Bengal Energy Cash And Equivalents vs. Price To Book
| BNGLF Stock | USD 0.01 0 28.05% |
For Bengal Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Bengal Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Bengal Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Bengal Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Bengal Energy over time as well as its relative position and ranking within its peers.
Bengal |
Bengal Energy Price To Book vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Bengal Energy's current stock value. Our valuation model uses many indicators to compare Bengal Energy value to that of its competitors to determine the firm's financial worth. Bengal Energy is number one stock in cash and equivalents category among its peers. It also is number one stock in price to book category among its peers . The ratio of Cash And Equivalents to Price To Book for Bengal Energy is about 3,138,767 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Bengal Energy's earnings, one of the primary drivers of an investment's value.Bengal Price To Book 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.
Bengal Energy |
| = | 2.85 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).
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Bengal Energy |
| = | 0.91 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Bengal Price To Book Comparison
Bengal Energy is currently under evaluation in price to book category among its peers.
Bengal Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Bengal Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Bengal Energy will eventually generate negative long term returns. The profitability progress is the general direction of Bengal Energy's change in net profit over the period of time. It can combine multiple indicators of Bengal Energy, 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.
Bengal Energy Ltd. engages in the exploration, development, and production of oil and gas reserves in Australia. Bengal Energy Ltd. was incorporated in 1999 and is headquartered in Calgary, Canada. Bengal Energy operates under Oil Gas EP classification in the United States and is traded on OTC Exchange.
Bengal Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Bengal Energy. 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 Bengal Energy 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 Bengal Energy's important profitability drivers and their relationship over time.
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Use Investing Themes to Complement your Bengal Energy position
In addition to having Bengal Energy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Gold and Gold Mining
Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products. The Gold and Gold Mining theme has 99 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Gold and Gold Mining Theme or any other thematic opportunities.
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Other Information on Investing in Bengal Pink Sheet
To fully project Bengal Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Bengal Energy 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 Bengal Energy's income statement, its balance sheet, and the statement of cash flows.