Africa Oil Cash And Equivalents vs. Market Capitalization
| AOI Stock | CAD 1.84 0.07 3.66% |
Cash And Equivalents | First Reported 2010-12-31 | Previous Quarter 179.4 M | Current Value 211.6 M | Quarterly Volatility 154.6 M |
For Africa Oil profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Africa Oil to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Africa Oil Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Africa Oil's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Africa Oil Corp over time as well as its relative position and ranking within its peers.
Africa |
Africa Oil Corp Market Capitalization vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Africa Oil's current stock value. Our valuation model uses many indicators to compare Africa Oil value to that of its competitors to determine the firm's financial worth. Africa Oil Corp is number one stock in cash and equivalents category among its peers. It is rated third in market capitalization category among its peers creating about 4.03 of Market Capitalization per Cash And Equivalents. At this time, Africa Oil's Cash And Equivalents is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Africa Oil by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Africa Oil's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Africa Market Capitalization vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Africa Oil |
| = | 199.3 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Africa Oil |
| = | 803.35 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Africa Market Capitalization vs Competition
Africa Oil Corp is rated third in market capitalization category among its peers. Market capitalization of Energy industry is presently estimated at about 5.44 Billion. Africa Oil retains roughly 803.35 Million in market capitalization claiming about 15% of equities under Energy industry.
Africa Oil Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Africa Oil, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Africa Oil will eventually generate negative long term returns. The profitability progress is the general direction of Africa Oil's change in net profit over the period of time. It can combine multiple indicators of Africa Oil, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Operating Income | 99.9 M | 104.9 M | |
| Income Before Tax | 78.4 M | 82.3 M | |
| Total Other Income Expense Net | 180 K | 189 K | |
| Net Income | 78.4 M | 82.3 M | |
| Income Tax Expense | -121.5 K | -115.5 K | |
| Net Income From Continuing Ops | 100.2 M | 105.2 M | |
| Net Loss | -69.3 M | -72.8 M | |
| Interest Income | 9 M | 6.2 M | |
| Net Interest Income | 180 K | 189 K | |
| Change To Netincome | -115 M | -109.3 M | |
| Income Quality | (0.70) | (0.67) |
Africa Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Africa Oil. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Africa Oil position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Africa Oil's important profitability drivers and their relationship over time.
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Other Information on Investing in Africa Stock
To fully project Africa Oil's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Africa Oil Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Africa Oil's income statement, its balance sheet, and the statement of cash flows.