Obsidian Long Term Debt Total vs Capital Stock Analysis

OBE Stock  USD 5.88  0.02  0.34%   
Obsidian Energy financial indicator trend analysis is much more than just breaking down Obsidian Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Obsidian Energy is a good investment. Please check the relationship between Obsidian Energy Long Term Debt Total and its Capital Stock accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Obsidian 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 bureau of labor statistics.
For information on how to trade Obsidian Stock refer to our How to Trade Obsidian Stock guide.

Long Term Debt Total vs Capital Stock

Long Term Debt Total vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Obsidian Energy Long Term Debt Total account and Capital Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Obsidian Energy's Long Term Debt Total and Capital Stock is -0.29. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Obsidian Energy, assuming nothing else is changed. The correlation between historical values of Obsidian Energy's Long Term Debt Total and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of Obsidian Energy are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Long Term Debt Total i.e., Obsidian Energy's Long Term Debt Total and Capital Stock go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Debt Total

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most indicators from Obsidian Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Obsidian Energy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Obsidian 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 bureau of labor statistics.
For information on how to trade Obsidian Stock refer to our How to Trade Obsidian Stock guide.At present, Obsidian Energy's Enterprise Value Over EBITDA is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 4.18, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.
 2021 2022 2023 2024 (projected)
Total Revenue497.5M920M653.3M620.6M
Depreciation And Amortization125.7M185.7M211M200.5M

Obsidian Energy fundamental ratios Correlations

0.970.250.850.981.00.970.060.861.00.960.010.990.990.950.80.80.550.530.570.55-0.270.20.030.610.8
0.970.230.890.920.971.0-0.060.780.970.92-0.020.980.990.920.820.730.550.470.660.57-0.10.240.20.640.77
0.250.230.390.240.230.230.140.490.250.45-0.040.210.250.30.120.610.80.33-0.06-0.22-0.09-0.19-0.350.270.13
0.850.890.390.820.850.89-0.040.740.850.850.130.840.880.810.720.720.640.290.540.630.170.310.160.470.63
0.980.920.240.820.980.920.10.880.980.940.020.960.960.930.780.820.520.570.490.55-0.360.16-0.030.540.76
1.00.970.230.850.980.970.030.841.00.950.00.990.990.950.820.780.530.540.610.54-0.270.230.080.630.8
0.971.00.230.890.920.97-0.060.790.970.93-0.020.980.990.920.820.730.550.470.650.57-0.110.220.190.640.77
0.06-0.060.14-0.040.10.03-0.060.30.060.12-0.260.020.01-0.11-0.530.340.240.05-0.370.0-0.26-0.33-0.62-0.460.2
0.860.780.490.740.880.840.790.30.860.930.010.830.830.810.570.980.740.470.130.47-0.41-0.22-0.370.350.61
1.00.970.250.850.981.00.970.060.860.960.00.990.990.950.80.80.550.530.570.55-0.270.20.030.60.8
0.960.920.450.850.940.950.930.120.930.96-0.020.940.950.930.730.920.720.520.450.49-0.30.04-0.10.570.73
0.01-0.02-0.040.130.020.0-0.02-0.260.010.0-0.02-0.08-0.040.040.18-0.01-0.07-0.13-0.250.360.220.060.17-0.33-0.48
0.990.980.210.840.960.990.980.020.830.990.94-0.081.00.940.810.770.540.540.630.54-0.260.220.10.650.83
0.990.990.250.880.960.990.990.010.830.990.95-0.041.00.940.810.770.570.50.640.56-0.190.240.110.640.81
0.950.920.30.810.930.950.92-0.110.810.950.930.040.940.940.860.750.480.520.580.43-0.240.190.040.730.72
0.80.820.120.720.780.820.82-0.530.570.80.730.180.810.810.860.480.30.460.650.47-0.140.340.360.750.52
0.80.730.610.720.820.780.730.340.980.80.92-0.010.770.770.750.480.840.450.110.41-0.39-0.22-0.40.310.58
0.550.550.80.640.520.530.550.240.740.550.72-0.070.540.570.480.30.840.370.150.24-0.21-0.09-0.20.230.4
0.530.470.330.290.570.540.470.050.470.530.52-0.130.540.50.520.460.450.370.350.03-0.620.070.140.470.36
0.570.66-0.060.540.490.610.65-0.370.130.570.45-0.250.630.640.580.650.110.150.350.220.080.740.670.740.65
0.550.57-0.220.630.550.540.570.00.470.550.490.360.540.560.430.470.410.240.030.220.090.240.22-0.060.34
-0.27-0.1-0.090.17-0.36-0.27-0.11-0.26-0.41-0.27-0.30.22-0.26-0.19-0.24-0.14-0.39-0.21-0.620.080.090.290.33-0.15-0.21
0.20.24-0.190.310.160.230.22-0.33-0.220.20.040.060.220.240.190.34-0.22-0.090.070.740.240.290.650.310.35
0.030.2-0.350.16-0.030.080.19-0.62-0.370.03-0.10.170.10.110.040.36-0.4-0.20.140.670.220.330.650.25-0.06
0.610.640.270.470.540.630.64-0.460.350.60.57-0.330.650.640.730.750.310.230.470.74-0.06-0.150.310.250.64
0.80.770.130.630.760.80.770.20.610.80.73-0.480.830.810.720.520.580.40.360.650.34-0.210.35-0.060.64
Click cells to compare fundamentals

Obsidian Energy Account Relationship Matchups

Obsidian Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B964.1M1.4B2.2B2.3B2.1B
Short Long Term Debt Total575M462.2M399.7M231.3M228M216.6M
Other Current Liab140M16.9M27.6M34.1M32.6M31.0M
Total Current Liabilities603M547.6M530.5M222.9M230M441.3M
Total Stockholder Equity1.1B323.1M763.5M1.6B1.6B3.1B
Property Plant And Equipment Net1.7B905.2M1.3B1.9B1.9B1.8B
Net Debt574M454.1M392.4M230.5M227.5M216.1M
Retained Earnings(1.2B)(2.0B)(1.6B)(743.4M)(635.4M)(667.2M)
Accounts Payable111M74.1M107.8M185.6M193.5M260.7M
Non Current Assets Total1.7B905.2M1.3B2.1B2.2B2.0B
Net Receivables71M40.8M68.9M82.6M70M66.5M
Common Stock Shares Outstanding72.9M73.3M77.6M84.4M84.1M59.8M
Liabilities And Stockholders Equity1.9B964.1M1.4B2.2B2.3B2.1B
Non Current Liabilities Total209M93.4M135.2M401.7M376.6M357.8M
Total Liab812M641M665.7M624.6M606.6M576.3M
Total Current Assets169M58.9M87.1M100.3M94.6M89.9M
Other Stockholder Equity101.8M103.6M103.2M101.2M91.1M86.5M
Accumulated Other Comprehensive Income102M103.6M103.2M101.2M104.1M99.4M
Short Term Debt463M456.6M395.1M3.2M3.9M3.7M
Cash And Short Term Investments1M8.1M7.3M800K500K475K
Inventory85M800K1.8M6.2M1.00.95
Cash1M8.1M7.3M800K500K475K
Long Term Debt402M27M0.0225.3M218M207.1M
Long Term Debt Total112M5.6M4.6M228.1M205.3M195.0M
Property Plant Equipment1.7B905.2M1.3B1.9B1.7B2.5B
Other Liab96.6M87.8M130.6M173.6M199.6M149.3M
Net Tangible Assets1.1B323.1M763.5M1.6B1.4B900.3M
Net Invested Capital1.6B774.9M1.2B1.8B1.9B1.3B
Short Long Term Debt434M451.8M391M2M1.8M1.7M
Net Working Capital(434M)(488.7M)(443.4M)(122.6M)(135.4M)(142.2M)

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Obsidian Energy is a strong investment it is important to analyze Obsidian Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Obsidian Energy's future performance. For an informed investment choice regarding Obsidian Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Obsidian 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 bureau of labor statistics.
For information on how to trade Obsidian Stock refer to our How to Trade Obsidian Stock guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Obsidian Energy. If investors know Obsidian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Obsidian Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.4
Earnings Share
1.02
Revenue Per Share
9.012
Quarterly Revenue Growth
0.075
Return On Assets
0.0519
The market value of Obsidian Energy is measured differently than its book value, which is the value of Obsidian that is recorded on the company's balance sheet. Investors also form their own opinion of Obsidian Energy's value that differs from its market value or its book value, called intrinsic value, which is Obsidian Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Obsidian Energy's market value can be influenced by many factors that don't directly affect Obsidian Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Obsidian Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Obsidian Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Obsidian Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.