Gran Historical Financial Ratios
| GTE Stock | CAD 9.62 0.23 2.45% |
Gran Tierra is recently reporting on over 97 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 PTB Ratio of 0.45 or Days Sales Outstanding of 6.73 will help investors to properly organize and evaluate Gran Tierra Energy financial condition quickly.
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About Gran Financial Ratios Analysis
Gran Tierra EnergyFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Gran Tierra 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 Gran financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Gran Tierra history.
Gran Tierra Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Gran Tierra Energy stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Gran Tierra sales, a figure that is much harder to manipulate than other Gran Tierra Energy 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.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.Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Gran Tierra Energy. There are two different methods for calculating Gran Tierra Energy invested capital: operating approach and financing approach. Understanding Gran Tierra invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Stock Based Compensation To Revenue
A metric that compares the total value of stock-based compensation granted by a company to its total revenue, indicating how much of the revenue is used to compensate employees with stock options or awards.Most ratios from Gran Tierra's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Gran Tierra Energy 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gran Tierra Energy. 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, Gran Tierra's Capex To Operating Cash Flow is very stable compared to the past year. As of the 1st of December 2024, PFCF Ratio is likely to grow to 21.76, while Price To Sales Ratio is likely to drop 0.28.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 45.22 | 2.87 | 7.08 | 6.73 | PTB Ratio | 0.92 | 0.86 | 0.48 | 0.45 |
Gran Tierra fundamentals Correlations
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Gran Tierra Account Relationship Matchups
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Gran Tierra fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 0.85 | 0.56 | 0.59 | 0.51 | 0.3 | 0.28 | |
| Ptb Ratio | 0.47 | 0.52 | 0.92 | 0.86 | 0.48 | 0.45 | |
| Days Sales Outstanding | 110.03 | 5.83 | 45.22 | 2.87 | 7.08 | 6.73 | |
| Book Value Per Share | 27.43 | 7.0 | 8.23 | 11.46 | 11.84 | 11.25 | |
| Free Cash Flow Yield | (0.58) | (0.11) | 0.34 | 0.53 | 0.0483 | 0.0507 | |
| Operating Cash Flow Per Share | 4.72 | 2.21 | 6.67 | 11.74 | 6.81 | 4.89 | |
| Stock Based Compensation To Revenue | 0.002504 | 0.005113 | 0.0177 | 0.0127 | 0.008983 | 0.0166 | |
| Capex To Depreciation | 2.03 | 0.59 | 1.07 | 1.31 | 1.02 | 0.96 | |
| Pb Ratio | 0.47 | 0.52 | 0.92 | 0.86 | 0.48 | 0.45 | |
| Ev To Sales | 2.06 | 3.76 | 1.92 | 1.16 | 1.07 | 1.02 | |
| Free Cash Flow Per Share | (7.42) | (0.41) | 2.59 | 5.24 | 0.27 | 0.29 | |
| Roic | 0.0215 | (0.07) | 0.28 | 0.18 | (0.0111) | (0.0106) | |
| Inventory Turnover | 436.11 | 384.62 | 356.82 | 157.86 | 14.36 | 13.64 | |
| Net Income Per Share | 1.03 | (21.2) | 1.16 | 3.81 | (0.19) | (0.2) | |
| Days Of Inventory On Hand | 0.84 | 0.95 | 1.02 | 2.31 | 25.42 | 49.2 | |
| Payables Turnover | 1.48 | 2.39 | 1.54 | 1.58 | 3.4 | 3.57 | |
| Sales General And Administrative To Revenue | 0.0608 | 0.0997 | 0.0765 | 0.0576 | 0.072 | 0.0684 | |
| Capex To Revenue | 0.65 | 0.8 | 0.4 | 0.32 | 0.33 | 0.34 | |
| Cash Per Share | 2.74 | 1.69 | 0.71 | 3.48 | 1.86 | 1.76 | |
| Pocfratio | 2.73 | 1.65 | 1.14 | 0.84 | 0.83 | 0.87 | |
| Interest Coverage | 2.31 | (1.56) | 2.89 | 7.38 | 3.12 | 2.96 | |
| Capex To Operating Cash Flow | 2.57 | 1.19 | 0.61 | 0.55 | 0.96 | 1.01 | |
| Pfcf Ratio | (1.74) | (8.78) | 2.94 | 1.89 | 20.72 | 21.76 | |
| Days Payables Outstanding | 246.13 | 152.73 | 237.73 | 231.34 | 107.41 | 102.04 | |
| Income Quality | 4.59 | (0.1) | 5.76 | 3.08 | (36.26) | (34.45) | |
| Roe | 0.0375 | (3.03) | 0.14 | 0.33 | (0.0159) | (0.0167) | |
| Ev To Operating Cash Flow | 6.63 | 11.03 | 3.71 | 1.93 | 2.99 | 3.14 | |
| Pe Ratio | 12.55 | (0.17) | 6.58 | 2.6 | (30.03) | (28.52) | |
| Return On Tangible Assets | 0.0199 | (0.65) | 0.0356 | 0.1 | (0.00474) | (0.004977) | |
| Ev To Free Cash Flow | (4.22) | (58.83) | 9.56 | 4.31 | 74.84 | 78.58 | |
| Earnings Yield | 0.0797 | (5.83) | 0.15 | 0.39 | (0.0333) | (0.035) | |
| Intangibles To Total Assets | 0.0612 | 0.0502 | (0.002837) | (0.004123) | (0.004742) | (0.004505) | |
| Net Debt To E B I T D A | 2.12 | (1.2) | 2.6 | 0.98 | 1.31 | 1.37 | |
| Current Ratio | 1.46 | 1.18 | 0.45 | 0.7 | 0.43 | 0.41 | |
| Tangible Book Value Per Share | 24.7 | 7.1 | 8.36 | 11.46 | 11.84 | 11.25 | |
| Receivables Turnover | 3.32 | 62.61 | 8.07 | 127.01 | 51.54 | 54.11 | |
| Graham Number | 25.18 | 57.8 | 14.64 | 31.36 | 7.07 | 6.72 | |
| Shareholders Equity Per Share | 27.43 | 7.0 | 8.23 | 11.46 | 11.84 | 11.25 |
Pair Trading with Gran Tierra
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 Gran Tierra 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 Gran Tierra will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Gran Tierra could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gran Tierra 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 Gran Tierra - 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 Gran Tierra Energy to buy it.
The correlation of Gran Tierra 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 Gran Tierra moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gran Tierra Energy 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 Gran Tierra 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.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gran Tierra Energy. 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. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.