47 | 0.46 | 0.48 | |
| Pfcf Ratio | (2.89) | (0.67) | 6.18 | 8.14 | 14.69 | 15.43 | |
| Days Payables Outstanding | 135.22 | 124.55 | 90.47 | 59.49 | 60.67 | 57.64 | |
| Income Quality | 0.38 | 0.0348 | 0.42 | 0.55 | (5.96) | (5.67) | |
| Roe | 0.15 | (1.27) | 0.45 | 0.33 | (0.0323) | (0.034) | |
| Ev To Operating Cash Flow | 6.62 | (21.13) | 4.08 | 4.36 | 7.45 | 7.82 | |
| Pe Ratio | 1.67 | (0.12) | 1.38 | 2.39 | (47.53) | (45.15) | |
| Return On Tangible Assets | (0.31) | 0.0879 | (0.51) | 0.26 | (0.025) | (0.0263) | |
| Ev To Free Cash Flow | (5.75) | (3.6) | 7.76 | 8.19 | 13.74 | 14.43 | |
| Earnings Yield | 0.6 | (8.02) | 0.72 | 0.42 | (0.021) | (0.0221) | |
| Net Debt To E B I T D A | (1.55) | 0.66 | (0.86) | 0.0232 | (1.41) | (1.48) | |
| Current Ratio | 2.6 | 2.46 | 1.29 | 1.3 | 2.7 | 2.57 | |
| Tangible Book Value Per Share | 2.34 | 1.07 | 1.93 | 3.01 | 2.71 | 4.7 | |
| Receivables Turnover | 6.96 | 7.43 | 11.44 | 16.81 | 11.94 | 12.54 | |
| Graham Number | 4.31 | 5.73 | 6.12 | 8.26 | 2.31 | 2.2 | |
| Shareholders Equity Per Share | 2.34 | 1.07 | 1.93 | 3.01 | 2.71 | 4.66 | |
| Debt To Equity | 0.6 | 0.46 | 0.99 | 0.37 | 0.12 | 0.11 | |
| Capex Per Share | 0.38 | 0.21 | 0.17 | 0.26 | 0.24 | 0.23 |
Pair Trading with Athabasca Oil
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 Athabasca Oil 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 Athabasca Oil will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Athabasca Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Athabasca Oil 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 Athabasca Oil - 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 Athabasca Oil Corp to buy it.
The correlation of Athabasca Oil 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 Athabasca Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Athabasca Oil Corp 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 Athabasca Oil 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.Other Information on Investing in Athabasca Stock
Athabasca Oil CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Athabasca Oil investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Athabasca financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Athabasca Oil history.